Have we done this yet? New settlement opportunity
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  1. #1

    Should post faster


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  2. #2

    More time posting than coding


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    Expected CLSO-2, didn't expect much movement from HMRC though and they have completely ignored the Supreme Courts decision from the Rangers Case.

    Time to stand up and continue the fight !!

  3. #3

    TripleIronDad


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    Are HMRC agreeing to settle again now? For a while they were not.

    Have the settlement terms got worse?

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    More time posting than coding


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    Quote Originally Posted by BrilloPad View Post
    Are HMRC agreeing to settle again now? For a while they were not.

    Have the settlement terms got worse?
    In a nutshell, they have now officially announced that promoter fees will be exempt from what you owe. So agreed they won't tax you on what you never received :-)

    No mention of the Rangers decision, although they have removed all mentioning of EBT's though and group them all as DR schemes. Maybe they are gearing up for a 2 fight approach - Rangers type Schemes and Non-Rangers type schemes.

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    TripleIronDad


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    Quote Originally Posted by regron View Post
    In a nutshell, they have now officially announced that promoter fees will be exempt from what you owe. So agreed they won't tax you on what you never received :-)

    No mention of the Rangers decision, although they have removed all mentioning of EBT's though and group them all as DR schemes. Maybe they are gearing up for a 2 fight approach - Rangers type Schemes and Non-Rangers type schemes.
    Promoter fees being exempt is months old.

    I hope they are settling again...

  6. #6

    Should post faster


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    Quote Originally Posted by regron View Post
    No mention of the Rangers decision, although they have removed all mentioning of EBT's though and group them all as DR schemes. Maybe they are gearing up for a 2 fight approach - Rangers type Schemes and Non-Rangers type schemes.
    Well they do say about settling for Employees...

    Youíre classed as an employee if youíre not a contractor and you were paid through a disguised remuneration scheme your employer used.

    If your employer hasnít already settled their tax affairs, to settle yours youíll need to pay:

    the same amount of Income Tax and NICs that your employer would have paid if they were settling your tax affairs


    So does look like both PAYE and NIC have been passed on. For schemes like Edge, discovery assessments only ever included PAYE, never NIC..

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