So, I've received my settlement offer from HMRC and I have a letter I need to sign and send back to them if I want to proceed with settlement. Whilst I'd prefer not hand over a wad of cash, I would really like this to be over and done with. They have confirmed that IHT is not currently due based on few points, but they've also requested that I inform them if the loans are written off or any event makes them worth less.
My question is, if I settle 08-09, 09-10 and 10-11, can I legitimately appeal 11-12 & 12-13 when those letters turn up, or could they refuse my appeal, given that I had already settled the above three years.
I'm half tempted to stick the money in a CTD, join Big Group and see how this pans out, however, I'm a bit apprehensive that I'm going to end up with the same tax bill, to include a penalty and NIC contributions thrown in for good measure. I don't want to end up in a worse position than I am today....
Any views would be appreciated.
My question is, if I settle 08-09, 09-10 and 10-11, can I legitimately appeal 11-12 & 12-13 when those letters turn up, or could they refuse my appeal, given that I had already settled the above three years.
I'm half tempted to stick the money in a CTD, join Big Group and see how this pans out, however, I'm a bit apprehensive that I'm going to end up with the same tax bill, to include a penalty and NIC contributions thrown in for good measure. I don't want to end up in a worse position than I am today....
Any views would be appreciated.
Comment