HMRC enquiries for Talent Resource Management (TRM) / Cherrylon / Trentburg Schemes

[administrator]

Hi,

I have recently joined the forum. I was with TRM for a few years and in the same boat as most here, so would appreciate some help and advice from the folks who are close to this issue. Many thanks

Done!

[orangefive]

requested access via email.

[administrator]

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[DG705]

Hi All,

Another ex Talent & Cherrylon. Anyone know what is happening regarding this? Had my settlement letter sometime ago

Thanks

Daz

[davieloco]

Hi All,

Another ex Talent & Cherrylon. Anyone know what is happening regarding this? Had my settlement letter sometime ago

Thanks

Daz

Hi Daz,

There is a private group for TRM/Cherryloners, ask convict to join, if you check the first post on this thread there is some info on how to do it

DL

[DG705]

Hi Daz,

There is a private group for TRM/Cherryloners, ask convict to join, if you check the first post on this thread there is some info on how to do it

DL

Thanks Davie, have emailed him

Appreciated

[convict]

Bumping for those who are interested

[webberg]

It has come to my attention that the agent dealing with the TRM/Cherrylon series of schemes has been contacting former members to present a number of choices moving forward.

These include;

- Settling via the CLSO
- Continuing to litigation

The letter also discusses the "do nothing" option.

Bearing in mind that I am a fee earning tax professional with a connection to another initiative here and as such might be considered to be prejudiced, it is my OPINION that the letter I have seen is inaccurate in at least one respect.

If you receive a letter discuss it with a suitable professional adviser BEFORE making any decision.

[shanni10]

Convict

Hi Convict, I just emailed you (IS) regarding my case

[webberg]

Taxtalk (TRM Cherrylon et al) in liquidation

There is a message on the webpage for Taxtalk indicating that they filed for voluntary liquidation on 25th September.

We're aware that they had the rump of a fighting fund supporting them for a long while but that has obviously now been exhausted.

The schemes they were looking after are arguably close to the Boyle/Sandfield situation although Taxtalk spoke with a QC who found a fair number of distinguishing features and I think I'd agree with most of them. Unfortunately the differences may not be enough to take a Court action (depends on your attitude to risk) but I think are enough to make a decent argument.

If you were in any of the schemes being looked after there AND you have not elected to settle, you should get some advice.