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Recent content by tollo
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Settling with HMRC - 10% off loans and salary as an expense
My apologies to all, the premise that expenses are deducted from the loan amounts for the tax calculation is correct, I.e the expenses are not deducted from the settlement figure after the tax has been calculated, but from loan amounts before tax calculation - must have had (another) senior...- tollo
- Post #14
- Forum: HMRC Scheme Enquiries
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Settling with HMRC - 10% off loans and salary as an expense
10% was taken off the settlement figure I.e if amount to pay (settlement) was £20,000 and expenses were £5,000, the revised amount to pay was £19,500- tollo
- Post #13
- Forum: HMRC Scheme Enquiries
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Settling with HMRC - 10% off loans and salary as an expense
I complained to HMRC that their delays and inaction meant that I would miss their imposed deadline last year, complaint was upheld and I could settle on 2017 terms. Subsequent to this I asked about expenses and submitted them as detailed in previous posts. Years involved were 2013 and 2014.- tollo
- Post #9
- Forum: HMRC Scheme Enquiries
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Settling with HMRC - 10% off loans and salary as an expense
I claimed for mileage, working away from home, using the HMRC mileage figures and temporary accommodation costs i.e.weekly rent.- tollo
- Post #7
- Forum: HMRC Scheme Enquiries
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10% taken off loans and salary as an expense when settling
I asked about claiming expenses against a settlement figure and was told to submit a claim. I was allowed 10% of the expenses claimed (without receipts) against the settlement. I was told this was the maximum permissible.- tollo
- Post #15
- Forum: HMRC Scheme Enquiries
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Settling with HMRC - 10% off loans and salary as an expense
I asked if I could claim expenses against a settlement figure and was told to submit them. 10% of the expenses I submitted, without receipts, was allowed against the settlement. I was told this was the maximum permitted.- tollo
- Post #5
- Forum: HMRC Scheme Enquiries
