Edge (Norla) - Contractor UK Bulletin Board

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eubria replied

18 October 2010, 10:36
Norla - latest ?

Originally posted by PeterF View Post

Does anybody have any news or information on the outcome of these investigations? I have received notice of one also (Norla/Edge) - nothing unusual as I have had one done before, but this time they have enclosed a booklet titled 'Specialist Investigations (Fraud & Avoidance)'. Naturally, this does not read so good. The intro to said booklet also mentions they generally execute such investigations where 'they believe there may have been a serious loss of tax'.

I am out of the EBT scheme at the end of December regardless, but wondering just how worried I should be about this notification. Is it different from previous?

Oh - and 1st post so hello to all!

Hi Peter, waht was the outcome of your investigation? i have now received a Special Investigation notice in relation to my 10 month use of the Norla.edge EBt scheme in 2008.

And were Noral/edge helpful in providing you the information you needed?

rgds
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spig replied

11 December 2009, 09:54
Originally posted by PeterF View Post

Does anybody have any news or information on the outcome of these investigations? I have received notice of one also (Norla/Edge) - nothing unusual as I have had one done before, but this time they have enclosed a booklet titled 'Specialist Investigations (Fraud & Avoidance)'. Naturally, this does not read so good. The intro to said booklet also mentions they generally execute such investigations where 'they believe there may have been a serious loss of tax'.

I am out of the EBT scheme at the end of December regardless, but wondering just how worried I should be about this notification. Is it different from previous?

Oh - and 1st post so hello to all!

A colleague of mine had a letter from HMRC a while back, hasn't heard anything else (yet). He's changed to a different offshore scheme now, Sanzar I think. I can't see this helping his case.

I was considering Norla's EBT a few months back, very glad I decided to go Ltd again instead, thanks partly to this board. Seems to be much easier running a ltd than I remember it was 10 years ago with so many online services available, and a better accountant. (NW)

I did read in the paper recently the gov wants HMRC to be more aggressive in persuing tax avoidance due to falling tax revenues at a time when the gov needs more cash. Pretty obvious they'd do that though I guess. Good luck.
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PeterF replied

10 December 2009, 19:43
Does anybody have any news or information on the outcome of these investigations? I have received notice of one also (Norla/Edge) - nothing unusual as I have had one done before, but this time they have enclosed a booklet titled 'Specialist Investigations (Fraud & Avoidance)'. Naturally, this does not read so good. The intro to said booklet also mentions they generally execute such investigations where 'they believe there may have been a serious loss of tax'.

I am out of the EBT scheme at the end of December regardless, but wondering just how worried I should be about this notification. Is it different from previous?

Oh - and 1st post so hello to all!
Leave a comment:
Talos replied

15 June 2009, 18:41
@ Gizza

I Too have recieved one or two infact, a bit strange as i have had a tax rebate on one of the years concerned.

It reads the same as you have stated, what was the outcome on your reply to HMRC

Originally posted by Gizza View Post

I used Edges (via Norla) EBT scheme for a year or so and have just received a letter from HMRC. It reads friendly and mentions that they are "concerned with the employment income and benefits provided to you by Edge Consulting Ltd.".

I know a couple of other guys who also received the letter and was wondering whether any users on here got a similar one ?

I think if we can share ideas and information on here, its going to benefit us all.

Cheers
Giz
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Dilbert replied

22 May 2009, 10:31
Gizza / Mutur,

Have you heard any more from the HMRC? What was the outcome of this?

I used Edge / Norla last year. I haven't received a letter but am nervous as to what might happen with this. I'm also starting a new contract soon and was going to go via the EBT route again but am having second thoughts now.
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cojak replied

22 May 2009, 07:52
Not true!
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malvolio replied

21 May 2009, 16:24
See, you don't need me after all...
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cojak replied

21 May 2009, 14:29
<tips hat>

pleased to be of service, sir...
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ChimpMaster replied

21 May 2009, 13:17
Cojak you have saved me yet again! Phew!
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cojak replied

21 May 2009, 11:51
Alert!

Originally posted by killerbackhand View Post

Hi Guys,

I used Norla back in 2005/06 and last year .. No problems whatsoever.. even after the tax return...

They use a trust fund in IOM .. No way would the Govt. close this down because a trust fund is foundation of the rich.... That would be like suicide much like the 50% tax rate..

Newbies beware!

Never trust the word of a poster with 1 post to his name who sings the praises of an agent/umbrella company/dodgy tax evasion scam...

HTH
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NickNick replied

21 May 2009, 10:50
Bit of a non arguement there.

They'd never close this loophole, that would be like introducing a 50% tax rate. Which is exactly what they've done.

Unless I'm missing the sarcasm here.
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killerbackhand replied

21 May 2009, 09:59
Norla

Hi Guys,

I used Norla back in 2005/06 and last year .. No problems whatsoever.. even after the tax return...

They use a trust fund in IOM .. No way would the Govt. close this down because a trust fund is foundation of the rich.... That would be like suicide much like the 50% tax rate..
Leave a comment:
mouse replied

22 April 2009, 11:16
TazMaN - thank you.

I've contacted my agency about re-issuing a contract, I think I am going to go the Limited route. Just feels a bit 'safer'. Very new to all this and finding the forums invaluable.
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ChimpMaster replied

22 April 2009, 10:13
Originally posted by mouse View Post

Hi, I've been with Norla for nearly a year and I am getting increasingly worried about this. I ideally would like to get out completely but my contract doesn't end for a fair while (i'm not a ltd company)

Any further developments?

You can change to Ltd / Umbrella mid-contract : just ask your agency to re-issue a contract to you with the new Ltd Co details.
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mouse replied

21 April 2009, 23:23
I used Edges (via Norla) EBT scheme for a year or so and have just received a letter from HMRC. It reads friendly and mentions that they are "concerned with the employment income and benefits provided to you by Edge Consulting Ltd.".

Hi, I've been with Norla for nearly a year and I am getting increasingly worried about this. I ideally would like to get out completely but my contract doesn't end for a fair while (i'm not a ltd company)

Any further developments?
Leave a comment: