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HMRC Enquiry letters on Loans from EBT and other schemes

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    Originally posted by meanttobeworking View Post
    I assume that my initial request for a settlement qualifies as engaging, but I'm sending a follow up letter to confirm engagement and effectively extend the time I have to decide for a few months.
    You can never send too many letters to HMRC. They love sending out mail ("friendly reminders" and all that) but I'm hearing they love receiving LOTS of (paper) mail even more.
    Help preserve the right to be a contractor in the UK

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      I hear they're partial to detailed questions that require in-depth research and bespoke replies rather than cut-and-paste answers from a library?

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        Originally posted by meanttobeworking View Post
        Thanks for the reply.

        As I understand it, you have to have "engaged" by the end of this month, and agreed something by end of September.

        I assume that my initial request for a settlement qualifies as engaging, but I'm sending a follow up letter to confirm engagement and effectively extend the time I have to decide for a few months.

        If APN payment date is before settlement offer, then these will have to be paid first, then used on any settlement offer.

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          I've just seen a paragraph in the letter that says "the adjusted employment income figure has been arrived at by multiplying the SA PAYE figure from <provider name> x5".

          In what world are they allowed to make up arbitrary ways of calculating non-appeal able tax bills like that?!

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            Originally posted by meanttobeworking View Post
            I've just seen a paragraph in the letter that says "the adjusted employment income figure has been arrived at by multiplying the SA PAYE figure from <provider name> x5".

            In what world are they allowed to make up arbitrary ways of calculating non-appeal able tax bills like that?!
            http://forums.contractoruk.com/hmrc-...last-year.html

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              Oh, and guess whether the new value *actually* equals 5x the figure from my SA or not....

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                Is it possible to pay an APN from our pension (private or state) funds?

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                  Originally posted by MrsB1974 View Post
                  Is it possible to pay an APN from our pension (private or state) funds?
                  If the money is yours then you can do as you wish with it.

                  If the money belongs to the trustee then they will have certain conditions to satisfy around whether such a payment is in the best interests of ALL the beneficiaries.
                  Best Forum Adviser & Forum Personality of the Year 2018.

                  (No, me neither).

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                    Many thanks

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                      umbrella company partnership loans

                      could you please advise?
                      I have received a letter from HMRC asking for payment on my self -assessment for 2011-12. I have worked for an umbrella company for about 3+ months in 2011, HMRC seem to be counting the loans/partnership amount as profits and asking me to pay tax on it. I spoke to my umbrella company regarding this, they are appealing on behalf of me. What should i do now? whether to pay this amount and get it back once the appeal is successful? My current accountant told me to pay it now and I can get it back after the appeal, how to go about it?

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