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loan

  1. W

    IQ Consultants, Felicitas Solutions, ECS Trustees - loan repayment demands

    We have become aware that Gladstones Solicitors Ltd (based in Knutsford) Felicitas Solutions (based in Ramsay IOM) Have been issuing demands for interest payments and repayment of loans that were made by: ECS International Trustees (IOM) Ltd as a lender who appear to have acquired their...
  2. T

    Insurance cover for loaned IT Equipment?

    My contract will soon require me to take responsibility for equipment owned by the customer. I'd welcome advice on how to insure this laptop, and accessories, against damage and loss while in my hands. I've found plenty of insurance to cover me for my essential equipment - but what if I need...
  3. T

    War chest Almost Depleted and Getting Desperate

    After having a second long stint on the bench in 2 years I have about 2 months left in the warchest and am incredibly stressed about what the next 4 weeks hold. I'm trawling job sites daily, and have recently been applying for permanent jobs, as well as non- project management/ Analyst jobs...
  4. H

    Another Loan Charge thread. who's best for my situation? Am i actually caught?

    Hello all, Despite being constantly assured ‘my’ loan scheme is safe and dandy by the organisers, and that I don’t need to declare anything to HMRC – I’m after some other, expert advice. Who’s best for my situation? There’s a lot of forum experts on here, not sure where to go. My knowledge is...
  5. L

    CALL TO ACTION: Loan Charge Victims Mass Lobby Day - 24 October 2018

    The troops are mobilising! On Wednesday 24th October, the Loan Charge Action Group, campaigners and friends are descending on Westminster to take part in a mass lobby, to protest at Westminster and to meet MPs to get the message across that the 2019 Loan Charge is wrong, unfair and will have...
  6. H

    Getting a loan or finance

    Hi all New to contracting and this forum so go easy ;) I switched from perm to contract a couple of months ago. I have only been paid once so don't have much saved up, and no savings otherwise (yes it was a risky move). We are also about to do some building work on our house and somewhat...
  7. A

    Using directors loan as cash advance for unpaid salary to reduce corporation tax?

    Hello guys I made a beginner's mistake! Didn't realise that my ltd company financial year comes to the end today, it's only my first year of operation most of which company was dormant anyway. I thought i had time till end of March and still had time to soet things out! During first months I...
  8. T

    Legal firm recommendation - loan agreement

    Hi guys I have my established limited company as a contractor and I've created a new totally separate limited company for a side hustle :) I would like to loan my new company some money from my existing company, for which I'll need a loan agreement. Can anybody recommend a company or website...
  9. R

    Opus bestpay loan Scheme

    Hi all. So i decided to join bestpay around a year ago thinking everything was legit. Tried for a mortgage at a bank which was refused due to me not being able to prove my taxable income. I research more and the horror came apparent that i was using a loan scheme. My partner was expecting...
  10. P

    Paying off directors loan

    Hi all I have a question regarding a directors loan I am paying back. My last company accounting period finished end of July 2015. I had an outstanding directors loan of £3,500K. I paid off £3K in November leaving an outstanding amount of £500 which I intend to pay off this week .Unfortunately...
  11. M

    Remuneration Trust and Limited Company / Umbrella

    Hi, An accountant has approached me to offer a Remuneration Trust based service using my limited company. They will the book keeping, but their product is to extract money via a loan from the Remuneration Trust. Looking at the take home, definitely it is an option to consider. But, is this a...
  12. H

    Settlement Opportunity (SO) Loan Scheme pre 2011 with HMRC

    Hi All, I had the misfortune of being in a loan scheme pre 2011. I got flagged up a couple of years back. The company closed down (which owned the solution) but their legal representative started talking to HMRC collectively for all contractors who wanted to be represented. Now I have been...
  13. L

    Directors loan repayment rules and charges

    Hi All, Once again I haven't got clear info from my accountant regarding this and hence here is my simple question... I need to withdraw £5k from ltd company as a director. Company financial "year end": June 2012 As I understand, I need to pay back this loan in full before "Year end" + 9...
  14. J

    EMI Share Allocation Umbrella

    I have a friend who is inside IR35 and therefore cannot go the Ltd Company route... his new contract starts on Monday. I thought his only option would be to go to an umbrella company. But he has had a quote from someone offering an EMI Share Options umbrella solution... HMRC has this to say...

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