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Recent content by Jumper

  1. J

    West 28th Street Limited

    I was with Winchester too
  2. J

    Settlement Letters Arriving soon ?

    Hmm, I can’t see a reason as to why they would contact Garraway unless they were effectively the employer in the scheme. I’m not familiar with the Garraway scheme, were they the employer? As per the new settlement terms, HMRC are first attempting to settle with the employers, if that fails then...
  3. J

    Settlement Letters Arriving soon ?

    Requested a settlement offer months ago. Still nothing.
  4. J

    Settlement Letters Arriving soon ?

    Thanks, I have contemplated contacting my local MP, they are a member of the APPG. Will wait and see what the next settlement offer looks like and whether it’s fair and reasonable.
  5. J

    Settlement Letters Arriving soon ?

    I’m not expecting to have to appeal or go to tribunal at all for penalties. Under the new settlement terms, all penalties are to be removed unless it relates to deliberate concealment or fraud. They’ve already arrived at the conclusion that I should be penalised for inaccuracies/carelessness...
  6. J

    Settlement Letters Arriving soon ?

    Can’t remember or find exactly when I made the amend but I did receive 2 penalties, one of the standard £100 and the other was another 6 months penalty. The penalty was a bit of a sham, I just received a notice of the penalty. HMRC didn’t follow process, didn’t request evidence or ask for a...
  7. J

    Settlement Letters Arriving soon ?

    I was slammed with pretty much everything in addition to interest. I received late submission penalties for retrospectively amending my 18/19 previously submitted tax return following advice to include my loans to pay the loan charge as I chose not to use the 2017 settlement route at that time...
  8. J

    Settlement Letters Arriving soon ?

    Yeah. Scheme involved a PSC. I suppose only time will tell. They may argue the loan charge wasn’t a payment on account but I don’t think my liability under the new settlement terms differ too much from the loan charge now they’re adding promoter fees back in which is a complete joke. My...
  9. J

    Settlement Letters Arriving soon ?

    I seem to recall I raised a few appeals against when my liability for calculated and penalties were applied. I also raised an appeal against Employers NICs being charged on my PSC. I subsequently declined to sign any settlement agreement and decided to wait for the outcome of the McCann review.
  10. J

    Settlement Letters Arriving soon ?

    Whilst HMRC might not prioritise me because they’ve essentially collected most/all of the tax, I still need to formally settle my tax affairs. I’m still required to settle the open enquiries I have which HMRC are also obliged to do. As for the refund, I don’t consider myself as falling into the...
  11. J

    Settlement Letters Arriving soon ?

    Paying the loan charge doesn’t constitute as settlement. I paid the loan charge back in 2020 and was still required to settle my affairs as they need to close out each of the years. HMRC have previously recalculated my liability for the years I’ve used the scheme and they did send me a final...
  12. J

    Settlement Letters Arriving soon ?

    Closure isn’t in sight for me either unfortunately, despite the lack of trying for a long time! What type of scheme did you use Armando? I used one of the more complex schemes which included the use of my Limited company as a personal services company so I can only suspect I will be towards the...
  13. J

    Settlement Letters Arriving soon ?

    I assume your settlement figure included penalty interest? The calculation methodology this time around should be much more appealing than previous given the removal of interest and annual reductions of up to £5,000-£10,000.
  14. J

    Settlement Letters Arriving soon ?

    Anyone had a settlement offer yet? From what I’ve read elsewhere, the offers aren’t much different from the original settlement terms pre Loan Charge. Is anyone more clued up on this as I believe they’re adding back in promoters fees which is offsetting any benefit in discounts
  15. J

    Loan Scheme - Trusts recalling loans?

    Hi CDJ, I would refer you to the West 28th thread where a significant volume of contractors have been contacted about repayment of loans. Tread carefully, there has been various defence strategies discussed dependable on your circumstances. all the best.
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  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
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