Dozy Bastard decided that he didn’t like this forum any more and asked Admin to delete his account.
One can only imagine why he chose to do this...
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Previously on "Winchester Contractors Trust Help line -Contact Details"
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My concern
Originally posted by Dozy Bastard View PostThere's always going to be a degree of doubt so if you want certainty, don't do it. There are lots of reasons to wonder how THL ever got a contract to handle this for the trustees. They must have been cheap! But the one thing that made all the difference for me is the money isn't paid to THL. It's paid to a company in the IOM called DOR Resolutions Ltd. I paid a £2 fee to the IOM companies register to uncover that this company is owned by the trustee I owe the money to. They're all based at the office of Baker Tilly IOM. All THL's emails and text messages seem to drive you towards one thing, which is asking this company for a set of draft deeds. That must be how they get paid. Someone sent in the email? Kerching. After you send it, you get a zip file with all the draft deeds in. I'm not going to pretend I'm qualified to judge them properly so you might want to show them to a lawyer, but they look pretty solid to me. I signed them and sent them back, then paid once I had confirmation they'd arrived. So far I've not had them returned but I do believe they will come.
I can help you out a bit there. In my case it was a guy called Andrew Thornhill QC. As Google will show, he's already been dealt with quite robustly. To find the others involved, search for tax avoidance QC. They won't all be guilty but the ones you're looking for will be on the list. Happy hunting ;-)
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Guest repliedOriginally posted by Bemi View PostHi Dozy,
Are you able to share any of this correspondence and documentation?
Especially the draft dead for the Winchester scheme.
But any contact details that allow me to deal directly with THL (not through their very dodgy portal) or better yet, the actual trustees, would be extremely useful.
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Originally posted by Bemi View Post
My employer was quite clear that their loan scheme was completely legal and in compliance... but that a) wasn't true and b) there seems to be no legal recourse to the fact they lied...
a) it was true. Nobody is claiming that the scheme you did was illegal. HMRC claim it does not give the tax effect you were told, but that is a long way short of saying it's illegal.
b) yes there is.
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Originally posted by Dozy Bastard View PostAll THL's emails and text messages seem to drive you towards one thing, which is asking this company for a set of draft deeds. That must be how they get paid. Someone sent in the email? Kerching. After you send it, you get a zip file with all the draft deeds in.
Are you able to share any of this correspondence and documentation?
Especially the draft dead for the Winchester scheme.
But any contact details that allow me to deal directly with THL (not through their very dodgy portal) or better yet, the actual trustees, would be extremely useful.
Leave a comment:
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Guest repliedOriginally posted by Bemi View PostI didnt mean tax wise. I meant covered in that you know, for absolute certain, that no one can legally come after you for the rest of the loan. That's what I was referring to regarding being lied to before. You obviously can't trust THL, so how do you KNOW that you will be covered.
Originally posted by Bemi View Post3. Track down the individuals involved and drag them into the light of day so that, even if HMRC is an arse and the law is impotent, at least everyone around them knows how they earn their money and the impact it has.
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Originally posted by Dozy Bastard View PostHi Bemi. I'm not really sure what you mean by 'covered'
"I should say I'm not very popular round these parts"
Yes, there appears to be a hint of Salem in the air. I respect your decision, I may or may not copy it, and I admire and thank you for being open to questions.
You THL stooge you
"What are you planning to do?"
1. Pay THL unless someone can provide a better reason than "don't give these pirates money" or a better sense of safety than "you could challenge them recalling the whole loan but you'd probably lose". I don't fancy being bankrupted at an unknown date in the next 30 years and I don't think my mental health would survive waiting for it to happen. Waiting for HMRC to do anything has been bad enough. I can't cope with much more such suspense.
2. Find out who is taking legal action against these parasites and join them.
3. Track down the individuals involved and drag them into the light of day so that, even if HMRC is an arse and the law is impotent, at least everyone around them knows how they earn their money and the impact it has.
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Guest repliedOriginally posted by Bemi View PostSo, do you know for sure that you are now covered and how do you know this?
On this part...
Originally posted by Bemi View PostMy employer was quite clear that their loan scheme was completely legal and in compliance... but that a) wasn't true and b) there seems to be no legal recourse to the fact they lied...
But in the end, it was my decision. Fortunately I'm now able to buy my way out of it. I'll probably get slated for writing that as well.
What are you planning to do?
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Hi Dozy Bastard. Thanks for the offer, much appreciated.
Regarding this...
Originally posted by Dozy Bastard View PostThe deeds writing off the loans are quite clear that once it's done, it's done. Over with. No more bother.
So, do you know for sure that you are now covered and how do you know this?
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Guest repliedOriginally posted by Coresme2 View PostHi Julius, I'm seeking financial advice at the moment over this, and I note today that the cost goes up to 10% of the loans on the 1st March. Did you get anywhere with it?
Of course, I also have to pay the tax on the 95% that gets written off, but that's a separate issue. I'm going to have to pay that tax anyway.
If you want to know anything about my experience so far... ask away
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Originally posted by Coresme2 View PostHi Julius, I'm seeking financial advice at the moment over this, and I note today that the cost goes up to 10% of the loans on the 1st March. Did you get anywhere with it? I'm very tempted to ignore it, because the whole concept of this dodgy business seems completely illegal to me, it's our money we loaned back to ourselves. My years of investigation are all closed with HMRC, so I don't really worry too much over it, but it's slightly distracting.
R
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Originally posted by Julius C View PostIf anyone would like to collaborate on this issue, pls do PM me.
It seems THL are bombarding us with emails & text ATM....
R
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Legal direction
Hi All
Does anyone know a good solicitor/Barrister that specialises in tax?
Thanks
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Collaboration
If anyone would like to collaborate on this issue, pls do PM me.
It seems THL are bombarding us with emails & text ATM....
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