Edge EBT thread

[Oraclesolutions]

Mattatattat
Did the HMRC say what to do next ?

I sent an email saying for them to give me details of dates, amounts etc but all I got was a standard reply saying I needed to provide all the info before sep 30

Same happened to me this week and I am in exactly the same situation - no bank statements, no records, no invoices. Spoke to HMRC as would rather just get it sorted but they don't seem to have any numbers either. Where does this leave us!?

[np999]

Same happened to me this week and I am in exactly the same situation - no bank statements, no records, no invoices. Spoke to HMRC as would rather just get it sorted but they don't seem to have any numbers either. Where does this leave us!?

I used Edge for three months in 2005 and I got the same letter dated 8th August received 10th August. In the same boat as you guys. I have requested at Foi sar as I have no figures. Their normal method the seem to be using is is paye salary x 5 when you can’t provide the info.

The number they gave goes dead after few rings. I have requested callback so let’s see.

[mattatattat]

Me too.

Used Norla over 10 years ago for several months, my first contract and at 24yo got absolutely suckered into what was clearly marked an "HMRC approved/compliant" scheme. Absolutely no way I can work out the exact amount I earned during my time using them. I have replied to them quoting the data protection act and asking them to release all the data and information they have on me concerning my involvement with such a scheme. I pay through my nose in taxes today due to high income on perm basis, I really don't want to pay more than what I'm due to.

Same happened to me this week and I am in exactly the same situation - no bank statements, no records, no invoices. Spoke to HMRC as would rather just get it sorted but they don't seem to have any numbers either. Where does this leave us!?

[anew]

Norla / Edge

Pretty shocked to receive a letter this week from HMRC wrt to a few months of contracting I did in 2007 through Norla. This was the only offshore scheme I used, and it was for such a short period, I'm genuinely surprised that HMRC would be bothered. I guess they're going after everyone they can find.

If anyone has any pointers for how to approach this, I would really appreciate any advice. Please DM me if possible.

[cj90210]

Me too.

Used Norla over 10 years ago for several months, my first contract and at 24yo got absolutely suckered into what was clearly marked an "HMRC approved/compliant" scheme. Absolutely no way I can work out the exact amount I earned during my time using them. I have replied to them quoting the data protection act and asking them to release all the data and information they have on me concerning my involvement with such a scheme. I pay through my nose in taxes today due to high income on perm basis, I really don't want to pay more than what I'm due to.

[Oraclesolutions]

Help re Norla / Green Bay / Edge

Good day
I contracted via Norla consulting many years ago and I got a letter from the HMRC yesterday saying they believe I have used a tax avoidance scheme and therefore liable to the 2019 loan charge . My biggest problem now is that I have got no details whatsoever re my time at Norla. I think it was around 2004 but can’t even remember if it was Green Bay or edge consulting that was involved in the set up. I want to sort this out but don’t know how to proceed as i have no details. Does anybody remember when Norla changed from using Green Bay to Edge ( or vice versa) ?. Please PM me if you can advise

[Somsta]

New to this thread

Hello, did you end up settling with hmrc? Did they demand paye and inheritance tax?

Did you get anywhere with this question - would help a lot of us I think.
Has anyone got a good accountant to do the settlement process for you that that they can recommend please?

[Uknowme79]

I intend to settle with HMRC for the EBT loans from Edge. It's HMRC's understanding that the Edge Trustees will not agree to the loans being written off. I was told to get confirmation in writing from the Trustee that they agree to the loan write off. Does anyone know how to contact the Trustees of Edge EBT?
Many thanks

Hello, did you end up settling with hmrc? Did they demand paye and inheritance tax?

[Uknowme79]

I am in the same situation. I can’t find the PM section. Can someone advice. Thanks

Did you end up finding the person/ entity that owns the loan book?

[demby]

Mark

When I need electrical work doing, I ring an electrician because I don't know how to do it myself.................just saying!!

You will have the contractual stuff you signed when you joined Edge. This should give you the names of the entities you need to follow.

UK company House is here https://beta.companieshouse.gov.uk/
Isle of Man company house is here https://services.gov.im/ded/services...panysearch.iom

Remember that sometimes you may be able to do the job, but for piece of mind, an electrician might be better.

Happy hunting.

Name EDGE CONSULTING SERVICES LIMITED
Number 124949C
Registry Type 1931 Act Company
Company Type Private Ltd by Shares
Registered Office Address DESIGN HOUSE, HILLS MEADOW, DOUGLAS, IM1 5EB, Isle of Man
Date of Incorporation 9 Jul 2010
Dissolved Date or Struck Off Date 11 Dec 2012
Presence of Charges No
Is in Liquidation? No
Receiver(s) Appointed? No
Status Dissolved

Name MAPATUI LIMITED
Number 121505C
Registry Type 1931 Act Company
Company Type Private Ltd by Shares
Registered Office Address 6th Floor, Victory House, Prospect Hill, Douglas, IM1 1EQ, Isle of Man
Date of Incorporation 2 Jan 2008
Dissolved Date or Struck Off Date 25 Mar 2014
Presence of Charges No
Is in Liquidation? No
Receiver(s) Appointed? No
Status Dissolved