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Recent content by Ozbird
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Loans write off and APNs
How can I find that out? The employer was Edge Consulting and they no longer exist. Also, tax in Oz would probably be more tbh because I am earning money from work here. I don't mind not getting my APN back as long as it offsets the amount of tax I would owe. If I had settled I would have paid...- Ozbird
- Post #19
- Forum: HMRC Scheme Enquiries
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Loans write off and APNs
They won't let me settle. They sent me a letter saying that I could settle but by the time it reached me her in Oz the deadline had already passed. I emailed them and they said that I cannot now settle. I don't know what else to do. I am so sick of this hanging over me and the possibility that...- Ozbird
- Post #12
- Forum: HMRC Scheme Enquiries
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Loans write off and APNs
Hi, I have 2 loans pre 2010, 1 year protected and the other not. I didn't settle but I now want to get the loans written off. I know that will give rise to a tax liability on the total amount of the loans but I am thinking that because I am not resident in the UK (last 8 years) and I do not...- Ozbird
- Thread
- Replies: 22
- Forum: HMRC Scheme Enquiries
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Trust help line email help!
I haven't had anything written off yet and I'm still considering options to write off or not. I was asking HMRC questions on different scenarios so I could establish the dates of the tax arising so I could work out which option was best. I have to consider the Oz situation that they may see the...- Ozbird
- Post #299
- Forum: HMRC Scheme Enquiries
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Trust help line email help!
I'm talking about the loan being written off. I asked HMRC that specific question and their reply was that I would still have to pay the loan charge as well as tax on the year in question 05/06 plus interest. I think they are wrong. I know little about tax law but what they have told me this...- Ozbird
- Post #293
- Forum: HMRC Scheme Enquiries
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Trust help line email help!
Hi Webberg, I have written evidence from HMRC stating that if I get the loan paid off before 5th April 2019 and do not settle then I will still have to pay the loan charge as well as the tax and interest due on the original loans. Happy to send this to you but not to publish on an open forum.- Ozbird
- Post #291
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
Well therein lies the problem. The Edge trust was managed by Tenon Limited - Isle of Man. I contacted Tenon and was told that they no longer administer the trust and they would not give me the details of the current trust administrators. Saleos claims to be able to arrange for settlement with...- Ozbird
- Post #1,521
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
Clarification on IHT Clarification on IHT I spoke to the HMRC team that are dealing with the IHT side of the Edge EBT. Here is what I asked them and what they told me Q Does HMRC have a copy of the trust deed for the Edge scheme or have they seen one? A - No Q Does HMRC have any contact...- Ozbird
- Post #1,514
- Forum: HMRC Scheme Enquiries
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Edge EBT thread
My husband used Edge way back when he first started contracting as the client needed a limited company and there was uncertainty about IR35. He got a settlement opportunity letter but didn't say what year. He was only in it for 1 year as we felt uncomfortable having the loans hanging around...- Ozbird
- Post #1,194
- Forum: HMRC Scheme Enquiries
