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Recent content by peasant2023
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Things about to get very serious and much more real? / Felicitas Letters
Seems like an absolute legal quagmire in that case...and probably totally unenforcable - do you know if any loan recall has ever been enforced?- peasant2023
- Post #1,190
- Forum: HMRC Scheme Enquiries
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Things about to get very serious and much more real? / Felicitas Letters
Correct me where I am mistaken please: My understanding is that: 1. HMRC have deemed they are loans 2. But loans which will never be repaid 3. The loan must be compensation in lieu of income 1. HMRC have deemed they are loans (and must be - if they're not loans, they're income - still subject...- peasant2023
- Post #1,188
- Forum: HMRC Scheme Enquiries
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Overdrawn Capital Account Scheme (Aston Mae / Glen Mae / Procorre)
NickLeeson2 They're not on the HMRC Tax Avoidance scheme list and if you check the "whatdotheyknow" FOI website using keyword, they've recently bid on state sector projects. Tax Specialists are publicly reporting on LinkedIn that they've reported scheme operators to HMRC repetitively over...- peasant2023
- Post #577
- Forum: HMRC Scheme Enquiries
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Overdrawn Capital Account Scheme (Aston Mae / Glen Mae / Procorre)
frontmen242 Question 1 - The tax you owe is determined based on the monies received into: personal account, pre-paid card and the money drawn down from your corporate account Where applicable (schemes differ) unfortunately everything in scope must be combined as a single sum into the...- peasant2023
- Post #575
- Forum: HMRC Scheme Enquiries
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Overdrawn Capital Account Scheme (Aston Mae / Glen Mae / Procorre)
Please correct me if I am wrong, but while there have been attempts, there has been no successful attempt by a promoter to recall a loan post-settlement, to date? Since a disputed loan cannot be actioned by debt collectors, presumably a promoter has to turn up in a British Courtroom and lay...- peasant2023
- Post #573
- Forum: HMRC Scheme Enquiries
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HMRC amendments to closure notices
Can she help clarify the <unspecified> bit? Doubtful, that probably requires a Tax Advisor and/or MP - but she shines a spotlight on matters relating to this topic, in a confidential manner...which makes it harder for things to happen 'behind closed doors'.- peasant2023
- Post #27
- Forum: HMRC Scheme Enquiries
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HMRC list of dodgy tax avoidance schemes
What might no links imply, where there are multiple confirmed cases over several years? How realistic is it, that there could be multiple confirmed cases relating to multiple different accountants at the same firm - and this is happening without a firm's knowledge over several years? Do...- peasant2023
- Post #15
- Forum: HMRC Scheme Enquiries
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HMRC letter for disguised remuneration from XXX that I never took
Sorry to say but it sounds like you were paid via loans, without your knowledge* Refer to Cojak's post, there is probably something in your contract - Umbrellas didn't begin to hide the loans until 2017 To simplify it further - the contract doesn't really matter. You ultimately will need to...- peasant2023
- Post #11
- Forum: HMRC Scheme Enquiries
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HMRC letter for disguised remuneration from XXX that I never took
What year did this happen?- peasant2023
- Post #7
- Forum: HMRC Scheme Enquiries
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Procorre - letters advising allocation of profits
They added the Loan to your 2018/19 income and taxed that at PAYE rates. The figures are guesstimates and designed to cause panic so you'll take action. You need to appeal within 30 days - Speak to a professional tax advisor You will ultimately need to be able to prove how much you actually...- peasant2023
- Post #51
- Forum: HMRC Scheme Enquiries
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Procorre - letters advising allocation of profits
You need to appeal within 30 days, you said you spoke to WTT, ask them to appeal immediately.- peasant2023
- Post #50
- Forum: HMRC Scheme Enquiries
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HMRC letter for disguised remuneration from XXX that I never took
Probably cannot help much without more specifics. But It sounds as though there was a connection to Procorre in some way and you have been paid via loan without your knowledge It's easy to give bad advice since these schemes are so complex - You should get professional advice - ask for a...- peasant2023
- Post #2
- Forum: HMRC Scheme Enquiries
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Overdrawn Capital Account Scheme (Aston Mae / Glen Mae / Procorre)
Graham Webber posted about this on LinkedIn 6 days ago They just have to claim to have "raised" an assessment before the deadline- peasant2023
- Post #556
- Forum: HMRC Scheme Enquiries
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Please help
First, you're not alone - there are 60,000 open enquiries. Second, contact WTTGroup for a consultation. Third, I would try to stop reading about this until you've had professional guidance.- peasant2023
- Post #6
- Forum: HMRC Scheme Enquiries
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HMRC amendments to closure notices
HMRC employee advises that <Unspecified> Information was received from <unspecified> source about <unspecified> entities using <unspecified> pre-paid cards over an <unspecified> duration. You need professional assistance with this. How else can you reach a resolution? Doesn't sound like you've...- peasant2023
- Post #24
- Forum: HMRC Scheme Enquiries
