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I have had letters originally telling me that no IHT was due on the scheme then subsequent letters over the years telling me there is and then assorted letters and offers detailing numbers that vary by 15k.
I’ve trawled through years worth of posts on here for days and countless google searches...
Any additional news come to light in this subject?
I ask as the dreaded HMRC settlement paperwork has just dropped and don't know whether to tick Yes/No to paying the claimed Inheritance Tax.
'So basically you're pissed off that you can't borrow a ton of cash that you don't actually need because you want to make money off it'
... errrr.....yes.
Yes - that's it;
'without early repayment fees' is correct - you don't pay this if you repay within a year, but you do get hit with having to pay interest.
So the Govt spin that this is interest free seems like piss to me.
The chance to make a quick buck looks like it's been knocked on the heid.
Are you sure it can be repaid early with no penalties?
I went through the HSBC process and it clearly said that I would be liable for interest if repaid within first 12 months.
As far as I can see if you repay it early you pay interest, if you go beyond a year.... you pay interest.
So at no...
Mulling in over....
Mulling in over....
Thanks for everybody's input.
Interesting to read everybody’s takes on it.
Still waiting for Clients approach.
....... but having read comments here, unless Client comes up with something which guarantees last 2.5 years cannot be got at by the vile...
I'm sure others here will tell us it's not as easy as that.
I wait to see what my Client comes up with...... maybe they have a cunning plan (hopefully not a Baldrick type one)
One huge ball ache, that's what this is, one huge ball ache
Time Up?
Time Up?
In a good contract, decent rate, good company, good location……… but really fed up with this whole IR35 carry on.
Awaiting decision next week by end Client as to their proposed way forward on this.
Myself and others have been told, ‘your contracts are safe’. No idea what...
Happy New Year.
Hopefully this can be a year where we all put this carry on behind us.
I am in the process of settling with HMRC and need to get the Loans written off.
There are indications in previous pages that some internet searches can find them but I’ve had no luck (Edge/Norla/Green...
Happy New Year.
Hopefully this can be a year where we all put this carry on behind us.
I am in the process of settling with HMRC and need to get the Loans written off.
Does anybody know where the Trustees of the ‘Knox House Trustees Limited - AML PCC Partners Benefit Trust’ can be contacted?
Stupid question;
In process of talking to HMRC.
They want to see bank statements of Loan amounts.
I will redact other information on statements.
Should I redact the Account number and Sort Code details as well?
I was under the impression that the 'Rangers Decision' did NOT allow HMRC to transfer the 'debt' to the individual Employee but that it was still the responsibility of the Employer to pay any Income Tax and NI.
And as the Club is dead and liquidated HMRC weren't getting anything (apart possibly...