Edge EBT thread

[TheDandy]

Where can I find a copy of an appeal letter?

http://forums.contractoruk.com/hmrc-...ml#post1705090

[TheDandy]

Can someone else respond as I'm not involved with Edge or any other ebt/loan schemes.

The appeal letter seems to crop up all the time so it would be worth having it in an easy place to find.

Done! But not the easy find bit.

[ramzanamin]

http://forums.contractoruk.com/hmrc-...ml#post1705090

Thanks - however in my letter i have been requested to outline why i think their decision is wrong, so am assuming they are looking for more than just an appeal letter - has anyone else had this request and if so is there a letter template which meets this requirement?

[DonkeyRhubarb]

Thanks - however in my letter i have been requested to outline why i think their decision is wrong, so am assuming they are looking for more than just an appeal letter - has anyone else had this request and if so is there a letter template which meets this requirement?

Unless someone else has already responded to this request from HMRC, you need to get professional advice pdq.

This is why I strongly urge you all to club together and appoint a professional adviser. On your own you are sitting ducks.

I have no axe to grind but Saleos seems to be making the right noises. The other one I ain't so convinced about.

[ramzanamin]

I have been dealing with HMRC investigations for contractors that were employed by Edge going back to 2004/05. These enquiries commenced as far back as January 2009.

There was a further spate of new enquiries for 2010/11 in November last year but all years of employment are likely to be reviewed by HMRC.

The latest development of 2008/09 assessments (which may not be valid in law) are a sweeping up operation for Edge and many other schemes.

I am dealing with more than 20 cases on Edge and another 70 on other schemes. Many have been ongoing for some years.

Although not widely known there was an EBT Settlement Opportunity and then an update and this should be checked out on the HMRC website. There is also a list of FAQ's and the parts relating to 'employees' are relevant.

Further, a read of HMRC's Litigation and Settlement Strategy will give an indication of why these current actions are being taken.

HMRC do tend to take a predictable path and it remains to be seen what their next move will be after these latest assessments. I suspect it will be a Tax Return Compliance Check notice for each individual concerned.

Michael

I received a letter from HMRC and have been requested to outline why i think their decision is wrong (they sent what looks like a compliance check letter), so am assuming they are looking for more than just an appeal letter here - is there a letter template which meets this requirement? Just want to get a response back in the first instance to meet the 30 day deadline


Thanks

[manlypeeps]

Got my reply from HMRC yesterday

Has anyone heard back from the HMRC yet after the latest appeals?

Got my reply from HMRC yesterday

[SimonJones]

Just wondering, as Hmrc are demanding previous year income taxes, can we contribute our salary into pension for the that year in question. If Hmrc can go back to 2008/2009 to reclaim tax than why can't we contribute fully to the pension for that year! This way at least the liability in converted into pension.

[Ron Swanson]

Loans to Income To Pension

Just wondering, as Hmrc are demanding previous year income taxes, can we contribute our salary into pension for the that year in question. If Hmrc can go back to 2008/2009 to reclaim tax than why can't we contribute fully to the pension for that year! This way at least the liability in converted into pension.

Certainly a potential negotiation stance - one for the specialists and experts as and when negotiations start with HMRC!!!

[malvolio]

Certainly a potential negotiation stance - one for the specialists and experts as and when negotiations start with HMRC!!!

Ever heard of the Ramsay principle? Patently artificial arrangements intended to sidestep taxation will be ignored.


I think some people need lessons in coffee smelling. The way out of this is unlikely to be simple.

[varunksingh]

Thanks - however in my letter i have been requested to outline why i think their decision is wrong, so am assuming they are looking for more than just an appeal letter - has anyone else had this request and if so is there a letter template which meets this requirement?

Be very care ramzanamin. Your response if not professional can go very negatively against all the Edge EBT users and potentially other scheme users as well. Saloes seems on the ball to me. All Edge EBT guys should come together quick. Do you have a deadline by when to respond?

If HMRC will get a weak response they will move forward quickly. Look how they took Boyle to FTT and must have know he did not had good representation. Fragments and non-professional handling on these issues will be bad for all. PM me or write here if you need any help. I am not with Edge but used another scheme