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HMRC Enquiry letters on Loans from EBT and other schemes
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What happened in the end?
Originally posted by Breeze91 View PostI've also received the same letter for 08/09. I was with Norla/Edge too but have had no luck contacting them. Would be interested to hear of any contact made and will be following this thread with great interest.Comment
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Hello, what was the outcome of this please?
Originally posted by bluerover View PostThe chap I spoke to said appealing is just a matter of writing a letter stating the reasons for the appeal and ensuring you state how much of the additional amount you are appealing against. For me (as I imagine most people) is that it was a loan not a taxable income so I am appealing against the full amount. I have documentation regarding loan agreement and paying it off. I guess it doesn't have to be a long letter.
The more I think about this and re read the letter the more I agree with DonkeyRhubarbs opinion they are just trying it on.Comment
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It's 6.20am in there in the UK. Asking every 10 minutes isn't going to get your question answered more quickly."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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EBT confusion
Hi Guys, new poster.
I was involved as an employee in a Premier EBT scheme back in 2004. The scheme involved 4 directors, 2 that lived in Spain and 2 in the UK (I am one of those). The other UK director has now been contacted by HMRC and they are looking into the EBT with a view of recovering tax and NI. I have not yet been contacted.
Myself and the other UK director still work together at another company now as the employer company went bump. The 2 directors that resided in Spain had the full cash benefit of their trust
If we engage with HMRC what is the likely outcome?
any help or advice would be really appreciated.Last edited by bosleyrog; 1 June 2016, 12:32.Comment
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Originally posted by bosleyrog View PostPremier EBT scheme
Remember as well that HMRC do read these boards. And your post makes it possible for them to identify you.....Comment
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Originally posted by BrilloPad View PostRemember as well that HMRC do read these boards. And your post makes it possible for them to identify you.....
You might want to edit your post.
And going forward, you might want to join a private community such as Big Group, where you can discuss with others caught in similar circumstances away from the prying eyes of our friends.Comment
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Recommendations for advice
Total newbie here. Apols if this has already been covered. With scheme for only 7mths before realising my error and getting out as fast as I can. Looking for expert advice to help me understand options, best strategy and guide me through practicalities. No demands or any unpleasantness yet.
Aware of WTT Consulting. Any opinions? Any others?Comment
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Originally posted by bradfordboy View PostTotal newbie here. Apols if this has already been covered. With scheme for only 7mths before realising my error and getting out as fast as I can. Looking for expert advice to help me understand options, best strategy and guide me through practicalities. No demands or any unpleasantness yet.
Aware of WTT Consulting. Any opinions? Any others?
Best option is one massive group able to negotiate with HMRC to mutual benefit.Comment
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