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Recent content by evildrome
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Anyone NOT settling?
Two open years, 2005/2006, 2006/2007. Got an APN. Paid it. I'm not going to die if this goes south but how will HMRC justify requesting payment? They didn't invent the LC because they were sure they had a clear run. In fact, quite the opposite. And then there's Rangers where they fought...- evildrome
- Thread
- Replies: 14
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
I haven't had a Sett Opportunity figure but my APN does not contain any interest. Maybe an amount for interest explains the discrepancy between the two amounts.- evildrome
- Post #1,508
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
Surely that has to be decided on a case by case basis. An HMRC inspector can have an 'opinion' but it may not be valid. If its just accepted that if HMRC say they have a new opinion & the validity of that opinion is never tested then its a get out of jail free card anytime they want to open an...- evildrome
- Post #1,431
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
Deliberate ? Deliberate ? HMRC have 12 months to open an inquiry unless: 1) New information comes to light 2) There is careless action by the tax payer 3) There is deliberate action by the tax payer So, we're all agreed that if we submitted a tax return with a scheme number then there is...- evildrome
- Post #1,419
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
PAYE ? PAYE ? I found this on Ross Martin Tax Consultancy... "Aberdeen Asset Management PLC v HMRC is one of a string of cases where an employer company paid funds for employee bonuses to its Employee Benefit Trust which injected funds into a series of what the court describes as “money box”...- evildrome
- Post #1,415
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
HMRC will interpret the rules in whatever way suits them until they are forced to stand in front of a judge and justify their position. Until then we are pwnd.- evildrome
- Post #1,393
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
The point is to put the frighteners on so you'll settle. Which may turn out to be a mistake. If you received an APN and decided to settle now and it later transpires that the scheme is good, you could reasonably appeal the settlement on the grounds that you settled under duress. Just one...- evildrome
- Post #1,387
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
I have no objection to going to an FTT. What I object to is being asked to pay in advance on a premise that is founded on very slippery ground. I think HMRC have scooped up everyone on a DOTAS scheme regardless of circumstance and are shaking the tree to see what falls out. Its just...- evildrome
- Post #1,372
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
That would be my feeling as well. Its a question of how to put that to HMRC without them employing the "Yah boo sucks, its our ball" legal argument of which they are so fond.- evildrome
- Post #1,369
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
Time limit? Time limit? Well, yes. It would. I was under the impression that all APN's for DOTAS schemes were immune from all 'lateness' queries due to HMRC deciding that they were immune in a 'yah boo sucks, because we say so' stylee. Would you care to elaborate on what constitutes 'issued...- evildrome
- Post #1,359
- Forum: HMRC Scheme Enquiries
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Just found out about RTI
Thanks all for the prompt info. Plenty to think about... Cheers!- evildrome
- Post #6
- Forum: Accounting / Legal
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Just found out about RTI
Hi All, I've been away from contracting for about 6 years. A bit of a wilderness period where I never made enough to pay tax. Now that I'm back & earning (since August 2013) I have discovered that I should have been making RTI notifications for any salary I have paid myself. I have an...- evildrome
- Thread
- Replies: 8
- Forum: Accounting / Legal
