Reply to: Endeavour (Umbrella does not exist anymore). Self assessment required

[cojak]

And since this thread has strayed from its point I'm closing it.

To the original poster, if you come back please start another thread.

[eek]

Hi eek

I hope you have learnt an important lesson here and that is to base your statements on data points.
If you cannot back them up certainly dont advise people especially on the items of financials.
I agree with Dylan on this matter.
Whilst no-one would question BGs strategy of helping folk or your good intentions of bringing folk on board who are in dire need of great advice, unless you have all the details on their financial position and can produce that then you should steer away from talking them up in this regard.
Not having a go at you just advising that talking financials is best left with Webberg if he felt the need that it was warranted.

woftam

Well the first data point I can see is that you are an Australian who appears to be back there based on the time you are posting. It also seems that you were greedy in the past.

Now if you can recommend and provide costs for someone who can help people with HMRC go ahead and do so. As DR states above other specialists are £300+ an hour and they don't really want to deal with these cases (another data point).

And the best advice is to find other people in the same position as you and see what they are doing. Any idea where those people are likely to be outside of Big Group?

Oh and if you think having a go at me is going to get you anywhere don't bet on it. But it's interesting to note that while two posters on here dislike my comments regarding BG they haven't come up with and recommended other names, numbers and prices.

[woftam]

Not quite, my comment was based on if you think they are expensive you should see what the other options cost.

Hi eek

I hope you have learnt an important lesson here and that is to base your statements on data points.
If you cannot back them up certainly dont advise people especially on the items of financials.
I agree with Dylan on this matter.
Whilst no-one would question BGs strategy of helping folk or your good intentions of bringing folk on board who are in dire need of great advice, unless you have all the details on their financial position and can produce that then you should steer away from talking them up in this regard.
Not having a go at you just advising that talking financials is best left with Webberg if he felt the need that it was warranted.

woftam

[DonkeyRhubarb]

BG seem better than the other loan scheme groups I know of.

Some advisors are definitely more of the ambulance chaser/shark variety than others.

The big tax advisory firms charge £300/man hour. Leading tax barristers can command up to £1000/hour. This sort of representation is out of reach of most ordinary folk, so the only affordable option is to join a group.

[Dylan]

"About the only source of advice around that isn't going to be out to make more money off you"

"They need to cover costs"

[eek]

Not quite, my comment was based on if you think they are expensive you should see what the other options cost.

[Dylan]

You have no idea how long I've been around here. Signing up is very different from reading.

Weberg was working for someone else when he first came here so I suggest it is *you* that should research properly. WTT was set up in March 2015 by Weberg seemingly to service the DOTAS market, I have no issue with that but on the face of it the circumstances suggest that he saw a business opportunity in the misery caused by this mess, left his old employer and set up a company to capitalise on that. I don't believe that is wrong, but I do believe that you making out it is somehow altruistic is misleading.

Unless you have inside info then you have no idea as to how much profit they are making or even turnover figures (they've extended their accounting period and have yet to file any accounts with CH) yet you are making statements such as they aren't out to "profitee" (sic).

Customers seem happy and I'm sure the prices are reasonable so wouldn't want to put anyone off using them but it is a business out to make money. Let's not pretend otherwise.

Still if the criteria is that no one can comment unless they have been a member longer than you I'll leave you to it.

[eek]

If you mean "profiteer" from it then it is completely subjective and without knowing all the figures it is hard to argue one way or the other if their profits meet the dictionary definition of profiteering.

BG being cheaper to join than seeking separate advice does make sense, the cost to the individual is lower but don't pretend the whole thing is borne out of some altruistic motive. Reading between the lines WTT consulting came in to being on the back of this whole mess - the whole business has been created around making money out of the DOTAS shambles...

I DGAF either way, pay your money to whomever you think is best value but be assured there are no losers on the advisor / legal side of things here, there is only one group of losers and they are getting ****ed over by promoters, advisers and HMRC.

