Letter from HMRC demanding 40k!!!

[regron]

oh and yes it is a discovery assessment letter but I do not know how they have arrived at the figure they have arrived at.its completely incorrect.

i used the scheme for a full year the year AFTER (and thankfully no more) so am expecting a letter about that too but the first letter isnt right.

Don't worry, you are not the only one to receive incorrect assessments. It's a regular occurrence on HMRC's part. Get the appeal sent off to stop the clock, then work on bringing the figures into line.

[HebdenMole]

oh and yes it is a discovery assessment letter but I do not know how they have arrived at the figure they have arrived at.its completely incorrect.

i used the scheme for a full year the year AFTER (and thankfully no more) so am expecting a letter about that too but the first letter isnt right.

[HebdenMole]

Thank you. I have called that co and am waiting for a return call. hopefully I can speak to someone to-day

[PeterF]

I just want to know if HMRC will revise their figure if I can prove I wasn't earning what they think I was

In my personal experience, yes they will. I sent bank statements with relevant payments highlighted, they amended things their side surprisingly quickly.

[BrilloPad]

I'm not very good at navigating this forums as I have a disability

I just want to know if HMRC will revise their figure if I can prove I wasn't earning what they think I was

Do HMRC know you have a disability? They can often give extra help.

[webberg]

As I've said elsewhere, WTT Big Group is presently closed (reopens 6th April) but WTT Consulting is very much open.

Whether you choose to call us or somebody else - get proper, unbiased and clear advice.

As said above though, you have a discovery assessment and you need to appeal within 30 days.

[regron]

In shock. Received a letter from HMRC demanding 40k in additional tax from 2012-13 because they believe I was part of a contractor loan tax avoidance scheme. I was in such as scheme which was falsely sold to me but in the tax year 14-15, not 12-13.

I do not understand how they have come to this 40k figure, has anyone else received such a letter? I only have 30 days to pay or to appeal.

What type of letter is it ? I am guessing by the dates it may be a Discovery Assessment ?

If so, then you can send an appeal letter in to stop the clock (interest still accrues though). This will give you time to then assess the situation, give yourself time to gather all the necessaries and respond.

However, as has already been advised, if you act quickly (as in now !) and call WTT, then they will be able to give you the correct and proper advice once you have disclosed all the information that you don't really want to be doing on a forum that HMRC read.

No excuses for repeating this....but call them NOW !

[eek]

I'm not very good at navigating this forums as I have a disability

I just want to know if HMRC will revise their figure if I can prove I wasn't earning what they think I was

You need advice from someone and as BP stated above the default advice is to join Big Group but they are not accepting new members until April. As such my advice would be to visit https://www.wttconsulting.co.uk/wttbiggroup which contains the big group joining details and call WTT on the number at the top. I'm sure they can quickly tell you what you need to do...

[northernladuk]

Ah sorry. I can't help with that. I'm sure someone will be along to help shortly.

[HebdenMole]

I'm not very good at navigating this forums as I have a disability

I just want to know if HMRC will revise their figure if I can prove I wasn't earning what they think I was

[northernladuk]

Here you go then. Good number of threads on Redstone.

https://www.google.co.uk/search?q=Re...obile&ie=UTF-8

[HebdenMole]

Which scheme were you in? Have you searched CUK for similar schemes? What do the scheme provider say?

In general most on loan schemes are joining big group.

It was called red stone

The thing is for the year they are coming after me for I wasn't in it. I can prove this with bank statements.

[BrilloPad]

Which scheme were you in? Have you searched CUK for similar schemes? What do the scheme provider say?

In general most on loan schemes are joining big group.

[HebdenMole]

In shock. Received a letter from HMRC demanding 40k in additional tax from 2012-13 because they believe I was part of a contractor loan tax avoidance scheme. I was in such as scheme which was falsely sold to me but in the tax year 14-15, not 12-13.

I do not understand how they have come to this 40k figure, has anyone else received such a letter? I only have 30 days to pay or to appeal.