IHT on EBT settlement

[Dilbert]

I had an Edge / Norla EBT and settled and had my loan written off a couple of years back. HMRC have written to me, via WTT, demanding IHT. WTT are proposing to put together a group to dispute that IHT is due and claim to have a strong argument. I've searched the forum and online to research this...

[Red rocket]

I contracted through ICS between 2007 and 2008, and have concerns with Merchant Group over the EBT payments arising from the recent actions of HMRC and letters around their EBT Scheme.

It is encouraging that ICS - Merchant Group - is taking action with HMRC however ICS's interests are...

[Chief]

Hi,

The trustees of Newquay Professional Benefit Trust keeps on requesting that i sign loan agreements for the interest free loans they made available to me when i used their services for about 6 months in 2010...
The terms of the loan are "advanced unsecured loan to the...

[SantaClaus]

Hi all

I have had a request from an Australian journalist looking for Aussies who are either affected by EBTs or the retro tax, Section 58.

If you are interested in talking to the press about how this will affect you, please drop me a PM and I will pass on your details....

[administrator]

ContractorUK has received a solicitor's letter on behalf of White Collar Financial Limited and would like to clarify some details.

This thread does not state or imply that White Collar Financial Limited run, or have ever run, an Employment Benefit Trust (EBT.) This forum was set up so...

[convict]

The intent here is to post links with information that may help people understand their situation.

HMRC/HMRC Procedural Docs
EBT Settlement Opportunity
HMRC Time Limits
HMRC Self Assessment Manual
HMRC Appeals and Tribunals Guidance
HMRC Codes of Practice...

[GoneSouth]

Please check this first post regularly for updates

Hello, this is the thread for those that were employed by Edge and have received enquiries or demands from HMRC.

I would encourage you to post here and offer support to each other, however keep in mind that HMRC do read...

[neo222]

I (stupidly) fell into the trap of the EBT/PBT structures and was taken in with the 'it's 100% legal' and the 'Counsel Approved' sales pitches, along with the 85%+ take home! Fortunately, I changed to running my own Limited Company as of the beginning of this year, mainly direct to clients now.
...

[FTTM]

Hi All

New to all this and I have just been made aware of the likely implications of using the services / schemes historically provided by any of the above companies.

If you were using any of the above please PM me with a view to sharing information as I am trying to understand...

[cssmonauts]

Ok, I have decided to edit my original post as it is a point that covers all of the current Trust/Loan schemes out there, not just the one operated by Sanzar, and it was unfair of me (because I was angry) to word the post in such a way that it could be construed this was purely a Sanzar problem....

[Roger]

Hi

Recently took on my first contract and used an umbrella EBT scheme for payment. The umbrella company is now no more and the EBT scheme has 2 months of invoices which they are refusing to pay me (not committing to a date or plain lying when I will be paid). The EBT scheme has a new...