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HMRC LC - beware Eximius Consultants Ltd

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  • Waqaas
    replied
    No contract signed for loan agreement

    Dear respective members,

    I am in the same boat as you guys, I worked for 12 months in total over 2 financial tax years, but I did not sign any loan agreement with Eximius Consultanting, but I have received a letter from HMRC stating I need to pay back tax on the loans I received, I wrote back to them telling them I am willing to pay back the money I owe, my question is will this include

    1 National Insurance payments.

    2. can I extend the payments over 5 years without interes

    3. If I did not sign a loan contract with Eximius, can I use this against the HMRC as a get out clause but I would like to thread carefully because, I do not want to aggravate my options with HMRC, I believe, if you are cooperative with them, they will be willing to accommodate.

    I look forward to hearing from you.

    Leave a comment:


  • Scotslaw
    replied
    Originally posted by india View Post
    Hi All,

    It's such a relief to scroll through and read some of these messages. I thought I was the only one.

    I thought Eximius were deep down in my past, I haven't worked under them since 2016 and even then I was only a client for just over a month. My recruitment company rejected them in audit. I never signed the paperwork they sent to my address but it looks as though I did receive one payment from them, which I have only just discovered.

    Any advice about how to approach this with HMRC. I have also been sent the ambiguously worded letter. I have sent a response via email but anyone gotten further with them?

    I now live outside of the UK and have not contracted since 2016. What a nightmare!

    Good luck to all!
    If you have contacted HMRC, they will, at some point, send you a settlement information pack. Fill it out and return it to them following the instructions in the pack.

    I found it helpful to call their helpline a few months ago... but it seems to be super difficult to get through now.

    You should get the information to HMRC prior to 30/09, to get the chance to settle.

    If you only used the scheme for 1 month and no longer work in the UK, you may be in a much better position to bear the loan charge in 2019. To do that, you will have to fill out another self assessment for 2018/2019, and declare the loan income as a part of your income for the year. If you no longer are a UK tax payer, you may get a tiny tax bill for the year. However HMRC may go back into the tax year when you got paid through the scheme and reassess your tax for that year. In that case, any tax you paid on the loan in 2018/19 will be offset against what you owed for 2016. You may, however, be charged interest on the net amount which they may assess as due for 2016.

    Leave a comment:


  • india
    replied
    Dire straits

    Hi All,

    It's such a relief to scroll through and read some of these messages. I thought I was the only one.

    I thought Eximius were deep down in my past, I haven't worked under them since 2016 and even then I was only a client for just over a month. My recruitment company rejected them in audit. I never signed the paperwork they sent to my address but it looks as though I did receive one payment from them, which I have only just discovered.

    Any advice about how to approach this with HMRC. I have also been sent the ambiguously worded letter. I have sent a response via email but anyone gotten further with them?

    I now live outside of the UK and have not contracted since 2016. What a nightmare!

    Good luck to all!

    Leave a comment:


  • Blazer1
    replied
    Time to Fight

    Dear all,

    I along with 2 others (that we are aware of) used Eximius when we were working abroad, but in the EU.

    THL are a new company run by and older lady and young lady of 19, it was all part of a plan for sure. It's pretty obvious what's happened to all of us and frankly disgusting.

    In my opinion it's a bit like the PPI scandal. Read this article - https://www.theguardian.com/business...andal-unfolded

    I have someone acting on our behalf and we wrote to Eximius and to date have to my knowledge not received a reply. We have received a standard letter from HMRC which uses ambiguous language, which I believe is designed to frighten people and extract monies quietly to avoid bringing about a scandal.

    How innocent members of the Public are being used to be the fall guys / gals is beyond me. Someone here is making money through deceit, I have an idea how. Whilst morally wrong, morals do not put you in Prison.

    Our team are going to fight it and one of our lot said, we are stronger together, he is spot on. Currently we are waiting for our consultant to advise on our next move and I will inform the forum.

    An email address being used for this is constructiontruths@hotmail.co.uk

    Best
    H

    Leave a comment:


  • allypanton
    replied
    Problens with Eximius

    I too am in sticky situation thanks to Exmius.

    All help welcome.

