Reply to: Calheta Consulting, 87% return, how exciting!

[cojak]

And they obviously come in packs - response received this morning in relation to tax payable: "I thought that a 10% maximum should be enough - I'll find another solution". Honestly, I wonder why I bother sometimes, I really do

You can have the satisfaction of knowing that they'll come here eventually crying like little girls because the big, nasty HMRC wants to make them bankrupt and will someone please help them out of this hole (for free obv, because they're still thick and greedy, just potentially much, much poorer).

[LisaContractorUmbrella]

I suspect you get entered in to a prize draw - the winners get shortlisted for investigation.

[LisaContractorUmbrella]

Which just goes to show that contractors can be both thick AND greedy!

And they obviously come in packs - response received this morning in relation to tax payable: "I thought that a 10% maximum should be enough - I'll find another solution". Honestly, I wonder why I bother sometimes, I really do

[Old Hack]

Which just goes to show that contractors can be both thick AND greedy!

You must spread some Reputation around before giving it to cojak again.

WCS

[AtW]

1000% is equally possible, use the money to buy a balaclava and a shot gun, head into your local bank.......

Isn't APR much higher at local payday loan companies?

[Zippy]

Do you get paid for shopping people to HMRC. If so let him and pass on the details in a months time.

Muppet.

I suspect you get entered in to a prize draw - the winners get shortlisted for investigation.

[cojak]

Just had a phone call from a newbie - obviously inside IR35 - wanting to know why he shouldn't join a scheme where he takes home 90%. Apparently 'rich people' and Google do it so why shouldn't he

Which just goes to show that contractors can be both thick AND greedy!

[DaveB]

Appears to be part of Onyx Management Ltd, who specialise in yacht management, aircraft management and payroll services. Which seems like a natural fit. The company operates out of the IoM. Their parent company appears to be Onyx Worldwide who are based in Switzerland.

Registered owner of the website is one Wilhelm Meir who also appears to be linked to Recruitment Solutions Ltd (rsl.org.im) and has had a few reviews in the press last year.

Recruitment Solutions gets tax break for bosses but not workers - Investigations

Not much to be found online about him in the usual places, but LinkedIn profiles exist for him under both UK and Portugal. Prior to 2009 he appears to have been a part qualified ACCA.

[Old Greg]

Do you get paid for shopping people to HMRC. If so let him and pass on the details in a months time.

Muppet.

They stopped paying her because she kept taking the cash in depreciating foreign currency loans.

[eek]

Just had a phone call from a newbie - obviously inside IR35 - wanting to know why he shouldn't join a scheme where he takes home 90%. Apparently 'rich people' and Google do it so why shouldn't he

Do you get paid for shopping people to HMRC. If so let him and pass on the details in a months time.

Muppet.

[jmo21]

Just had a phone call from a newbie - obviously inside IR35 - wanting to know why he shouldn't join a scheme where he takes home 90%. Apparently 'rich people' and Google do it so why shouldn't he

Jesus!

This is why we need to keep highlighting these schemes.

[LisaContractorUmbrella]

Just had a phone call from a newbie - obviously inside IR35 - wanting to know why he shouldn't join a scheme where he takes home 90%. Apparently 'rich people' and Google do it so why shouldn't he

[proggy]

163% is equally possible. Its an EBT which means that you don't need to pay out to the person what they pay in.

Simply by paying me using both the money I and others have paid in they can meet their promised figure while demonstrating

1)that the scheme was not risk free,
2)is a fully valid scheme where what is paid in doesn't correspond with the amount paid out

and that I have the cash available to cover the inevitable eventual rogering from HMRC.

1000% is equally possible, use the money to buy a balaclava and a shot gun, head into your local bank.......

[eek]

120% is entirely achievable.

All income is converted into a Director's loan to an offshore account. You provide nil returns to the VAT man and keep your bags packed and your passport in your jacket pocket.

163% is equally possible. Its an EBT which means that you don't need to pay out to the person what they pay in.

Simply by paying me using both the money I and others have paid in they can meet their promised figure while demonstrating

1)that the scheme was not risk free,
2)is a fully valid scheme where what is paid in doesn't correspond with the amount paid out

and that I have the cash available to cover the inevitable eventual rogering from HMRC.

[Old Greg]

If it's less than 120%* then I am not interested.

* they pay me 20%

120% is entirely achievable.

All income is converted into a Director's loan to an offshore account. You provide nil returns to the VAT man and keep your bags packed and your passport in your jacket pocket.