CLSO - DEADLINE 30th JUNE

[webberg]

You probably don't need reminding.

BIG GROUP recommends that you register an interest in the process.

https://www.gov.uk/government/upload...387786/do3.pdf

You need to complete the form and email to the address supplied before midnight Tuesday 30th June.

Be warned that the form is interactive but sometimes they work only when opened in Internet Explorer and Chrome is a non starter.

We've got some rules to follow (name that song for 2 pointless points).

DO NOT include inaccurate values.
If you genuinely don't have the values, estimate them BUT say so
If your dates are genuinely hazy, estimate them and say so
Do NOT volunteer any information you are not required to nor think relevant

BIG GROUP members can ask questions via the forum.

[bstar1]

You probably don't need reminding.

BIG GROUP recommends that you register an interest in the process.

https://www.gov.uk/government/upload...387786/do3.pdf

You need to complete the form and email to the address supplied before midnight Tuesday 30th June.

Be warned that the form is interactive but sometimes they work only when opened in Internet Explorer and Chrome is a non starter.

We've got some rules to follow (name that song for 2 pointless points).

DO NOT include inaccurate values.
If you genuinely don't have the values, estimate them BUT say so
If your dates are genuinely hazy, estimate them and say so
Do NOT volunteer any information you are not required to nor think relevant

BIG GROUP members can ask questions via the forum.

what would be the point of this if you pay apn and estimate it to be the same as CLSO but without the interest

[DotasScandal]

what would be the point of this if you pay apn and estimate it to be the same as CLSO but without the interest

To show that you have been engaging with HMRC with a view of settling (shall they try to whack you with penalties somewhere down the road).

BONUS: gives them more work and ties up their resources.

[bluemonkey71]

They have drafted in a lot of resources.

[savanna]

What if already in JR

Is it still worth registering interest in the CLSO if I am already in JR for APN with scheme provider? Wouldnt HMRC just see this as 'throwing in the towel' early?
Just trying to decide if it's worth having 2 prongs of attack simultaneously without negatively affecting each other ie. APN JR and Registering CLSO

[DotasScandal]

They have drafted in a lot of resources.

Let them work for their money.

[regron]

Let them work for their money.

THIS

[webberg]

what would be the point of this if you pay apn and estimate it to be the same as CLSO but without the interest

Sigh.

Because the APN IS NOT SETTLEMENT.

The APN is a payment on account of the final liability that you still have to calculate, appeal, argue over, agree.

The CLSO says it's a settlement, which it is of sorts.

It's not final and HMRC reserve for themselves various matters and try to include closed years.

It's entirely possible that the CLSO calculation will be wrong in your favour. It shows engagement. It will create an audit trail. You are NOT obliged to take the settlement.

[webberg]

Is it still worth registering interest in the CLSO if I am already in JR for APN with scheme provider? Wouldnt HMRC just see this as 'throwing in the towel' early?
Just trying to decide if it's worth having 2 prongs of attack simultaneously without negatively affecting each other ie. APN JR and Registering CLSO

Yes - APN is not connected in any way, shape or form with CLSO.

No.

The JR on the APN and the settlement ARE NOT CONNECTED

[LandRover]

Tax Years Affected

I have tried to look this up on HMRC website but no clear guidelines.

Is the CLSO for ALL years you were the user of schemes be Dotas and Non-Dotas, or is the CLSO specifically for DoTAS tax years up to 2010-11?