BIG GROUP

[webberg]

If you have only closed (unprotected) years then a win for us at litigation means no tax for you.

Will we win?

No guarantee of that. We have a confidence level of 65%.

Speak to other advisers and they may be 65% sure that we'll lose. Speak to HMRC and they will be 100% sure we'll lose.

I cannot be any more clear.

In terms of a JR against the loan charge, I think we know of at least 4 going ahead of which LCAG is one.

Will they defeat the loan charge?

I don't know.

Every message from Government is that the loan charge is here to stay, but it would not a shock if they held the line until the last possible second and then caved as that seems to be what passes for policy for this Government (and the last one and all the ones before then).

[dammit chloe]

First, I think you are in the wrong place as this is Big Group which is looking for an answer that is not settlement.

Second, you need to do some reading on the threads below.

In order to settle you need to accept the HMRC calculation, sign a contract and make the payments.

Just "confessing" is not enough and HMRC will not do any of the work for you.

@webberg

Rather than take up time with phone calls as I know your offices are backed up for them. And please only answer if you feel it is ok too.

I have received my settlement offer of approx £70000 for approx 4 years in Horizon/CS and all my years are unprotected. last year was 2005/6, part year.

Is this scenario something that you have a clear, confident strategy for? Or as my years are all closed is the LCAG JR the only real hope?


Thanks in advance.

PS I did speak to your advisors but that was before I had a clear view on my situation and the responses were a little unclear. Hoping my actual circumstances help make things clearer.

[webberg]

I am a little confused as to where I stand now.
I have received a settlement notice from HMRC. they want 18K from me.
they have offered me to pay it in instalments - nice of them!

Just wondering where I stand now - do I have to settle with them as I have already 'confessed' to my loan payments.
Will my options change depending on the spring statement and any changes that may come out of it regarding the loan charge?
could I still fight this by joining someone like Big Group?

Could anybody help shed some light for me - cheers

First, I think you are in the wrong place as this is Big Group which is looking for an answer that is not settlement.

Second, you need to do some reading on the threads below.

In order to settle you need to accept the HMRC calculation, sign a contract and make the payments.

Just "confessing" is not enough and HMRC will not do any of the work for you.

[Colfeian]

Settlement received - what do i do now?

I am a little confused as to where I stand now.
I have received a settlement notice from HMRC. they want 18K from me.
they have offered me to pay it in instalments - nice of them!

Just wondering where I stand now - do I have to settle with them as I have already 'confessed' to my loan payments.
Will my options change depending on the spring statement and any changes that may come out of it regarding the loan charge?
could I still fight this by joining someone like Big Group?

Could anybody help shed some light for me - cheers

[webberg]

Tomorrow evening at 6pm, we are hosting a webinar on the Spring Statement and the general state of affairs in the contractor market.

It is open to all and as such detailed discussions on Big Group strategy will not be part of the presentation or subsequent Q&A, but pretty much everything else will be.

You can register here

https://attendee.gotowebinar.com/reg...21944998077708

It's free - no obligation to join BG - no obligation to be a client.

Look forward to hearing from you.

[webberg]

We are accepting applications all the way to the first legal action.

Just be aware that understanding what we are doing now fills a decent size folder of material and if you need to read it all - and you should - then we find that after an initial call it is sensible to read up and think about the position for at least a week.

We will not pressure you to join. You need to understand and believe in what we are doing because it will not be easy or produce a guaranteed "win".

Call us.

[thecolour]

Hi, is it too late to join BIG group and the intended litigation?

Thanks

It's not too late. You can read about BG here and contact them regarding membership
WTT Big Group - WTT Consulting

[bearxxv]

Can I make this clear please.

Big Group is not LCAG.

Some members of Big Group are also in LCAG (quite a few actually).

Some members of LCAG are NOT in Big Group.

We work with LCAG a lot but we do not control them or run any services for them or act for them other than if they are clients of WTT or in Big Group.

We are happy to pass on requests for contact etc.

LCAG is doing a grand job and their work will come to at least a temporary peak when the review paper is produced. I suspect that the review will result in yet more work for them.

Big Group however is concerned with a broader and deeper objective, i.e. the liability arising from HMRC's original argument that loans = income.

Even if LCAG is successful in having the loan charge removed, the above question remains. (In fact, if the loan charge remains in its present form, the above question remains).

So, similar groups, different objectives.

Hi, is it too late to join BIG group and the intended litigation?

Thanks

[webberg]

Can I make this clear please.

Big Group is not LCAG.

Some members of Big Group are also in LCAG (quite a few actually).

Some members of LCAG are NOT in Big Group.

We work with LCAG a lot but we do not control them or run any services for them or act for them other than if they are clients of WTT or in Big Group.

We are happy to pass on requests for contact etc.

LCAG is doing a grand job and their work will come to at least a temporary peak when the review paper is produced. I suspect that the review will result in yet more work for them.

Big Group however is concerned with a broader and deeper objective, i.e. the liability arising from HMRC's original argument that loans = income.

Even if LCAG is successful in having the loan charge removed, the above question remains. (In fact, if the loan charge remains in its present form, the above question remains).

So, similar groups, different objectives.

[Delendog]

Can anyone please help with a telephone contact number for LCAG? Thanks....

It is 100% run by volunteers - I don't believe they have a contact number . You can contact via the website

Contact LCAG - Loan Charge Action Group