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Recent content by ritwolf
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Churchill Knight & Boox clients being investigated as Managed Service Companies
If I understand correctly, the company's turnover doesn't matter? It's only the amount that the "worker" was paid (salary and dividends). Do you guys interpret the same? If so, why even mention VAT?- ritwolf
- Post #2,868
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Or it could be something else: - Boox is now down, not serving customers - I'm not sure if old customers can access their accounts in the Boox app - If affected clients can't access their accounts, they may not be able to provide the information HMRC is demanding - HMRC can use this as a...- ritwolf
- Post #2,855
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
It doesn't make much sense... why would they send a letter to find out exact numbers if they are busy preparing the test cases? Did you get confirmation that your case is being stood up? Because maybe it's gone through a different route... Has anyone else received a letter asking for these numbers?- ritwolf
- Post #2,847
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Received a letter about the current status of things: instead of 5, there will be 1 single lead case For those who appealed and got the charges stood over, and are still happy to continue with this position, I think there is nothing to do. To me, it looked like it was just a status-update...- ritwolf
- Post #2,801
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Has there been any progress, or any specific dates that we can look forward to? I haven't heard from HMRC this year so far regarding the case...- ritwolf
- Post #2,759
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Sorry, I think I'm missing something... why are you expecting a refund? Did you pay first and then 2 of your years were considered not to be affected by HMRC's claim? Have you chased it with HMRC and they are not even responding to your requests to return the money? Can they even do that and...- ritwolf
- Post #2,740
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Yes, that's part of it. Please read the link shared above for a better understanding- ritwolf
- Post #2,704
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
If I understand the latest info correctly: What you have paid on account so far is the tax that HMRC deems to be liable, plus interest on that amount. On top of that amount, if HMRC wins you'll be fined (up to 70% of the tax liability). By accepting the agreement, you are cooperating so that...- ritwolf
- Post #2,702
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Yes, someone shared a link previously explaining how we almost have no other option. On the other hand, I find it unfairly convenient for HMRC and contradictory that, as directors of our companies, we are the ones who will take the decision to agree/disagree with the Standstill Agreement...- ritwolf
- Post #2,697
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
As this thread seems to be cooling down and losing momentum, I wanted to raise this issue and ask for any suggestions on how to help/guide each other going forward. Understandibly, there is a private forum by Churchill Knight and they don't want their content to be shared here. I'd like to ask...- ritwolf
- Post #2,683
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
£700 + VAT to get access to the portal. Has anyone from here signed up?- ritwolf
- Post #2,669
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Did they accept and register it, or they said it can't be considered while the case is ongoing?- ritwolf
- Post #2,617
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
The companies that have been removed... do you know anything about them? Just trying to find out what makes HMRC consider what companies are still MSCs.- ritwolf
- Post #2,574
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Thanks, this is my understanding at the moment as well, but it's more helpful to see the relevant legislation.- ritwolf
- Post #2,561
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Where thhe article says: I think this is the only wrong bit I see in the article. My understanding (also from previous posts in this thread) is that the PAYE and NIC is levied on income earned by the contractor, not by the business. Unless I'm missing something of course, but I really hope...- ritwolf
- Post #2,558
- Forum: HMRC Scheme Enquiries