Given that I'm not part of any scheme but sadly know an awful lot about these things (which is why I was never going to be part of any scheme) I really think others should be careful and actually do some research before they post as otherwise it may seem to be trolling.

The choice any scheme member has is to either find the means to pay HMRC asap (by April 2019 at the very latest) or find someone to support them. That boils down to either:-

Big Group
Someone else.

But remember there are far bigger issues in this market, limited people with suitable expertise and far more profitable potential customers with far bigger potential tax bills than the other contractor has been given. Anyone who used a scheme on less than £250,000 a year is going to be of very little interest to other people here.

Yes Big Group do come from WTT but WTT were not involved in these schemes - they were working on film finance schemes when webberg first appeared here (and that was out of curiosity not seeking work). Big Group was his solution to provide support to people at an affordable figure (if you don't believe me go and look at the other prices and post them back here to show that you have)..

Given that you haven't been around here for years and haven't seen the pain the S660 and others have suffered I think its a bit rich for you to comment at all. When you see what BP and Donkeyrubarb and others have had to go through and their attempts to do things on a non-profit basis the fact DR and others are recommending Big Group to people should tell you what the general opinion on here is....

[Dylan]

Did I say that they were a not for profit company? I said they weren't trying to profitee from this work - unlike other possible advisors. If you don't believe me find another specialist and ask for their prices

there is a big advantage in going to an organization with a lot of members, costs per member are lower and there is power in numbers

If you mean "profiteer" from it then it is completely subjective and without knowing all the figures it is hard to argue one way or the other if their profits meet the dictionary definition of profiteering.

BG being cheaper to join than seeking separate advice does make sense, the cost to the individual is lower but don't pretend the whole thing is borne out of some altruistic motive. Reading between the lines WTT consulting came in to being on the back of this whole mess - the whole business has been created around making money out of the DOTAS shambles...

I DGAF either way, pay your money to whomever you think is best value but be assured there are no losers on the advisor / legal side of things here, there is only one group of losers and they are getting ****ed over by promoters, advisers and HMRC.

[eek]

They aren't a not for profit organisation.

Did I say that they were a not for profit company? I said they weren't trying to profiteer from this work - unlike other possible advisors. If you don't believe me find another specialist and ask for their prices

there is a big advantage in going to an organization with a lot of members, costs per member are lower and there is power in numbers

[Dylan]

Just to emphasis that the above is correct. Big group are About the only source of advice around that isn't going to be out to make more money off you. That's not to say that joining the group is free, they need to cover costs rather than wishing to profitee from you

They aren't a not for profit organisation.

[eek]

You might want to speak to (and consider joining) Big Group

Don't go asking HMRC for advice "what to do". They'll do you in.

Just to emphasis that the above is correct. Big group are About the only source of advice around that isn't going to be out to make more money off you. That's not to say that joining the group is free, they need to cover costs rather than wishing to profitee from you

[DotasScandal]

Hi All,

I am feeling really nervous now.

I have received a letter from HMRC to complete self assessment for 2014-2016. I have -P60s for both of the years. But when I checked my last payslips it is unclear what is meant under "other payments" or similar description.

What do I do? I have called HMRC twice and said the company does not exist anymore and I just don't know whom should I ask now.

Please advise what did you do in similar cases.

Mod, please could you move this where it belongs.
Thanks.

[DotasScandal]

Hi All,

I am feeling really nervous now.

I have received a letter from HMRC to complete self assessment for 2014-2016. I have -P60s for both of the years. But when I checked my last payslips it is unclear what is meant under "other payments" or similar description.

What do I do? I have called HMRC twice and said the company does not exist anymore and I just don't know whom should I ask now.

Please advise what did you do in similar cases.

You might want to speak to (and consider joining) Big Group

Don't go asking HMRC for advice "what to do". They'll do you in.

[QCApproved]

Quite Right DOTAS they did not want to litigate sound schemes and lose so effectively it appears there was a long silent think over whether and how to go retro BN66 and Huitson style. Having read all of the Huitson judgements specifics, clear direction intention and guidance are factors.