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Reporting Loans
Reporting Loans
Sorry Webberg, I did read your response. What I meant is that by not settling (as I hadn't got all the info I needed at the time), I am going to have to pay the LC and from what I gather it's going to work out as nearly double the amount I would have paid...
Reporting Loans
Reporting Loans
Thanks all. I guess everyone's circumstances are different. I think I should have opted to settle but it's too late now. I feel a bit peeved though as being offshore I was only made aware of this a year ago and as most of my documentation didn't move with me...
Thank you Webberg. So I need to disclose all the previous years that I am aware of (this is going to have to be a bit of a guess as I don't have much paperwork for any previous years). May I ask another question please? If say I end up having to pay the LC (based on all the years - closed or...
Confused with what I should have reported
Confused with what I should have reported
Ok, now I am totally confused.
I am seeing a lot of discussion about closed and open years.
I missed the deadline for reporting the LC.
I have 3 open years (apparently) as per a telephone conversion with...
Reporting Loans
Reporting Loans
I am living abroad but rang HMRC to ask what they needed. Got passed around various departments. Spoke to some guy who said they were interested in 3 years 2005-2008. I've missed the reporting deadline as found out about all this way too late. So should I...