HMRC Enquiry letters on Loans from EBT and other schemes

[Michael J Perry FCA]

Thank you.

Had an exchange with this guy. He asked WAY too many questions without giving me anything in return. Including the "free" letter template he promised.

IMHO, he's either fishing or will report you to HMRC if you give him the chance. He wanted a grand just to engage.

Shark.

Would you trust a man with a hotmail address anyway?

Stay away.

I will not dignify this post with a detailed response.

[cojak]

I would like to point people to the behaviour expected on these forums.

http://forums.contractoruk.com/busin...al-forums.html

You may not like Mr Perry's advice and facts are facts, but I do not expect slagging off on this forum.

[convict]

If i understand Michael correctly then I think they will try to pull back the other years with a COP 8. Doesnt seem as if they will just stop, if they think there is unpaid tax they will try to get it.

From SALF402 - Enquiries into Tax Returns: introduction

Once the time limit for enquiry has passed, HMRC will not be able to open an enquiry and subsequently amend a taxpayer's self assessment and will only be able to make a further (discovery) assessment in a case involving a loss of tax brought about carelessly or deliberately or where there has been an incomplete disclosure of information.

[GoneSouth]

Edge EBT thread

Hello, I've started a thread for former Edge employees here

[Vthomson]

Appeal letter TRM

i was on the end of one of these letters this AM :-/

Contacted EBT who replied within two hours confirming thousands of cases. Also they sent me and attached appeals letter [as documented extensively in this thread] to use for replying.

on initial receipt I was going to pay, but not now, no way !

i didn't know hmrc employ sidewinder tactics like this, it makes me very angry.

Hi
Can you please send the appeal letter
I am from TRM camp of 2008/09

Thanks

[convict]

Hi
Can you please send the appeal letter
I am from TRM camp of 2008/09

Thanks

I've put it in the TRM thread.

[anejnz]

Wording in the Appeal Letter

Hi
Can you please send the appeal letter
I am from TRM camp of 2008/09

Thanks

We should NOT include the statement in the appeal "I do not agree the figure issued.".

HMRC may concentrate on just this statement and ask us to confirm the loan amount etc.

The issue is NOT about the figure but that the amount (no matter what it is) is a loan and not a taxable income, hence we should at least eliminate the above statement.

[convict]

We should NOT include the statement in the appeal "I do not agree the figure issued.".

HMRC may concentrate on this statement and ask us to confirm the loan amount etc.

The issue is NOT about the figure but that the amount (no matter what it is) is a loan and not a taxable income, hence we should at least eliminate the above statement.

Well you don't agree to the figure do you? If it's not correct, you don't agree. What you think the figure should be (the amount you already paid that year) is a completely different question.

BTW, the above has been provided for free as professional advice. What professional Judgement are you basing your assertion on?

[Michael J Perry FCA]

That appeal letter

It was impossible to guage how much would be written about a simple appeal application.

I have provided over 30 templates to contractors and it would have been less time consuming just to post the suggested reply to HMRC on the forum. However, there was an issue about non-disclosure and professional liability.

I have taken legal advice on this matter and now produce my SUGGESTED reply to HMRC on the understanding that it may not suit all cases and that I accept no financial or professional responsibility for reliance placed on it.

I WILL NOT ENTER INTO ANY DISCUSSION ABOUT THE SUGGESTED LETTER ON THE FORUM.

Assessments are still being issued by HMRC and the latest one I have seen was dated 20 February.

Here is the text of the reply:

YOUR ADDRESS

Date:
Your ref:
NI number:

HM Revenue & Customs
Local Compliance
Personal & CGT Compliance
Chailey House
Cardington Road
Bedford MK42 0YS

For the attention of Miss L J Stopp

Dear Madam,

YOUR NAME

I acknowledge receipt of your letter dated xx February 2013, a notice of assessment and tax calculation for 2008/09.

Please take this letter as my formal notice of appeal against the assessment.

I apply to postpone the further tax charged of £xxxxx on the ground that no additional taxable income has been agreed.

Kindly acknowledge receipt.

Yours faithfully,



………………………………….
(Signature)

[convict]

Thank you Michael. It's short and sweet and does the job. I'm of the opinion that less is more if you know what I mean.