IHT on EBT settlement

[WTFH]

https://www.accountancytoday.co.uk/2...-stake-in-wtt/

WebberG no longer a person of significant control at Co's House.

You've linked to a headline and then stated a sentence about CoHo.

CoHo does not currently reflect what you have stated.

Unless you're not aware that WTT Consulting Ltd is not the same as WTT Accountancy Ltd. But surely you'd not make a mistake like that.

[Saleos]

If you’d checked you would find that it is WTT Group that have been sold & there is a clue in the word GROUP. ie. it includes WTT Group, WTT Consulting, WTT Legal & WTT Accountancy. Which
one of them invoiced you for a “litigation fund”

[WTFH]

If you’d checked you would find that it is WTT Group that have been sold & there is a clue in the word GROUP. ie. it includes WTT Group, WTT Consulting, WTT Legal & WTT Accountancy. Which
one of them invoiced you for a “litigation fund”

Oh, that's an interesting claim.
CoHo still lists WTT Accountancy with WebberG as a person of significant control.

Who is it you work for these days, it's hard to tell from CoHo?

[starstruck]

Oh, that's an interesting claim.
CoHo still lists WTT Accountancy with WebberG as a person of significant control.

Sorry, but that's not true.

https://find-and-update.company-info...ficant-control

Mr Graham Philip Webber CEASED

[woody1]

Sorry, but that's not true.

https://find-and-update.company-info...ficant-control

Mr Graham Philip Webber CEASED

For the sake of BIG GROUP members, who've been paying in and holding out hope for 8 years, I hope this isn't a rerun of what the original scheme providers did...

Milk it for as long as possible
Don't spend money on litigation fighting HMRC
Walk off into the sunset, leaving the contractors in the lurch

[WTFH]

Sorry, but that's not true.

https://find-and-update.company-info...ficant-control

Mr Graham Philip Webber CEASED

That must have updated yesterday. I apologise to Saleos and you for not being able to refresh the CoHo database.

[starstruck]

For the sake of BIG GROUP members, who've been paying in and holding out hope for 8 years, I hope this isn't a rerun of what the original scheme providers did...

Milk it for as long as possible
Don't spend money on litigation fighting HMRC
Walk off into the sunset, leaving the contractors in the lurch

It's possibly worse than "just" that. Based on the first post, by actively telling people to have their loans written off, it looks like they've created an additional charge (IHT) and by telling them to not pay the Loan Charge, they've added the spectre of penalties and interest on that; whilst the original underlying issue hasn't been resolved (I assume also incurring interest) and settlement opportunities missed. Anyone that joins a new Big "IHT" Group, is surely nuts.

[woody1]

I was reading up on the other EBT/loan groups that have taken action.

Hoey et al had their case heard at the FTTT, UTTT and Court of Appeal, culminating in an (unsuccessful) appeal to the Supreme Court. Higgs et al have been to the FTTT, and last month had their appeal heard at the UTTT. Lancashire et al have also had their case heard at the FTTT and have an appeal to the UTTT pending.

They're probably all wasting their time (and money) but it begs an obvious question. Why haven't BIG GROUP had a single case heard when they've been going 8 years?

It certainly doesn't bode well for anyone who joins their "IHT" group.

[Saleos]

A good question!

Re actual, real, cases, Lancashire UT
case listing shows as still May 2023 but that didn’t happen. Higgs was shown as 29-30 November 23. But the UT is of course bound by Hoey on the s684(7a) stuff (ie Tribunal has no jurisdiction on the PAYE stuff so either has to persuade CoA it was wrong in Hoey or the SC that it was wrong not to hear his onward appeal.

In the same 8 year window as Hoey made it as far as a permission application to the SC, Judicial Reveiws of APNs made it to the CoA & APN penalty cases to the UT.

WTT. Nada.

[woody1]

Perhaps they're waiting until all the other cases have been lost, before revealing their winning hand.