Brief update, on Friday I received a check of self assessment for the tax year that included the brief spell with bedouin (redstone), I have discussed this with bedouin (Michelle booth) who have provided a stock response form to reply with. Again reiterating their stance that they are fully hmrc compliant. Oddly enough even though I have received no demand my accountant has stated in their position they would opt to contact hmrc and settle regardless
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HMRC Enquiries: Bedouin/Redstone
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I've split this post from the original thread which can be found here.
http://forums.contractoruk.com/accou...solutions.html"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank... -
Apologies for taking this one (slightly) off topic, but does anyone know if Bedouin have been operating the same 'solution' over the last five/six years or so ?
I have a mate who's been using them for about 2 years now and I've been trying to talk him off it but he's firmly in the 'I've been using them for x months and not had any problems' mindset. A quick look on their website now seems to suggest that they are just a brolly solution, but I'm guessing that's not the full story. Any Bedouin long term clients advise ?When freedom comes along, don't PISH in the water supply.....Comment
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Panama?
They call themselves 'strategic wealth managers'. Get your mate to mail me and I'll explain the pain of these 'umbrellas'Originally posted by TestMangler View PostApologies for taking this one (slightly) off topic, but does anyone know if Bedouin have been operating the same 'solution' over the last five/six years or so ?
I have a mate who's been using them for about 2 years now and I've been trying to talk him off it but he's firmly in the 'I've been using them for x months and not had any problems' mindset. A quick look on their website now seems to suggest that they are just a brolly solution, but I'm guessing that's not the full story. Any Bedouin long term clients advise ?
Are they related to these guys?
Bedouin Group cease to be registered in the Isle of Man, but head to Panama instead. - All Umbrella Companies Are EqualComment
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They've taken a huge volunteers of calls the last few days apparently, they have discussed it with their "tax counsel" and feel the standard letter they are distributing to those affected are sufficient for the moment. When I stated my accountants advised me to offer to settle they did nothing to dissuade me, merely state it's up to me if I want to admit liabilityComment
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The Bedouin name has a long history of woes behind it, CUK has several threads on the subject, they make some pretty scary reading.Comment
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Thanks for that. Appreciated !Originally posted by jbryce View PostThey call themselves 'strategic wealth managers'. Get your mate to mail me and I'll explain the pain of these 'umbrellas'
Are they related to these guys?
Bedouin Group cease to be registered in the Isle of Man, but head to Panama instead. - All Umbrella Companies Are Equal
He's not a member on here so will try to talk him into joining to contact you.
He's so firmly in the 'fingers in the ears, I can't hear you' camp, he's beginning to annoy me
When freedom comes along, don't PISH in the water supply.....Comment
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You might perhaps want to point out that it will take a few years before he finally finds out it's very bad. The other thing to point out is that HMRC will definitely demand the tax eventually and he'll have to take the case to court.Originally posted by TestMangler View PostThanks for that. Appreciated !
He's not a member on here so will try to talk him into joining to contact you.
He's so firmly in the 'fingers in the ears, I can't hear you' camp, he's beginning to annoy me
But probably he'll carry on anyway.I'm alright JackComment
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The point is that some of these schemes may have been effective, and if they still are they won't be for long.Originally posted by BlasterBates View PostYou might perhaps want to point out that it will take a few years before he finally finds out it's very bad. The other thing to point out is that HMRC will definitely demand the tax eventually and he'll have to take the case to court.
But probably he'll carry on anyway.
Grandfathering is about to go, the GAAR will catch up with the non - DOTAS ones post 2013.
Really - post 2013 there is no excuse for anyone to be in these schemes.
Arrangements entered into on or after 17 July that have a main purpose of obtaining a tax advantage, and which are "abusive", can be challenged by HMRC under the new general anti-abuse rule ('GAAR'). They will be.Comment
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