Originally posted by jamesbrown
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Churchill Knight & Boox clients being investigated as Managed Service Companies
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Originally posted by enda1 View Post
How do you think that would work for dual-director companies with 50/50 shareholder split you think?Comment
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Originally posted by Guy Incognito View Post
David Kirk told me they can. WTT told me they can't. The HMRC handbook seems to say they can. The HMRC guidance notes seem to say they can't.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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In general, pension contributions are safe. However, I imagine there are some circumstances where they wouldn't be safe. For example, imagine if you were under investigation and tried to use a large pension payment to circumvent an impending liability, I don't imagine that would work. Ordinarily, though, they are safe.Comment
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Originally posted by jamesbrown View PostIn general, pension contributions are safe. However, I imagine there are some circumstances where they wouldn't be safe. For example, imagine if you were under investigation and tried to use a large pension payment to circumvent an impending liability, I don't imagine that would work. Ordinarily, though, they are safe.
The very principle of pensions though is that a pension when paid is simply deferred salary. Taxed on the way out of the pension pot but not on the way in. Even this nasty, rapacious tax grabbing administration would be pilloried to high heaven for breaking that principle.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by rdw1970
I was referring to conditional claims and if Hector is saying all earnings for that tax year should be PAYE - could I claim tax relief on the payments made to my private pension as they were gross payments and did not receive tax relief. Would be mildly amusing if this investigation actually ended up costing Hector more in Corp Tax + Self Assessment rebates and Tax relief on pension payments!Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Anyone else getting money back when filling in the conditional claims form! Thanks HMRC you now owe me £300!!
Oh happy days if we get found guilty.Last edited by GregRickshaw; 29 April 2022, 11:45.Comment
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Originally posted by GregRickshaw View PostAnyone else getting money back when filling in the conditional claims form! Thanks HMRC you now owe me £300!!
Oh happy days if we get found guilty.
Pretty sure that will wipe out the £300.Comment
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Originally posted by Guy Incognito View Post
Do they get to charge the ~3% interest for 4 years on their bit but only pay you the 0.5% on your reclaim?
Pretty sure that will wipe out the £300.Comment
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Originally posted by rdw1970
Has anyone who was\is with Boox received any details of conditional claims refunds? I've signed up with David Kirk anyway and he said he'll be dealing with these after he's got the urgent appeals in.
Finally got a response from Hector and they've received my appeal and will respond to me shortly. If anyone hasn't heard from them yet, do chase them up.
It looks like we'll all miss the deadline for the corporation tax conditional claim in any case, as according to the David Kirk advisor it was end of April, although I'm not clear what exactly was driving the deadline. It's annoying, as that's one reason I wanted to sign up with the David Kirk group (which otherwise is very vague on what you get for your money), but they're prioritising appeals so aren't getting round to processing non-appeal people until next week.
I've not had confirmation of receipt of appeal back from HMRC yet. I've chased but Boox are saying it's not an issue - because the appeal has been emailed in time without triggering a message undeliverable email, it should be accepted.
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