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BIG GROUP

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    ... and thats bad for the business

    Originally posted by vern19 View Post
    Just heard back from my tax advisor, he thinks you are an HMRC stooge.

    He told me to stay away from internet forums

    Yes, Thats bad for his business and anyone else who is selling hope to desperate clueless individuals

    Maybe the rest of use would like sharing information without suffering paranoia of conspiracy theories

    Comment


      Originally posted by luxCon View Post
      Yes, Thats bad for his business and anyone else who is selling hope to desperate clueless individuals

      Maybe the rest of use would like sharing information without suffering paranoia of conspiracy theories
      Not sure how this is relevant to Big Group?
      Best Forum Adviser & Forum Personality of the Year 2018.

      (No, me neither).

      Comment


        Originally posted by vern19 View Post
        Just heard back from my tax advisor, he thinks you are an HMRC stooge.

        He told me to stay away from internet forums


        Other than being wrong, did he give you a view on the tax?

        Just for the record: I don't work for HMRC, I have never worked for HMRC, I don't work with contractors and I'm not trying to get fees from anyone on here for any of this. I may also be wrong. But I'm not a stooge.

        Comment


          Originally posted by luxCon View Post
          Yes, Thats bad for his business and anyone else who is selling hope to desperate clueless individuals

          Maybe the rest of use would like sharing information without suffering paranoia of conspiracy theories
          Having been caught by HMRC they should do some research.

          Is it better to settle(via BG) or fight via BG? Either way there is no other group around for loan schemes.

          Comment


            Originally posted by PokemonStay View Post
            Having been caught by HMRC they should do some research.

            Is it better to settle(via BG) or fight via BG? Either way there is no other group around for loan schemes.
            I suspect that there are some advisers out there who might disagree?

            AML seem to still in the fight and preparing for litigation.

            We're aware of a case going ahead next year on a scheme, where the adviser has been around for a long time.

            The TAA Group seems to be preparing for litigation.

            There is a large group of users of a forex style arrangement that appear to be coherent and focussed.

            Much as I would like to think BG is the only show in town, we are not in terms of coordination.

            For those wishing to seek advice on settlement, any competent adviser should be able to do that. It's just that those of us who specialise in this area or who have an interest (academic or otherwise) have the advantage of not having to do several 10's of hours of research first.
            Best Forum Adviser & Forum Personality of the Year 2018.

            (No, me neither).

            Comment


              Originally posted by webberg View Post
              I suspect that there are some advisers out there who might disagree?

              AML seem to still in the fight and preparing for litigation.

              We're aware of a case going ahead next year on a scheme, where the adviser has been around for a long time.

              The TAA Group seems to be preparing for litigation.

              There is a large group of users of a forex style arrangement that appear to be coherent and focussed.

              Much as I would like to think BG is the only show in town, we are not in terms of coordination.

              For those wishing to seek advice on settlement, any competent adviser should be able to do that. It's just that those of us who specialise in this area or who have an interest (academic or otherwise) have the advantage of not having to do several 10's of hours of research first.
              Agreed there are some schemes still fighting. Though the majority have taken the money and gone.

              Settlement can be very tricky, as per other threads. Worthwhile getting advice first.

              For some it may even be worth fighting on.

              Comment


                Originally posted by PokemonStay View Post
                Agreed there are some schemes still fighting. Though the majority have taken the money and gone.

                Settlement can be very tricky, as per other threads. Worthwhile getting advice first.

                For some it may even be worth fighting on.
                Do not confuse promoters (who may "have taken the money and gone") with advisers and advisory groups.

                Promoters were not in the main tax advisers. They were designers or purveyors of arrangements rather than somebody whose role is to make an objective assessment and inform the client of the pros and cons.

                You may claim that some promoters and advisers were indistinguishable and acted in concert. That may be the case, but they should have acted within their instructions.

                A promoter wants to sell something.

                An adviser sells advice.

                I know of no promoter firm who are offering assistance with Settlement.

                Unfortunately in the UK, anybody can set themselves up as an accountant or tax adviser and there is no mechanism to ensure quality, integrity, independence.

                If you go to an adviser who belongs to a Chartered body or a Certified body, you know that they adhere to a code and if they break it, you have recourse.

                That said, in this area, being Chartered or not is not a guarantee that the individual knows much about the settlement nuances which, as demonstrated above, are hardly straightforward.
                Best Forum Adviser & Forum Personality of the Year 2018.

                (No, me neither).

                Comment


                  Originally posted by webberg View Post

                  I know of no promoter firm who are offering assistance with Settlement.
                  AML were a promoter, weren't they?

                  I once received a call and subsequent email from them.

                  Also, the company that promoted/sold the structure I used to me are still around and providing responses to HMRC letters.

                  Comment


                    Originally posted by WalterWhite View Post
                    AML were a promoter, weren't they?

                    I once received a call and subsequent email from them.

                    Also, the company that promoted/sold the structure I used to me are still around and providing responses to HMRC letters.
                    Yes they were, I was with them also and yes, they are still around and providing responses to HMRC letters however, they are NOT interested in discussing settlement. Their sole purpose is defending their schemes via legal means. Please don't think for one minute they have your interests at heart over their own.
                    STRENGTH - "A river cuts through rock not because of its power, but its persistence"

                    Comment


                      Originally posted by Iliketax View Post
                      There are not many of them around just yet. And if you find the right person and they agree that you don't have to pay tax on the closed years, well there's still a couple of Finance Bills to change the rules before April 2019.
                      .
                      With there still being a couple of Finance Bills to allow the rules to change, would that not suggest then there is no point in attempting any kind of settlement prior to these coming in to play ? Do you know when the last of these is scheduled for ?

                      Comment

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