User Profile

[Fred Bloggs]

Since it's going to be a pretty hopeless SIPP with less than £85k in it, I think it's almost irrelevant in the great scheme of things. Use one of the big mainstream retail platforms, your SIPP investments are held in a segregated trustee account. So all things being equal people at the retail platform...

[Fred Bloggs]

Very pleased to have seen Quick File suggested here. I spent a couple of hours migrating my side hustle Ltd company from a spreadsheet on to it yesterday. It looks excellent and I am absolutely certain now that I can complete HMRC and companies house annual reporting requirements using just HMRC's on...

[Fred Bloggs]

Yes, I see your point. If it's an SC or higher role then it is indeed instant dismissal and possible investigation. It's often the case of what's not said being far more important than what has been said. Any case, even a non SC role in most companies would have the same outcome. There's little to no...

[Fred Bloggs]

You can see a mile off where this is heading. Client has done their homework and they do not want the risk of a future IR35 investigation going against them. This person, for better or worse, is now a known source of discontent. If I were the manager at the client company this person would be given...

[Fred Bloggs]

Quite correct about FX charges. Myself, the approach I take is the simplest. Just not buying anything unless it's priced in GBP. Given the thousands of options I have within that, I really don't have a problem. Mustn't lose sight of the fact we are considering low cost retail investment platforms here....

[Fred Bloggs]

Thanks, it's long overdue and no use for me any more, but very welcome to see all the same....

[Fred Bloggs]

The only difference I can think of perhaps is the authority's ability to know about crypto currency holdings?...

[Fred Bloggs]

It would be a mistake to judge anyone in that industry by the same standards of morality the rest of society (generally) adheres to....

[Fred Bloggs]

This blog post from a year ago by ETC Tax seems relevant - https://www.etctax.co.uk/blog-news/l...tractor-loans/...

[Fred Bloggs]

Or the VPN points to Malta? (Is that too cynical to think?)...

[Fred Bloggs]

That's an idea I really like....

[Fred Bloggs]

As already pointed out by others, somewhere along the line you agreed that your income would be paid to a 3rd party rather than directly to yourself. Then (most of it) was loaned back to you. If you hadn't agreed to that, you would not be here now saying this....

[Fred Bloggs]

In England, perhaps. But your loan is very likely off shore, so not covered by any English or UK law....

[Fred Bloggs]

Good question.........

[Fred Bloggs]

Myself, I don't think there's really much doubt that the schemes have in the main landed users with a liability that is BOTH earnings and a loan. I know everything to do with this saga is very unclear but that point, I believe, is beyond reasonable doubt. The money was paid in return for work and that...

[Fred Bloggs]

Exactly. Hector couldn't care less....

[Fred Bloggs]

I'd just care to observe that the sole director isn't going to starve, by the looks of it....

[Fred Bloggs]

Thanks. Their website (Elite Synergy) is kind of "interesting". (The companies house page too.)...

[Fred Bloggs]

That thought makes me happy....

[Fred Bloggs]

Too late for 20-21. Next week is a 4 day Bank Holiday weekend. Send the subscription to HL then transfer the SIPP.