HMRC Enquiry letters on Loans from EBT and other schemes

[James Anthony]

Contacted by HMRC

I'm in pretty much the same position as Penguin having used Sanzar Partnerhip/Solutions for the entire 2008/09 tax year. I then jumped ship back to a Ltd Company. I received the letter last week and also contacted Garraway. They advised that they are a completely separate Company and have little knowledge of the Sanzar scheme. They also referred me to the Contractor Helpdesk. I contacted them and was advised to authorise Cobham Murphy to act on my behalf. Again I was told there would be no cost for this.

I have followed this advice so far. I am now resident overseas so certainly want someone closer to things to help me out where possible. Cobham Murphy will be notifying HMRC of my intention to appeal this week and we'll go from there I guess....

Hi Lumineer, just wondering how HMRC contacted you overseas? Did you provide your overseas address on a P85 form before you left or did they use some other clever way of finding you? Ive used a similar scheme in the past and am also moving back to my homeland this year so Im keen to know how they might find me after I leave. Thanks!

[lumineer]

Hi Lumineer, just wondering how HMRC contacted you overseas? Did you provide your overseas address on a P85 form before you left or did they use some other clever way of finding you? Ive used a similar scheme in the past and am also moving back to my homeland this year so Im keen to know how they might find me after I leave. Thanks!

Hi James,

I completed a ton of forms before I left the UK, so I guess the P85 was one of those. I don't think it was any cleverer than that.

lumineer

[meanttobeworking]

HMRC Enquiry letters on Loans from EBT and other schemes

Firstly, genuine condolences to those of you for whom this will have a potentially life changing impact. I am in the "fortunate" position of only being in a scheme for a few months, in the 09/10 tax year, with a total loan amount of approximately £30,000, so I believe my exposure is limited to a manageable figure. However I am about to take on a new mortgage and will need every spare penny for stamp duty etc. Would any of you more informed than I give me a confirmation that I am likely to be affected by the impending demands for payment (I received and responded to an opening of enquiry letter and request for details of loan amounts letter in December 2012), and help me with a rough calculation on how much is owed? Is it just income tax on 30,000 plus interest, or are there likely to be penalties too?

Edit: posted this in the wrong thread, sorry, reposting it elsewhere.

[Michael J Perry FCA]

ADVICE

Firstly, genuine condolences to those of you for whom this will have a potentially life changing impact. I am in the "fortunate" position of only being in a scheme for a few months, in the 09/10 tax year, with a total loan amount of approximately £30,000, so I believe my exposure is limited to a manageable figure. However I am about to take on a new mortgage and will need every spare penny for stamp duty etc. Would any of you more informed than I give me a confirmation that I am likely to be affected by the impending demands for payment (I received and responded to an opening of enquiry letter and request for details of loan amounts letter in December 2012), and help me with a rough calculation on how much is owed? Is it just income tax on 30,000 plus interest, or are there likely to be penalties too?

Edit: posted this in the wrong thread, sorry, reposting it elsewhere.

I will be happy to provide free advice in a telephone call if you want to contact me and there is action you can take now to protect your position and minimise your exposure.

[Juninho]

Hi - I would be interested in this - how do we get your contact details?

apologies i have tried a search etc.

I will be happy to provide free advice in a telephone call if you want to contact me and there is action you can take now to protect your position and minimise your exposure.

<admin note>I have upgraded your account so that you can PM Michael.</admin note>

[Upstream]

I too am interested in contacting Michael.

<admin note>Account upgraded so you can now use the PM system.</admin note>

[nettster]

PM Access

Hi Mod,

Can I please have the PM access as well to contact Michael and Turnover?

Thank you!

[AngryMan]

Hi Mod,

Can I please have the PM access as well to contact Michael and Turnover?

Thank you!

Hi there, any chance I could get the same please?

[cojak]

Hi there, any chance I could get the same please?

You have it now AM.

[James Anthony]

Hi James,

I completed a ton of forms before I left the UK, so I guess the P85 was one of those. I don't think it was any cleverer than that.

lumineer

And why not just ignore them now that youre out of country? Is something youre considering or have taken advice on?