Churchill Knight & Boox clients being investigated as Managed Service Companies

[GregRickshaw]

I have ofter wondered how long it will be before HMRC go after LTD company pensions. No mention of them in this particular raid so maybe we shouldn't add this to the mix of horrors

[eek]

I have ofter wondered how long it will be before HMRC go after LTD company pensions. No mention of them in this particular raid so maybe we shouldn't add this to the mix of horrors

Pensions are safe - the tax is collected eventually and hard to escape so I don’t see it being an issue.

[Fred Bloggs]

I have ofter wondered how long it will be before HMRC go after LTD company pensions. No mention of them in this particular raid so maybe we shouldn't add this to the mix of horrors

Not going to happen.

[petethestrider]

I've gone through most of this thread and decided to put in my two cents.

First of all - to all CK clients - I strongly feel that we should contribute to the defence fund. CK are currently in the best position to defend our businesses and they still have a lot to lose (everything, actually). I realise that the 10% of liability contribution (which CK then rephrased to a 'maximum contribution') was insane, I told them I would contribute 1k and as many people in this thread said - if we all pay up that should be more then enough to cover at least the first tier.

Some of you asked about insurance policies for IR35 - mine was with Qdos, who obviously denied covering any liability or legal costs as MSC was not listed in their policy, however they then offered some legal advice (such as writing and sending the appeal for me and liaising with HMRC) for an extra fee. I was going to have their insurance policy reviewed by another lawyer when Qdos then said that actually they changed their mind and would be able to provide full legal protection for the duration of the investigation. Rumour has it that these insurance companies might be in trouble if HMRC win the case so it's in their interest to win this too.

[DealorNoDeal]

First of all - to all CK clients - I strongly feel that we should contribute to the defence fund. CK are currently in the best position to defend our businesses and they still have a lot to lose (everything, actually). I realise that the 10% of liability contribution (which CK then rephrased to a 'maximum contribution') was insane, I told them I would contribute 1k and as many people in this thread said - if we all pay up that should be more then enough to cover at least the first tier.

That is a sensible amount.

Some on here may not agree that CK are best to defend you. However, I do, purely because your interests are aligned. This is not like the tax avoidance scheme providers where it made no material difference to them whether cases were won or lost. CK have got a lot riding on this.

[cattochan]

Really glad I found this thread, it's all very worrying and stressful. I have many questions and have asked for a virtual meeting with CK, Osborne Clarke and any of CK's clients that would like to join. Would people be interested in this? If I can show there's interest then hopefully they'll be more likely to organise it.

Update: they said no. 'We are more than happy to address any concerns and questions via this dedicated support platform. A virtual meeting with us, Osborne Clarke and other clients is not possible at this stage, however we are reviewing increased engagement concepts.'

[VSCodeDude]

I've gone through most of this thread and decided to put in my two cents.

First of all - to all CK clients - I strongly feel that we should contribute to the defence fund. CK are currently in the best position to defend our businesses and they still have a lot to lose (everything, actually). I realise that the 10% of liability contribution (which CK then rephrased to a 'maximum contribution') was insane, I told them I would contribute 1k and as many people in this thread said - if we all pay up that should be more then enough to cover at least the first tier.

Some of you asked about insurance policies for IR35 - mine was with Qdos, who obviously denied covering any liability or legal costs as MSC was not listed in their policy, however, they then offered some legal advice (such as writing and sending the appeal for me and liaising with HMRC) for an extra fee. I was going to have their insurance policy reviewed by another lawyer when Qdos then said that actually they changed their mind and would be able to provide full legal protection for the duration of the investigation. Rumour has it that these insurance companies might be in trouble if HMRC win the case so it's in their interest to win this too.

I also have Tax Liability Cover. Back in March like you, they offered legal costs at a discounted rate. After seeing this post I contacted them again and I can confirm they have changed their stance.
So I won't be joining the DK group for now.

I would be happy to contribute 1k but I would like to have visibility for how the fundraising is going.

[Syrinx]

I've gone through most of this thread and decided to put in my two cents.

First of all - to all CK clients - I strongly feel that we should contribute to the defence fund. CK are currently in the best position to defend our businesses and they still have a lot to lose (everything, actually). I realise that the 10% of liability contribution (which CK then rephrased to a 'maximum contribution') was insane, I told them I would contribute 1k and as many people in this thread said - if we all pay up that should be more then enough to cover at least the first tier.

So what is that as a percentage for you? £1k would be about 14% for me.

[Guy Incognito]

I'm a former Boox client and I'd probably contribute £1k to CK defence if I thought it would stop them f'ing it up...

[GregRickshaw]

I'm a former Boox client and I'd probably contribute £1k to CK defence if I thought it would stop them f'ing it up...

joking aside I have asked this of CK many times. Surely if Boox clients joined with the same barrister that makes more sense.

They have very slightly different captures but only in wording.