HMRC Enquiry letters on Loans from EBT and other schemes

[convict]

My response states the figure is an estimate based on the PAYE figure they have. With a multiple of 7.

It does say they will recalculate if proof of figures received are available , which I don't have!

wtf? Have HMRC now decided to stick any old tulip down on paper and get it out the door?

[ads1980]

I received a letter today dated 8th March from HMRC Debt Management & Banking stating that I owe £xxxx and that I am being charged interest daily.

looking at the back of the letter it states that this is due for the tax year ending 05-04-2009 (which is the year that I have an appeal in against). My appeal was sent at the start of Feb and I have not received any acknowledgment back from HMRC. I have just about had enough of this so I called them up and asked what is going on. I was told that they can see on the system that the amount is suspended pending appeal so I questioned why they had sent this letter out and also why I had not received anything back from them. I was told that I would need to phone the Self assessement helpline to ask them. My reply was...." As long as you can see it on your system that it has been suspended, I am not wasting any more money phoning your (un)help lines when I dont owe this in the first place. None of your departments know what the other one is up to and this whole thing is a load of nonsense"

So, if you have received one of these letters also it looks like there is a big backlog as usual or more scaremongering tactics.

[Chods]

I think DonkeyRhubarb rightly pointed out that this would happen earlier in the thread. I think disjointed was the term he used.

[Mickeynz]

Who are the specialists people are talking to

Thats an amazing contrast to the 4 specialists i have spoken to who claim HMRC dont currently have the legislation they need to reclaim tax they think they have lost.

Dont pay them the £50 yet whatever you do

Everyone's mentioning they are speaking to specialists but who, in what - accountancy or tax law , which scheme? Are they helpful or not?

Would it be beneficial if people write in their posts what scheme they were through, which specialist and type they have contacted and what their responses have been so we can build up a profile of these things so people can get a better idea of who to go to for advice for their scheme and a larger group force if required.

[LordF]

Re: Who are the specialists people are talking to

Everyone's mentioning they are speaking to specialists but who, in what - accountancy or tax law , which scheme? Are they helpful or not?

Would it be beneficial if people write in their posts what scheme they were through, which specialist and type they have contacted and what their responses have been so we can build up a profile of these things so people can get a better idea of who to go to for advice for their scheme and a larger group force if required.

Hmmm, this may also be useful info for the HMRC folk nosing around here!

[bluecrescent]

Lets join effort

I have received notice of assement for 08/09, sent Mark Boardman an email, waiting for his reply, we can talk to Mark collectively and share the cost, PM me.

Hi
I would like to pool resources as its very odd how HMRC found out exact details of my loans...
Did TRM disclose this and then decide to charge us to defend?

[Chods]

Everyone's mentioning they are speaking to specialists but who, in what - accountancy or tax law , which scheme? Are they helpful or not?

Would it be beneficial if people write in their posts what scheme they were through, which specialist and type they have contacted and what their responses have been so we can build up a profile of these things so people can get a better idea of who to go to for advice for their scheme and a larger group force if required.

I'd recomend doing so privately with other users of your particular scheme. Certainly the scheme I am with have done so. They must already have a private forum or mailgroup.

[Old Kent Road]

Are PM rights safe?

I'd recomend doing so privately with other users of your particular scheme. Certainly the scheme I am with have done so. They must already have a private forum or mailgroup.

Don't forget, as well as snooping, there is nothing to stop HMRC registering on CUK, masquerading as a scheme user, and getting PM rights, with a view to gaining early insight into scheme workings and what the users are saying, e.g. to uncover info that might warrant investigating a particular scheme where they might not have previously bothered. Yes it would be unethical, but then I certainly wouldn't put it past them. Retro tax / BN66 being a prime example of their deviousness. Call me paranoid if you want!

[varunksingh]

Hi
I would like to pool resources as its very odd how HMRC found out exact details of my loans...
Did TRM disclose this and then decide to charge us to defend?

If HMRC writes to TRM or any other provider then they would be legally required to give all the details. I don't think it is good to go against the providers. I do not know what TRM are doing but if they are helping it is much better to work with them and get the appeals in on time

[Michael J Perry FCA]

Round and round we go!

I completely understand how worrying, stressful and uncertain these situations can be.

Really the only way to get your questions answered is to consult someone who knows what they are doing. All this conjecture is just worrying for everybody. It is a mix of absolute accuracy followed by complete fantasy and mis-information. I suggest you come to my seminar where all your questions will be answered. Advice is free for the seminar and I am happy to help those that cannot afford to appoint a professional adviser or want to be represented by their scheme provider but would like a second opinion or those who just want to wait or do it themselves or do nothing at all! I am also not adverse to clients appointing my firm to act on their behalf!