-
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Recent content by AnotherContractor
-
A
Loan charge review - Government response is here
True, let's wait and see what contorted logic HMRC come up with to justify LC2, but it would have to be pretty incredible even by their own standards...- AnotherContractor
- Post #68
- Forum: HMRC Scheme Enquiries
-
A
Loan charge review - Government response is here
Yep, exempt from the loan charge but not from any future legislation: 2.12 While loans made before 9 December 2010 are removed from the scope of the Loan Charge, the underlying tax liability for loans made prior to this date remains. HMRC will continue to pursue those liabilities through...- AnotherContractor
- Post #58
- Forum: HMRC Scheme Enquiries
-
A
2019 charge - reporting
According to this scheme users will have to inform HMRC about outstanding loan balances.. https://www.cchdaily.co.uk/loan-charge-introduced-tackle-disguised-remuneration- AnotherContractor
- Post #6
- Forum: HMRC Scheme Enquiries
-
A
Closing opened years - is this possible?
My understanding is the 2019 Loan Charge will *not* recognize any closed years starting from 1999...- AnotherContractor
- Post #3
- Forum: HMRC Scheme Enquiries
-
A
2019 Loan Charge discuss thread
Since the 2019 Loan Charge seems to be a done deal, is it better to contact the HMRC now and cough up the "voluntary" payment now or wait to be whacked with presumably, penalties concocted by the HMRC once it becomes law ?- AnotherContractor
- Post #3
- Forum: HMRC Scheme Enquiries
-
A
BIG GROUP
From this discussion, it's still not clear whether the Loan Charge is applicable to the closed years agreed under the CLSO..- AnotherContractor
- Post #988
- Forum: HMRC Scheme Enquiries
-
A
Settling is more expensive that paying the 2019 loan charge
Interesting...so are the HMRC intending to target those who haven't settled by opening retrospective queries with the 2019 loan charge?- AnotherContractor
- Post #93
- Forum: HMRC Scheme Enquiries
-
A
Settling is more expensive that paying the 2019 loan charge
Closed Years covered by CLSO Closed Years covered by CLSO hello, On reading: https://www.gov.uk/government/consultations/tackling-disguised-remuneration-technical-consultation It not's clear how HMRC intend to tackle closed years which agreed as part of CLSO. Will they come back and unpick...- AnotherContractor
- Post #90
- Forum: HMRC Scheme Enquiries
-
A
Settlement Opportunity
What were the erroneous years ? Thanks- AnotherContractor
- Post #565
- Forum: HMRC Scheme Enquiries
-
A
Settlement Opportunity
Yes, my response would be I'm accepting their offer since is that i'm unable to challenge their estimate- AnotherContractor
- Post #556
- Forum: HMRC Scheme Enquiries
-
A
Settlement Opportunity
Settlement Conundurm Settlement Conundurm In the "Without Prejudice" settlement statement the HMRC have underestimated the loans I've actually received. If I accept their estimate will/can they ask to see proof i.e. bank statements etc ?- AnotherContractor
- Post #546
- Forum: HMRC Scheme Enquiries
-
A
Settlement Opportunity
In the HMRC statement I received it had "Settlement" for one year and "Assessment" for the other, what's the difference between these? Can I appeal both? Thanks- AnotherContractor
- Post #525
- Forum: HMRC Scheme Enquiries
-
A
Settlement Opportunity
Settlement Statment Settlement Statment I asked the HMRC for a settlement statement to which they duly replied after about 3 weeks. But the loan amounts are totally inaccurate, they've been calculated as either 4*salary or 6*salary. I have the loan documentation to challenge the loan amounts...- AnotherContractor
- Post #523
- Forum: HMRC Scheme Enquiries
-
A
HMRC Enquiry letters on Loans from EBT and other schemes
According to the Q&A leaflet, the HMRC can open inquiries in the preceding 6 years to Apr-2011- AnotherContractor
- Post #841
- Forum: HMRC Scheme Enquiries
-
A
Settlement Opportunity
Thanks for the clarification But according to the Q&A leaflet HMRC can still open a new query 6 years previous from 2010/11 ?- AnotherContractor
- Post #31
- Forum: HMRC Scheme Enquiries
