Things about to get very serious and much more real? / Felicitas Letters

[WJK]

Clumsy cut and paste, as we can see...

(Oh, and they piggy-backed onto other's court cases if I remember correctly.)

Stress and frustration apologies

[WJK]

1.5%

[WJK]

What % of the total loan amount is xxx?

1.5%

[eek]

1.5%

Which is insanely low if they actually thought there was any real way they could recover the actual loaned amount.

[WJK]

Over the past 2 years Iv received so many settlement amounts (7 in total) just don't no what is best to do? This is by far the lowest I agree with eek but this is getting quite stressful for me and the family!

[Lance]

Which is insanely low if they actually thought there was any real way they could recover the actual loaned amount.

The thing is they say 'they will write off the rest'. "Writing off" the rest is quite different to cancelling/settling a full and final amount.
If they do 'write it off', they'll just come back for more later.

The only way I'd contemplate paying would for a final settlement. And I'd pay a lawyer to write it. But they'll not go with I imagine.

[GregRickshaw]

And not really a surprise given that HMRC basically gave all trusts the nod to transfer their "loans" to third parties at the end of July.

I didn't know HMRC had done this?

[GregRickshaw]

Over the past 2 years Iv received so many settlement amounts (7 in total) just don't no what is best to do? This is by far the lowest I agree with eek but this is getting quite stressful for me and the family!

It's extremely personal, 1.5% for peace of mind and to bring to an end two years of stress and worry it may be worth it for you. That is the lowest offer we have seen I think.

My only advice, if you are settling, is to get a lawyer to write up the settlement for you.

[eek]

I didn't know HMRC had done this?

Repaying a disguised remuneration loan to a third party - GOV.UK (www.gov.uk)

[GregRickshaw]

Repaying a disguised remuneration loan to a third party - GOV.UK (www.gov.uk)

Thank you bud... reads with mouth wide open...

HMRC basically saying what everyone from WTT to ETC Tax and anyone else with experience of loan selling has said.

As the article says HMRC telling us we're on our own