HMRC enquiry letter for Winchester IQ Contract under section 9a

[starlitebreaker]

I have also received one of these (different scheme though) but mine had a deadline date to present the information to them by. My promoter (luckily and thankfully) has dealt with this on my behalf. If yours also has a deadline date, I personally wouldn't recommend ignoring it !!!

Hi,

I have received a similar letter from HMRC yesterday for the tax year April 2013-14. How did you get on with dealing this issue. I have used IQ for 8 months and now am with my own limited company. According to the P11 form I have been paid £5800 as loan in the year 2013-14. Could someone please help me with any promoter who are experts in dealing such cases.

Many thanks

[webberg]

Hi,

I have received a similar letter from HMRC yesterday for the tax year April 2013-14. How did you get on with dealing this issue. I have used IQ for 8 months and now am with my own limited company. According to the P11 form I have been paid £5800 as loan in the year 2013-14. Could someone please help me with any promoter who are experts in dealing such cases.

Many thanks

Look here

http://forums.contractoruk.com/hmrc-...ext-steps.html

Promoters are very definitely NOT experts in this area.

[Sharkoots]

IQ similar enquiry

I too have received a similar enquiry from HMRC and used IQContracts in 13/14.

CHS has more or less advised me to question HMRC on why they are asking for information which has already been provided through my P11D and tax return. Furthermore, IQ were DOTAS registered which means HMRC already know how they operate so a lot of the questions they've asked me are things they already know.

Did anyone get independent advice from a tax specialist? Or how did you respond this this enquiry?

It's worth adding that for the 13/14 tax year, IQContracts to date have been no help other than pointing me in the direction if CHS, who will only supply generic advice.

PS. I'm off these schemes now.

[webberg]

I too have received a similar enquiry from HMRC and used IQContracts in 13/14.

CHS has more or less advised me to question HMRC on why they are asking for information which has already been provided through my P11D and tax return. Furthermore, IQ were DOTAS registered which means HMRC already know how they operate so a lot of the questions they've asked me are things they already know.

Did anyone get independent advice from a tax specialist? Or how did you respond this this enquiry?

It's worth adding that for the 13/14 tax year, IQContracts to date have been no help other than pointing me in the direction if CHS, who will only supply generic advice.

PS. I'm off these schemes now.

1. It is not enough that HMRC has the information from third parties. They have asked YOU and YOU are now obliged to supply the information.

2. Have you ever seen a DOTAS submission? It's very basic and DOES NOT contain the sort of detail that HMRC want and are entitled to ask for. The form will NOT allow HMRC to make a decision.

I fear that CHS and IQ are playing dodge ball with you. IQ I can sort of understand but if CHS are meant to be professional advisers registered with and subject to the rules of a professional body (ICAEW/CIOT/etc) then they are falling well short of their obligations. (I have no information of what/who CHS are).

Any competent professional adviser can help you.

Some are more specialist than others and these threads will have the details you need.

[Vinu]

Hi,

I received the same letter now for the year 2013-2014. I was with IQ contracts for the year 2013-2014. They gave a deadline to respond with all my payslips and bank statements. CHS advised not to reply back.

Please tell me, how did you resolve the problem?

Thanks.

Hi,
I am one of you who received the HMRc enquiry letter (section 9a) for my return.
HMRC says that I was with IQ contracts which was using some sort of loan scheme.
Thay are asking all sort of information including my bank statements.
I have spoken to CHSlimited which was set up by IQ to help ppl like us. They are advising no to reply to HMRC as its just the voluntary request from HMRC not the formal request. They will not provide any legal assistant.

My accountant advising me to provide the info.
I am not sure how to deal with this.
Can some one help.

Many Thanks.

[Les Taylor]

Info

Im am in same situation for 2013-14 and not sure what to do. If anyone else is in same situation ( I assume loads are ) then we should group together and get legal advice.

Hi,
I am one of you who received the HMRc enquiry letter (section 9a) for my return.
HMRC says that I was with IQ contracts which was using some sort of loan scheme.
Thay are asking all sort of information including my bank statements.
I have spoken to CHSlimited which was set up by IQ to help ppl like us. They are advising no to reply to HMRC as its just the voluntary request from HMRC not the formal request. They will not provide any legal assistant.

My accountant advising me to provide the info.
I am not sure how to deal with this.
Can some one help.

Many Thanks.

[lara400]

went through the same thing with Sanzar that I am now going through with Winchester...basically...they open an enquiry asking to send info to HMRC...CH satte do not send anything...I don't....then 18 months later you get a APN/Settlement.....accept it...your going to get it so take it on the chin and start saving...I already have 90% of the money saved (I kind of guess how much they will want based on Sanzar experience) so whenever HMRC contact me (which is normally in the summer) I just want to settle and be done with...

[LandRover]

went through the same thing with Sanzar that I am now going through with Winchester...basically...they open an enquiry asking to send info to HMRC...CH satte do not send anything...I don't....then 18 months later you get a APN/Settlement.....accept it...your going to get it so take it on the chin and start saving...I already have 90% of the money saved (I kind of guess how much they will want based on Sanzar experience) so whenever HMRC contact me (which is normally in the summer) I just want to settle and be done with...

I understand how you feel, in that want to get on with your life and draw a line in this. Big Group have taken a more pragmatic approach of looking at a settlement with HMRC, they have already had a meeting with HMRC and have independence in not being affiliated to any of the scheme providers.

[aimeerose]

HMCR Request to file a tax return

Hi All,
I used IQ Contractors 2012-2013 and 2013-2014 - HMCR have just contacted me and asked me to file tax returns for these two years.... has anyone had issues with the loan being considered taxable? I'm assuming a APN will be issued once I have filed the returns.
Help!

[webberg]

Hi All,
I used IQ Contractors 2012-2013 and 2013-2014 - HMCR have just contacted me and asked me to file tax returns for these two years.... has anyone had issues with the loan being considered taxable? I'm assuming a APN will be issued once I have filed the returns.
Help!

Get advice from a tax adviser.

You are obliged to complete the returns if you have the notice and to do so before the deadline given.

HMRC's position is that "disguised remuneration" loans are taxable income. Spend a hour reading these threads.

An APN can be issued ONLY where there is an enquiry open (unlikely if HMRC doesn't have a return), a claim has been made that a tax advantage has arisen (unlikely if HMRC doesn't have a return), the scheme has been disclosed as a tax avoidance scheme (did you get such a notice from the promoter?).

Get advice.