    Leave a comment:


  • allypanton
    replied
    Also in a bad position thanks to Eximius/ Trust Firm/ HMRC

    Hi,

    Very reassuring to know others are in the same boat.

    Really could use some advice at this stage as to where to turn to next.

    Like others I have no idea who to trust regarding the years that I was with Eximius.

    For me Eximius have shutdown, re-started under Previse (They are getting a call tomorrow).

    In the meantime some group of Trustees have taken it upon themselves to start chasing former Eximius customers and also contact HMRC with former customer names! Very helpful and totally against what they promised.

    This is a real mess.

    As I say any help is appreciated.

    I can be reached on allypanton@gmail.com

    Many thanks

    Leave a comment:


  • Scotslaw
    replied
    Originally posted by Bazla77 View Post
    Hello everyone, this is my first post. I worked via Eximius in 2016 and now have received correspondence from THL. I am not prepared to pay a load of £ I don't need to and having since refused to pay money to the City firm recommended by THL I have registered with HMRC to pay for any tax due. However I cannot fill out the forms without some information from Eximius about the loan etc. I guess I need help from an accountant or tax lawyer as THL won't reply to my correspondence and you can't ring them. Any advice would be really appreciated.
    Check your bank statements, the Eximius payments would have hit your personal account as a smaller payment (salary) and a larger payment (loan). Depending on your model (limited co or employed by Exim), your salary payments would have been declared either as employment income or self employment income by the specialist accountant Exim asked you to hire with the service.
    So assuming your ‘salary’ payments have been duly declared in your SATRs (check to make sure), you only have to declare the sum total of the larger payments received from Exim.
    In the declaration, for the sake of transparency, also state that smaller payments received were declared in the year’s SATR.

    Leave a comment:


  • WTFH
    replied
    Originally posted by Bazla77 View Post
    Hello everyone, this is my first post. I worked via Eximius in 2016 and now have received correspondence from THL. I am not prepared to pay a load of £ I don't need to and having since refused to pay money to the City firm recommended by THL I have registered with HMRC to pay for any tax due. However I cannot fill out the forms without some information from Eximius about the loan etc. I guess I need help from an accountant or tax lawyer as THL won't reply to my correspondence and you can't ring them. Any advice would be really appreciated.
    Hi Bazia,
    If you take a look at your bank statements plus any monthly paperwork Eximus may have sent out, you should be able to see how much was loaned to you.
    You could also talk to Webberg who works for WTT or Phil @DSWTRES as they will be able to give you more advice.

    Leave a comment:


  • Bazla77
    replied
    Struggling to get sorted... Don't trust THL. Please help!

    Hello everyone, this is my first post. I worked via Eximius in 2016 and now have received correspondence from THL. I am not prepared to pay a load of £ I don't need to and having since refused to pay money to the City firm recommended by THL I have registered with HMRC to pay for any tax due. However I cannot fill out the forms without some information from Eximius about the loan etc. I guess I need help from an accountant or tax lawyer as THL won't reply to my correspondence and you can't ring them. Any advice would be really appreciated.

    Leave a comment:


  • Seekinghelp
    replied
    Originally posted by Scotslaw View Post
    I used Eximius briefly in 2016 and was also contacted by THL.
    I was on the verge of registering with THL just to check out the terms 'loan settlement offer'. Not having KYC documentation at hand delayed that process for me and I then discovered the 5% + £250 fee, which obviated the need to provide THL with any more of my information.
    I have since exercised my GDPR rights and asked them to delete any data they hold for me.
    Reading many comments who agree that HMRC don't need loans to be written off for the purpose of the LC (but will probably charge IHT if that were to happen), I don't see the point of paying any more money to Eximius or whoever it is that they sold off their loan books to.
    If THL or the trustees retained by Eximius decide to come after me with the pretense of 'recalling the loan', I would be happy to defend myself in a court of law. One thing I refuse to do is pay these people any more money on the back of whatever they already swindled from me.



    They claim to be acting on behalf of trustees employed by Eximius and a few other brands. The trustees in question are listed as:
    1. ECS International Trustees (Isle of Man) Ltd.
    2. Professional Independent Trustees Ltd.

    Thank you for adding your eximius story, glad to know there are a few of us.

    Leave a comment:

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