HMRC letter regarding Loan scheme + Loan Company Liqudation

[rexx]

Hi

I am new to this forum.

I have used a company for last 18 months until July 2019.

Today I received a letter from HMRC for me to contact them regarding the loan scheme above.
Today when I checked the group went into voluntary creditors liquidation on 19/01/2020.

If I do pay the tax on the loan requested by HMRC can the liquidators then request me to also pay back the loan amounts as well ?

Thanks

[webberg]

We have a library of over 150 schemes in this space but disappointingly do not have this one.

If you are able to share any papers you have on the above, I'd be delighted to review them and give you an opinion as to what I think has happened.

All free and no obligation.

[DealorNoDeal]

We have a library of over 150 schemes in this space but disappointingly do not have this one.

Do you have any feel for how many schemes are still operating today?

One would hope they're not as prevalent/popular as they were 10 years ago.

[Ian Richardson GT Leeds]

We have a library of over 150 schemes in this space but disappointingly do not have this one.

If you are able to share any papers you have on the above, I'd be delighted to review them and give you an opinion as to what I think has happened.

All free and no obligation.

PNO Group Ltd was a successor co to Pembroke Payment Services Ltd

The liquidator is Edward Gee of CG & Co in Manchester

I'd suggest that the OP takes (& follows) professional advice and try to tie both HMRC and the liquidator into any settlement …..

[Superfly]

Hi

I am new to this forum.

I have used a company PNO group during for last 18 months until July 2019.

Today I received a letter from HMRC for me to contact them regarding the loan scheme above.
Today when I checked the PNO group went into voluntary creditors liquidation on 19/01/2020.

If I do pay the tax on the loan requested by HMRC can the liquidators then request me to also pay back the loan amounts as well ?

Has anyone used PNO group ?

Thanks

2019, 2020?? Why are people still using these vile scumbags? How are they still allowed to operate?

[DealorNoDeal]

2019, 2020?? Why are people still using these vile scumbags? How are they still allowed to operate?

Sadly, there is clearly still a sufficient supply of naive suckers for the scam merchants to prey on.

[Ian Richardson GT Leeds]

"vile scumbags"

2019, 2020?? Why are people still using these vile scumbags? How are they still allowed to operate?

But, but they score 4.8 out of 5 on Feefo ………

https://www.feefo.com/en-GB/reviews/...timeFrame=YEAR

[Superfly]

But, but they score 4.8 out of 5 on Feefo ………

https://www.feefo.com/en-GB/reviews/...timeFrame=YEAR

Yes, but are they HMRC approved? And do they have a QC opinion to back it?

[webberg]

Do you have any feel for how many schemes are still operating today?

One would hope they're not as prevalent/popular as they were 10 years ago.

Schemes operating today?

Depends what you call a scheme.

I suppose we divide them roughly into the following categories:

A. "Umbrella*" operations claiming to maximise expenses and salary sacrifice arrangements.

B. Structured "solutions" that involve some specialist entities created for the purpose.

C. Schemes that rely upon non disclosure of certain elements.

On our books as of today.

A. - perhaps 20 to 25

B. perhaps 10 to 12

C. perhaps 3 to 5

*I do not mean to include in that term all those legitimate umbrellas who subject ALL payments to tax and NIC. Unfortunately however it's a name they give themselves and in the absence of anybody in the "umbrella community" seemingly caring two hoots about the misuse of the name and doing something about striking down these imposters, it's a name we use in order to be consistent.

[lowpaidworker]

Yes, but are they HMRC approved? And do they have a QC opinion to back it?

More imprantly do or did the end users know what they were getting into. I think not. Thats one of the main points. Most of these schemes sold as compliant all dressed with wording as efficient and QC approved.

Ive seen a lot of disquiet from the LC APPG group. Still not happy with the review. Ive seen people sent letters threatening banruptcy and being asked to sell assetts including houses depsite the review and HMRC directors saying that would nt be the case. This mess is going from bad to diabolical since the reivew. Its even more confusing.