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Recent content by Joolsey86

  1. J

    Help with dividends (VERY WORRIED)

    Hi Tavy. Get out of this immediately.
  2. J

    Loan Charge review - round #2

    Thanks a lot Chloe. Appreciate you sharing. This whole process is consuming, soul destroying and infuriating in equal measure.
  3. J

    Loan Charge review - round #2

    Hi Brillo. Huge reductions of the amount they owe? or do you mean TTP time increases? Thanks for sharing your info...
  4. J

    Loan charge review - report and outcome

    @Robin Large HMRC / Treasury have clearly stated that using a mechanism to avoid their horrible Loan Charge will not work and you will still have to declare.
  5. J

    Loan charge - review outcomes - impact on settlement

    @NoWayOut No, that is more about retrospective legislation. There are 2 JRs. 1) LCAG - Which wants to remove retrospective element of Charge, so it is from Royal Ascent 2016 2) WTT - Which wants to force HMRC to go after employers first as per rangers decision in Supreme Court SO basically...
  6. J

    Loan charge - review outcomes - impact on settlement

    As a coincidence 2011 happens to be 6 years from 2017 when act was introduced which would cover the 6 years they would be allowed to go back.
  7. J

    Loan Charge : my story

    Time limit (years) 4 Incomplete disclosure Not due to careless or deliberate conduct 6 A loss of tax Due to careless conduct 20 A loss of tax Due to a deliberate action, or A failure to notify liability, or Attributable to a notifiable tax avoidance scheme (DOTAS), a hallmarked...
  8. J

    Any settlement figures yet?

    I don't blame you Cowboy. Good luck :)
  9. J

    Any settlement figures yet?

    @Cowboy, there are statements recently that from 2009 HMRC started communicating their displeasure. Surely they cannot tax any further beyond that with the Loan Charge. I think in reality, it is more like 2011 before any real announcements about DR came out of HMRC in the form of official comms.
  10. J

    Any settlement figures yet?

    CowBoy - I would chat to Graham or Phil at least. There is a real chance that CLOSED (Unprotected) may be removed from the Loan Charge 2019. This could potentially save you a fortune.
  11. J

    Loan charge - review outcomes - impact on settlement

    Gulp. Hopefully my accountants *(Horizon)* did that :)
  12. J

    Loan charge - review outcomes - impact on settlement

    The one thing that is worrying me is the recent, HoL and McCann stating possibly remove LC for those that declared Dotas. But my EBT was pre-DOTAs implementation and so even though it ended in 2006, I would be caught due to bad timing. Fingers crossed whatever the review outcome states, it is...
  13. J

    Loan Charge in PMQ's today.

    About Section 58 | No To Retrospective Taxation Yes I remember reading this at the time thinking there but for the grace of god go I.
  14. J

    Loan Charge in PMQ's today.

    About Section 58 | No To Retrospective Taxation Yes I remember reading this at the time thinking there but for the grace of god go I.
  15. J

    Treasury Sub-Comittee - Meeting

    There was a meeting yesterday between CIOT (Ray McGann) and the Treasury Sub-Committee https://www.parliamentlive.tv/Event/Index/c7dc91e1-937e-4daf-93d6-e009523e7587 The full TV thingy is here and is interesting.

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