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Recent content by Rogets

  1. R

    Settlement and loan write off

    Thanks - If I pay tax on the loans now. And in a few years' time, I pay the loans back. Will HMRC refund the tax paid now? The fact that the loans are paid back would prove that they are indeed "legit" loans.
  2. R

    Settlement and loan write off

    Thank you for this. my umbrella payments (loans) amount to around 50k. If, I settle with HMRC and pay the tax will the loan repayment due to the umbrella become null and void? or is there still a chance that the Umbrella will demand repayment in a few years? I read the contract, and it...
  3. R

    "Not a third party loan" - Integra Management / Target Umbrella

    Thank you for this advice. I will definitely contact them. Reading this forum, I believe the amount I owe is relatively small. However, it's a huge amount to me. I am hoping WTT can somehow lessen the sum owed and negotiate a longer period for repayment. Thanks again.
  4. R

    "Not a third party loan" - Integra Management / Target Umbrella

    HMRC contacted me stating that I had been involved in DR. They asked me to disclose payments received. I contacted the umbrella, who told me the loans were not in scope of the Loan Charge, because they were NOT third party loans. That they were paid directly to me by my Employer and that HMRC...

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