AML 2019 Loan Charge

[Sunflowers]

Hang in there. Its tough times but you will survive. Remember there are always others for you to talk to if you need to.

Thank you... I'm trying to bear that in mind

Appreciate your kind words.

[kentishlad]

had a nice brown envelope from HMRC again at the weekend kindly informing of the loan charge and its consquences.

They have been told only to make contact via email so thats a phone call recently and via post. Having been in touch with them about settling for a while now and informing them of the mental illness that im suffering because of this they still dont get it and do the complete opposite.

I really am getting sick of their inability to comprehend the stress they are putting on people and the effects of such.

Im currently on anti-depressants now and have started suffering from chronic migraines. I ended up splitting with my partner due to my behaviour/mood swings as I couldnt face telling her about what the future might bring, or may not bring. I'm coping, but only just. There are times I want to walk away from my job (no longer a contractor), this country, and my life in general.
I can ony find support in this group, and with a few friends. Support, help and understanding arent words I think HMRC are familiar with.

[ric_77]

had a nice brown envelope from HMRC again at the weekend kindly informing of the loan charge and its consquences.

They have been told only to make contact via email so thats a phone call recently and via post. Having been in touch with them about settling for a while now and informing them of the mental illness that im suffering because of this they still dont get it and do the complete opposite.

I really am getting sick of their inability to comprehend the stress they are putting on people and the effects of such.

[LandRover]

I'm still in shock... the realisation that I have ten years worth of loans to account for has pushed me over the edge.

I'm not sleeping, I'm not able to smile anymore, I'm having awful thoughts and I'm so angry that I believed the AML spiel.

I asked AML so many questions, received so many assurances and, naively I thought I was safe.

Despite receiving enquiry letters, I still believed the AML response of not to worry; that HMRC do not have a legal standing on this issue.

My intense shock when the emails came made me just want to curl up and die. What on earth have I done to my family? How on earth will we cope?

I can't tell you how much this forum has helped in educating me, putting me in touch with people that can help and assure me that I'm not alone. Assure me that I'm still better off being alive...

Thank you all for sharing.

I'm still trying to figure out what I'm going to do.

I believe there are only 3 options now that I've registered my interest with HMRC:
1, Settle with CLSO2 before the loan charge kicks in
2, Let the loan charge hit
3, Join the Big Group

Whatever the outcome, I'll have to try to negotiate some sort of TTP arrangement that's long enough to ensure we still have a roof over our heads, food on the table and some semblance of a decent life.

I just hope I'm not being naive in hoping for a decent amount of time to pay...

Get active see your MP, get on twitter, get vocal on this...

Join LCAG or Big Group...plenty of help and advice, you are not alone...

https://www.hmrcloancharge.info/

[esemi]

Hang in there. Its tough times but you will survive. Remember there are always others for you to talk to if you need to.

[Sunflowers]

Scared and angry...

I'm still in shock... the realisation that I have ten years worth of loans to account for has pushed me over the edge.

I'm not sleeping, I'm not able to smile anymore, I'm having awful thoughts and I'm so angry that I believed the AML spiel.

I asked AML so many questions, received so many assurances and, naively I thought I was safe.

Despite receiving enquiry letters, I still believed the AML response of not to worry; that HMRC do not have a legal standing on this issue.

My intense shock when the emails came made me just want to curl up and die. What on earth have I done to my family? How on earth will we cope?

I can't tell you how much this forum has helped in educating me, putting me in touch with people that can help and assure me that I'm not alone. Assure me that I'm still better off being alive...

Thank you all for sharing.

I'm still trying to figure out what I'm going to do.

I believe there are only 3 options now that I've registered my interest with HMRC:
1, Settle with CLSO2 before the loan charge kicks in
2, Let the loan charge hit
3, Join the Big Group

Whatever the outcome, I'll have to try to negotiate some sort of TTP arrangement that's long enough to ensure we still have a roof over our heads, food on the table and some semblance of a decent life.

I just hope I'm not being naive in hoping for a decent amount of time to pay...

[headspin]

Deadline "quietly" extended

https://www.telegraph.co.uk/tax/news...arges-quietly/

31st deadline extended a further 5 months. Have HMRC seriously underestimated the sh*tstorm they have unleashed?

This is interesting

"They see the new tax charge as retrospective and deeply unfair. However, while there may be public sympathy for the nurse in this situation, the IT professional fares less well in the court of public opinion and it is equally not fair to the teacher simply to write off the tax owing."

So, teachers get off with it?

[CockneyRed]

I think the plan of action from my perspective would be to wait for the outcome of the WTT resolution process. If unsuccessful, I think that would be the right time to instigate this. But I believe we are at least 6 months+ away from the next steps (depending on the outcome). I would then look at litigation and take it from there, even if I fight this on my own!

I am with you brother

[FOHMRC]

Your position sounds identical to mine...and I agree - why isn't everyone now ex AML pulling together for a legal case? how could we do this..? I've only heard through a QC that there is a group going to the European Court of Human Rights - but I don't know anything more than that, and that is not a direct case against AML/Knox, that's in relation to the legislation itself which may/may not be successful.

6 odd weeks down the line since getting the notification I'm impacted and I'm still completely dumbfounded and in disbelief that this can and might happen.

I think the plan of action from my perspective would be to wait for the outcome of the WTT resolution process. If unsuccessful, I think that would be the right time to instigate this. But I believe we are at least 6 months+ away from the next steps (depending on the outcome). I would then look at litigation and take it from there, even if I fight this on my own!

[QCApproved]

There are many AML users in Big Group - that is the best port of call for the activities you mention on organising.