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Recent content by Sijo

  1. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I believe 5 years is for Dividend tax relief and 4 years is for CT relief.
  2. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I went with WTT for my initial appeal. Their fee was higher, but I thought a detailed appeal would help to change HMRC mind. Well, it didn't work like that and I also got a standard response that my appeal is valid and it stood over. Last week I have asked WTT that, would my initial payment...
  3. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    On the topic of portability. I was with Boox till 2020 and then I moved to a high street accountant. He was able to get all the required data from Boox. And also there was an option to export all the transactions till date from the portal to an excel sheet. So I had exported all the transactions...
  4. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I believe these companies are the ones which are closed already. And HMRC don't bother to reinstate them to pay the bill. It's a good start
  5. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    That seems more like to a loan scheme investigation. It doesn't looks like aMSC investigation
  6. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    It looks like there is an E Infront of my figures in the notice. I was wondering what it was.
  7. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I believe this link is beneficial to read for everyone affected by this legislation. It gives more details on confluences, control, involvement etc. Its a long read though. https://www.gov.uk/hmrc-internal-manuals/employment-status-manual/esm3520
  8. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I think earnings would be the part which we received as salary and any other amount we received from the MSC will be put in Step 1
  9. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I think it would be the amount paid to the worker as dividends and expenses. So for calculating deemed employment, they would add anything paid to the worker (director) via, salary, dividend, and expenses from his MSC. One section also states the fact on paying dividends to your wife (worker's...
  10. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    I believe most similar accountant services have similar portals. I never knew we could interpret getting a tax advice to influence and control. I have used Boox just to make sure that my accounts are correct and I shouldn't get in to any tax issues. And here I am scaring at the hefty...
  11. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    Thanks. My company account year end is Aug. So for 2017-18 tax affairs, I guess I have time till this August. That's bit of a relief.
  12. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    Yes, I do agree with it. I have already communicated to Boox to not appeal on my behalf. I will probably do it myself or with another consultancy
  13. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    With respect to the Corporation Tax, when I look at the MSC legislation (https://www.gov.uk/hmrc-internal-man...manual/esm3555) and CT2009 Law, it does talks about deducting deemed payment for calculating the profit. Below link is for calculating the profit for deemed employment specifically for...
  14. S

    Churchill Knight & Boox clients being investigated as Managed Service Companies

    Another contractor who caught with this move. I have also got the determination for the period I was with Boox. Just wondering what will happen once I file the appeal? Boox agreed to do the appeal on our behalf.
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  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
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