Edge EBT thread

[Kent1515]

HMRC said my position was closed but 3 years on they have re-opened it.

hi - my first post here, I'll try to be brief.

I was in the Edge EBT scheme for 18 months during the tax years 2007/08 - 2008/09. In 2015 HMRC contacted me and offered me the Contractor Settlement Opportunity which I took (I realise now I perhaps should have fought/appealed but I was in a very low place at the time and wanted them off my back so I could move on with my life). They said I owed circa 9.5k in tax for tax year 2008/09 and asked me to provide any other information.

I paid the 9.5k and gave them full details of the two tax years that I was in the scheme. They wrote back thanking me for payment and said the following 'I note that you included details of loans received for the 2007-08 tax year, HMRC did not protect it's position within the required time limits and therefore no further action will be taken with this year'.

In June 2018 they wrote to me again asking the same question about the EBT in 2007/08. I replied with a copy of their own letter stating the above and drawing their attention to it, hoping that would be the end of the matter. However, just over a year later they have now written to me, not mentioning their previous stance/letter and giving me a month to agree to pay.

Is their letter of 2015 in which they say the matter is closed not worth anything in my defence?

[demby]

I would leave settling to the latest possible moment

A good result in the House of Commons last night which means this nightmare is at least now going to get a proper review.

Judicial review is being instigated by LCAG may also stop it

Someone has stated that even if HMRC win the Judicial review it will result in a 5 year delay.

Plenty of time to sort yourself out and prepare for bankruptcy.

Hang fire - don't settle just yet.

Pretend you are going to though, just to keep the bastards busy

[webberg]

Happy New Year.

Hopefully this can be a year where we all put this carry on behind us.

I am in the process of settling with HMRC and need to get the Loans written off.

There are indications in previous pages that some internet searches can find them but I’ve had no luck (Edge/Norla/Green Bay?)

Does anybody know where the Trustees of the Norla/Edge scheme can be contacted?

Yes.

[ScottW]

Happy New Year.

Hopefully this can be a year where we all put this carry on behind us.

I am in the process of settling with HMRC and need to get the Loans written off.

There are indications in previous pages that some internet searches can find them but I’ve had no luck (Edge/Norla/Green Bay?)

Does anybody know where the Trustees of the Norla/Edge scheme can be contacted?

[Bunnyfuture]

Endofdays - could you pls send a link to twitter post? I’m in a similar boat and am worried if the ATO get involved it will be game over.

Just look on the guys twitter feed you’ll see it
It’s a conversion of a doc so it does look bodged b
It said to be authentic.

[downunder]

I fear this is not true just seen a twitter post by Matt Hall that includes an copy of a letter sent by the Ato stating a foreign revenue aim had been registered

I fear many people in many juristrictions who have NO idea that this happening may be on the receiving end of such letters (and past the deadline)

Endofdays - could you pls send a link to twitter post? I’m in a similar boat and am worried if the ATO get involved it will be game over.

[webberg]

As indicated, such a post, even if made, would be taken down by the mods.

That is a practical and sensible protection for all concerned.

If your deductive skills are insufficient, then you will need to ask firms or people outside the forum for help.

We have that information. I suspect Phil at DSW does. It may be that others who have used Edge have it.

[cojak]

No, he can’t he isn’t allowed to.

[User999]

Wish it was that easy. I've been looking for ages.

Me too. Can you please just name them here.

[Endofdays]

Personally I would be reaching out to WTT/DSW(Graham/Phil) rather than my generic UK accountant. If not, raising a Subject Access Request with HMRC for the year in question(08/09?).

As the poster seems to be in Oz I think HMRC would have real trouble enforcing debts that far back - I am sure there have been some CUK threads on this? Of course, having UK property would enable HMRC to get round this.

I fear this is not true just seen a twitter post by Matt Hall that includes an copy of a letter sent by the Ato stating a foreign revenue aim had been registered

I fear many people in many juristrictions who have NO idea that this happening may be on the receiving end of such letters (and past the deadline)