Trust Help Line Loans!!!!!!!!!!!!!!!!!!!!!!!!! Trust Help Line Loans!!!!!!!!!!!!!!!!!!!!!!!!!
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  1. #1

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    1234 doesn't make much sense


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    Moving thread
    Last edited by 1234; 13th February 2019 at 22:40.

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    A bit dodgy is to get a loan without interest that won’t be paid off - if it’s done in lieu of normal salary then some would call it tax evasion

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    Quote Originally Posted by 1234 View Post
    Hi All,

    Has anyone had a letter from a company called Trust Help Line details in regards to the contractor loan charge 2019.

    Helpline Services Ltd is a limited company registered in England and Wales. Registered number: 11097772. Registered office: Suite 319-3, 1 Royal Exchange Avenue, London, United Kingdom, EC3V 3LT.​
    info@trusthelpline.com

    The letter is as follows:

    Your trustees have asked us to write to you with regards to their decision yesterday to change the presently favourable repayment terms from 95% written off to only 90% written off, for deeds drawn up after 1st March 2019. This will increase the repayment required from 5% to 10%.

    you will recall from our correspondence over the last year, you have outstanding loans in connection with providing your services through a contractor loans scheme. Following Parliament's decision to introduce the 2019 Loan Charge, the trustees have offered to release you from the loans. We have previously written to you with the trustees' offer of favourable terms. Getting your loans released may be helpful in your negotiations with HMRC. It also means that you can be certain you will never be charged interest, nor have repayment demanded in future.

    The trustees present offer is to write off 95% of the loan balance in exchange for a 5% repayment. There is also a £250 administration fee per trust. The offer has been extremely popular, with most of those receiving the formal offer documents accepting the terms. As a consequence, fewer trust beneficiaries remain to fund the ongoing costs of the operation. You are amongst this group. This has led the trustees to decrease the written off amount from 95% of the loans to 90%, with effect from 1st March 2019. This increases the amount that must be repaid from 5% of the outstanding balance to 10%.

    To benefit from the present favourable terms, so that you only need to repay 5% of the outstanding balance, please log into our portal now. You'll need to confirm your identity to us before we can share further personal financial information with you. Once you've done this, please indicate that you wish to obtain a deed of release. The deed is the legal evidence that your loans have been released and you have no further obligation to the trust. Further instructions will be provided at this point. You will need to obtain your draft deeds for signature on or before 1st March 2019 if you want to benefit from the present terms.

    ———————————————— —————————————

    I find this a bit dodgy as if you are already looking to settle with HMRC why would you pay the these guys again when you already paying the owed amount to HMRC. I did ask the whether the trustee still exist response Was that they don’t give out phones numbers and Sanzar Solutions Isle of Man Trust, and the trustees are professional independent trustees ltd, registered in Isle of Man.

    II FIND IT HARD THAT THE TRUSTEES STILL EXIST SURELY THEY ARE DEFUNCT AS I CANT FIND NO INFO ON THEM

    ———————————————— —————————————-

    Question if you looking to settle with HMRC can these sanzar trustee still come after you for money which was yours in the first place and can we ignore communication from this trust help line?
    I got this as well today in the email.
    I am settling with hmrc now and waiting for their terms and conditions which arent favourable to me..

  5. #5

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    Well, did u take up a loan from them? Seems like they loaned you some cash but out of goodwill want to just write it off?
    Vote Corbyn ! Save this country !

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    wrong forum if you want advice, you want the taxdodger's forum, three doors down, on the right

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    Quote Originally Posted by AtW View Post
    A bit dodgy is to get a loan without interest that won’t be paid off - if it’s done in lieu of normal salary then some would call it tax evasion
    But it might have been legal? We need Brillopad to explain the situation.
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    OP - head to the HMRC Scheme Enquires forum for sensible, non-critical advice.

    For general advice, more than one exclamation mark is always too many. One is often too many.

  9. #9

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    Quote Originally Posted by fullyautomatix View Post
    But it might have been legal? We need Brillopad to explain the situation.
    Before he left he said you were a twunt.

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