HMRC Enquiry letters on Loans from EBT and other schemes

[Boobetty]

I am shocked to think that the same person that sold me this rubbish, is profitering again by posing as a 'Tax Specialist' to solve problems he played a part in creating.

I think you'll find that a fair few of the professionals out there offering their services to sad contractors are in the same boat.

[malvolio]

Any reason you didn't go LTD but declare inside IR35 ? Even without expenses/dividends I thought you would be slightly better off than an umbrella and you get to keep control of your money, in your business account from invoice.

Except the difficulty is that you will be paid net of tax, which makes company accounting just a little more tricky...

[regron]

Except the difficulty is that you will be paid net of tax, which makes company accounting just a little more tricky...

Ah ok...cheers Malvolio

[Finalwhistle]

Any reason you didn't go LTD but declare inside IR35 ? Even without expenses/dividends I thought you would be slightly better off than an umbrella and you get to keep control of your money, in your business account from invoice.

good point.

I dissolved my limited company when i went "employed" with the loan arrangement so i would have had to start up a new LTD. This isn't such a big admin problem, however I thought if i set up another LTD so shortly after closing the other (and doing the same line of work) i may attract unwanted attention with regard to IR35.
You are right though, i didn't really consider the advantages of LTD inside IR35. But what advantages are there really? i guess things like investing in training, pensions etc are all still a legitimate cost?
would be good to know actually
thanks

[chrisnal]

Same

Will PM you

Please PM me also

[rta]

Hi everyone,

I was with TRM/Redding/Cherrylon for 4 years before leaving the UK for AUS permanently at the end of 09.

I myself have been round the houses and have spoken to most of the advisers on this forum and HMRC directly regarding CLSO and next steps.

Is there anyone else that I can PM directly to gain and share advice / information gleaned to date? I'd like to understand from others in a similar situation what strategy options are being considered.

Please PM me direct if you prefer.

Thanks

Hi MinHeadRoom

I am in a similar situation - moved to Aus a few years ago and just got a letter. Would be keen to see what you have found out...BTW how do I PM on this forum - do I need to get permissions set?

[Bunnyfuture]

down

Hi MinHeadRoom

I am in a similar situation - moved to Aus a few years ago and just got a letter. Would be keen to see what you have found out...BTW how do I PM on this forum - do I need to get permissions set?

Yeah same with me too -

I got letter but it does not state any date by which you need to do anything

[Swizzle]

Kirium Employment Solutions

Hi all,

Does anyone have any information about who the current trustees are of services provided by Kirium Employment Solutions (White Collar Consulting)? I'm trying to get actual figures of amounts involved from 07/08 and 08/09.

[webberg]

Hi all,

Does anyone have any information about who the current trustees are of services provided by Kirium Employment Solutions (White Collar Consulting)? I'm trying to get actual figures of amounts involved from 07/08 and 08/09.

Yes, people do have these details.

No, we are not permitted to share them in the public forum.

15 minutes research on any decent engine and you will find out.

[OzBased]

Any chance you could share the advice with me also? I'm in the same position and very unsure what to expect from HMRC now that I've left the UK... Thanks!

Hi also in Oz and would welcome any information that might help.

Just joined the forum and would like ability to PM please.