Reply to: Received letter from HMRC about "disguised renumeration"

[eazy]

Respond to HMRC

I had a similar letter, I wrote back to HMRC telling them that I never had any association with any scheme and asked them to advise if these letters have been issued in error. I did not send any other information.

https://www.contractoruk.com/forums/...ion-loans.html

[Dave from Scotland]

I have exactly the same issue, as has my wife. Always been LTD company, always paid salary and dividends, never done the loans thing as it was obviously dodgy. Both of us being investigated.

Hopefully I can close it down easily, as I am genuinely innocent, but its a merry Christmas in the meantime thanks to the stress

[piebaps]

There is no Isle of Man company called Principal Contracting Limited and as far as I can see, there never has been.

There is however a registered business name Principal Contractors (registration number 022571B). This is a registered trading name owned by an Isle of Man company called Principal Contracts Limited (registration number 124226C). The trading name registration for from 2009 shows the registered office as Knox House, Finch Road, Douglas. This is of course Barrowman HQ. The current registered office of 1 Mount Pleasant is a literal 2 minute walk away.

Online Services - Company Summary

NB a liquidator has been appointed.

[Fred Bloggs]

We've had a couple of occasions where people asked for information, filled in an online form, or attended a session with some of these dodgy Umbrellas, and end up on a list provided to HMRC, even if they never signed up. It could be something like that again.

Exactly. Dead easy to tell Hector that. It's beyond dispute, you either used them or you didn't. It's fact.

[Paralytic]

That makes it very simple then. If you really had nothing to do with the company cited in the letter, that's all you need to tell them. Nothing more or less.

We've had a couple of occasions where people asked for information, filled in an online form, or attended a session with some of these dodgy Umbrellas, and end up on a list provided to HMRC, even if they never signed up. It could be something like that again.

[Fred Bloggs]

Thanks...

It just doesn't make any sense! I never traded with them. Will need to speak to HMRC again..

That makes it very simple then. If you really had nothing to do with the company cited in the letter, that's all you need to tell them. Nothing more or less.

[piebaps]

I missed the fact you've sent them stuff already without passing it to an expert to deal with.

So this an historic inquiry about loans that weren't disclosed by the deadline of September 30th (hardly surprising given that you don't seem to believe you had any).

I would just wait and see if you get a response and if you haven't heard anything in January chase them up.

However for others reading this don't send stuff to HMRC before checking what with an expert what you should send.



Hardly, just means someone posted about them back in 2013 and we picked them up as dodgy immediately. Their linkedIn page is dead but may be helpful https://www.linkedin.com/company/pri...limited/about/ as might https://www.contractoruk.com/forums/...-trustees.html and https://www.contractoruk.com/forums/...cl-please.html

They were an IoM company so it's why obvious searches on companies house won't pick them up.

Its a Knox House/Barrowman outfit by the look of it. I'll do some IOM searches a little later.

[DealorNoDeal]

Other people, who've had absolutely nowt to do with schemes, have reported getting queries from HMRC about loans.

I don't know where they get their "intelligence" but it seems you can end up on the naughty list by mistake.

[Michail]

Thanks...

It just doesn't make any sense! I never traded with them. Will need to speak to HMRC again..

[eek]

They have nothing in my opinion.

Can i just ask them to close it? Is it that simple? I have already sent them the information they asked for.

I missed the fact you've sent them stuff already without passing it to an expert to deal with.

So this an historic inquiry about loans that weren't disclosed by the deadline of September 30th (hardly surprising given that you don't seem to believe you had any).

I would just wait and see if you get a response and if you haven't heard anything in January chase them up.

However for others reading this don't send stuff to HMRC before checking what with an expert what you should send.

Actually i just saw you inquired about them in the past...this is getting weird now

Hardly, just means someone posted about them back in 2013 and we picked them up as dodgy immediately. Their linkedIn page is dead but may be helpful https://www.linkedin.com/company/pri...limited/about/ as might https://www.contractoruk.com/forums/...-trustees.html and https://www.contractoruk.com/forums/...cl-please.html

They were an IoM company so it's why obvious searches on companies house won't pick them up.

[Michail]

So i have been using my LTD company since 2014. Prior to that iPlan , PlanIT and Giant as umbrellas.

the company that HMRC quoted is "Principal Contractors Limited"

Actually there seems to be a thread here about them LINK

Actually i just saw you inquired about them in the past...this is getting weird now

[Michail]

That advice is being blunt, crap - we don't know enough to say anything like that yet.


@Michail how have you been working in the past, through you own limited company or have you been working via an umbrella company(s). If you have been working via an umbrella company which ones.

And what was the name HMRC are enquirying about.

As for anything else - given that this may not be about a tax scheme but rather just an enquiry you should be posting this in the accounting / legal thread and passing the enquiry to your IPSE / QDOS tax specialist in the first instance.

So i have been using my LTD company since 2014. Prior to that iPlan , PlanIT and Giant as umbrellas.

the company that HMRC quoted is "Principal Contractors Limited"

Actually there seems to be a thread here about them LINK

[eek]

Others will have a view but always best to send as little as possible. It might be a fishing exercise. Remember they are short of resources so don't make life easy for them. Reply with the minimum within their time limits. If they have nothing, ask then to close their enquiry.

That advice is being blunt, crap - we don't know enough to say anything like that yet.


@Michail how have you been working in the past, through you own limited company or have you been working via an umbrella company(s). If you have been working via an umbrella company which ones.

And what was the name HMRC are enquirying about.

As for anything else - given that this may not be about a tax scheme but rather just an enquiry you should be posting this in the accounting / legal thread and passing the enquiry to your IPSE / QDOS tax specialist in the first instance.

[Michail]

Others will have a view but always best to send as little as possible. It might be a fishing exercise. Remember they are short of resources so don't make life easy for them. Reply with the minimum within their time limits. If they have nothing, ask then to close their enquiry.

They have nothing in my opinion.

Can i just ask them to close it? Is it that simple? I have already sent them the information they asked for.

[Not Losing Any Sleep]

That says that i need to check my return for a previous year.

"We are checking your return to see weather is should have included information about disguised remuneration loans"

As far as i am concerned i havent done anything dogdy and never subscribed to any schemes whatsoever.

I have compiled a folder with bank statements, contracts of employments, P60 and pay slips and i am about to send it to them. I am just freaking out though because they asked me if i now a specific company that i have traded with and i actually don't have a clue. Not in my books, no invoices or pay from them. Nothing. Could it be, someone could have been doing something dogdy on my name? I checked the company's name and it seems like a dissolved entity.

Anyone else who is legit has received anything like this?

Others will have a view but always best to send as little as possible. It might be a fishing exercise. Remember they are short of resources so don't make life easy for them. Reply with the minimum within their time limits. If they have nothing, ask then to close their enquiry.