Reply to: Norla EBT Loan Scheme

[LisaContractorUmbrella]

Well the word is Edge-resourcing (the ones that did the EBTs for Norla) is in fact Norla and are still trading, offering blackmail (sorry, incentives) for the contractors they ripped off in 2010 to come back. That means Norla (sorry Edge) will give most of your money back they stole if you stay with them for 3 months....

Can't see many people going for that - once bitten, twice shy and all that

[OptOut]

Norla/Target/Edge/soon to be Redstone

Well the word is Edge-resourcing (the ones that did the EBTs for Norla) is in fact Norla and are still trading, offering blackmail (sorry, incentives) for the contractors they ripped off in 2010 to come back. That means Norla (sorry Edge) will give most of your money back they stole if you stay with them for 3 months....

[Craic]

Norla

Also use the present / past company name in the search criteria

If the companies went uder I doubt if they would have them in their profile. Certainly there is no Peter Lawrence with Norla in his profile.

[BA to the Stars]

I have up after 10 pages of Peter Lawrence on LinkedIn. It's quite a common name it seems.

Also use the present / past company name in the search criteria

[Craic]

Try searching LinkedIn.

I have up after 10 pages of Peter Lawrence on LinkedIn. It's quite a common name it seems.

[cojak]

Try searching LinkedIn.

[Craic]

Peter Lawrence and Grenville Norton

Does anyone know the said Peter Lawrence or Grenville Norton of Norla and what happened to them if they have gone under?

[Craic]

Norla

I was just reading this old thread and then had a check up on Norla. According to this they still seem to be active and filed accounts in September 2012. Anyone know anything to the contractory?

https://www.duedil.com/company/04478...ulting-limited

[LisaContractorUmbrella]

I cannot see anything above that would imply being an MSC, the only possible area is company secretarial services, although they do not mention being a company secretary.

See page 13 onwards of http://www.hmrc.gov.uk/employment-st...nce-july07.pdf

It would depend on whether or not all that is being offered is being done as part of a standardised product or whether the services offered can be individually selected according to the requirements of the contractor after a consultation with the company

[Waldorf]

The Freestyle service includes:
Formation of your limited company
Registering your company for VAT/PAYE
Setting up your company bank account.
FREE IR35 status reviews at any time.
Acting as your registered office including full company secretarial service
An intuitive online system to enter timesheets and expenses
Generating and sending invoices to clients
Chasing payments from clients
Completing quarterly VAT returns.
Up to date live position of the company, showing profit to date, what you need to reserve for tax and what is available as dividends. All available through our online system.
Monthly payroll service including all year end submissions.
Annual Statutory Accounts including filing all statutory returns inc Corporation Tax Returns.
Personal Tax Return
Dealing with all correspondence from HMRC & Companies House
Advice on IR35 & S.660
Comprehensive Insurance package including PII, HMRC investigation insurance.

I cannot see anything above that would imply being an MSC, the only possible area is company secretarial services, although they do not mention being a company secretary.

See page 13 onwards of http://www.hmrc.gov.uk/employment-st...nce-july07.pdf

[Hex]

The Freestyle service includes:
Formation of your limited company
Registering your company for VAT/PAYE
Setting up your company bank account.
FREE IR35 status reviews at any time.
Acting as your registered office including full company secretarial service
An intuitive online system to enter timesheets and expenses
Generating and sending invoices to clients
Chasing payments from clients
Completing quarterly VAT returns.
Up to date live position of the company, showing profit to date, what you need to reserve for tax and what is available as dividends. All available through our online system.
Monthly payroll service including all year end submissions.
Annual Statutory Accounts including filing all statutory returns inc Corporation Tax Returns.
Personal Tax Return
Dealing with all correspondence from HMRC & Companies House
Advice on IR35 & S.660
Comprehensive Insurance package including PII, HMRC investigation insurance.

Yeah - that does look a bit MSC like. Mind you, my previous accountant set my bank account up for me. Cater Allen used to allocate a raft of bank account numbers to their affiliated accountants and this made it easy for the accountant's clients to get a bank account which was arranged through the accountant. The accountant had no access to the bank account though. This may well be what Freestyle do and what they are alluding to above.

The generating invoices thing could be that they give you the facility to generate invoices and send them via email via their website. Similarly with the chasing payments.

Anyway - it's getting a bit off topic for a Norla thread. Anyone using freestyle should do their own research to ensure they don't fall under the MSC definitions.

[LisaContractorUmbrella]

Which bit do you reckon gives "strong indicators" that they're operating as an MSC? I can see they are trying to appeal to people on how much the accountant is doing, but they don't mention that they raise invoices for you or that they run your bank account do they?

The Freestyle service includes:
Formation of your limited company
Registering your company for VAT/PAYE
Setting up your company bank account.
FREE IR35 status reviews at any time.
Acting as your registered office including full company secretarial service
An intuitive online system to enter timesheets and expenses
Generating and sending invoices to clients
Chasing payments from clients
Completing quarterly VAT returns.
Up to date live position of the company, showing profit to date, what you need to reserve for tax and what is available as dividends. All available through our online system.
Monthly payroll service including all year end submissions.
Annual Statutory Accounts including filing all statutory returns inc Corporation Tax Returns.
Personal Tax Return
Dealing with all correspondence from HMRC & Companies House
Advice on IR35 & S.660
Comprehensive Insurance package including PII, HMRC investigation insurance.

[Hex]

If you are genuinely with Freestyle and this is not then you should be aware that their website gives strong indicators that they are operating an MSC which were outlawed 4 years ago

Which bit do you reckon gives "strong indicators" that they're operating as an MSC? I can see they are trying to appeal to people on how much the accountant is doing, but they don't mention that they raise invoices for you or that they run your bank account do they?

[LisaContractorUmbrella]

These were the last accountants I dealt with at Norla: Advantage Accounts - website I note is by Cirrus Nova. Strangely haven't had a P11D this year...very strange.

I was fortunate in being advised that I had to leave Norla in September 2010 by Hays Consulting. Now also with Freestyle who seem to be doing a very good job.

Now just keeping fingers crossed that I don't have to cross paths with HMRC over the whole Norla EBT scheme.

If you are genuinely with Freestyle and this is not then you should be aware that their website gives strong indicators that they are operating an MSC which were outlawed 4 years ago

[Phaedridge]

Advantage Accounts

These were the last accountants I dealt with at Norla: Advantage Accounts - website I note is by Cirrus Nova. Strangely haven't had a P11D this year...very strange.

I was fortunate in being advised that I had to leave Norla in September 2010 by Hays Consulting. Now also with Freestyle who seem to be doing a very good job.

Now just keeping fingers crossed that I don't have to cross paths with HMRC over the whole Norla EBT scheme.