HMRC & Settlement

[ChimpMaster]

How long after sending the email (for registration on CLSO2) should one expect a response from HMRC?

[phil@pmtc]

How long after sending the email (for registration on CLSO2) should one expect a response from HMRC?

Seems to vary from a matter of days to a few months! I expect the delays are going to continue to increase as we reach the deadline.

[jbryce]

Time To Pay...one for you Phil...

If we pay the LC then when would HMRC expect payment?
What period would one (realistically) get as a TTP for the LC?
Could one argue with HMRC to align settlement with these dates?

[LandRover]

How long after sending the email (for registration on CLSO2) should one expect a response from HMRC?

Unfortunately HMRC have no reason at all to speed along and process the thousands of enquiries they have. No other organisation gets rewarded for piss poor service like HMRC, as for everyday that passes by they will add interest onto your liability. Its perverse and morally wrong that this is allowed.

[demby]

How long after sending the email (for registration on CLSO2) should one expect a response from HMRC?

18 weeks and counting

[ChimpMaster]

18 weeks and counting

Are you sure you're registered?

And what if they don't respond by May 31st, the deadline?

[webberg]

Are you sure you're registered?

And what if they don't respond by May 31st, the deadline?

HMRC don't need to respond by then.

So long as you can prove you have registered an interest, you have met the criteria.

[regron]

You should receive a unique reference number along with your settlement pack, so I would ensure you have one of those for 100% certainty.

[ChimpMaster]

You should receive a unique reference number along with your settlement pack, so I would ensure you have one of those for 100% certainty.

The guy above has been waiting 18 weeks for this!

The email does return an automated message with some kind of unique reference number, but it's not clear that this means HMRC will have registered that person.

[Vincenth1]

Vanquish Option

I spoke to their rep today. She apparently couldn't tell me how many people had signed up, but said it was quite popular giving a range of options as to why from being the cheapest, people not willing to cave in, to feeling that they have no other option. I asked her why 5% and all she could say was it is the providers fee. I asked her about the level of risk, she seemed a bit thrown by that, but did acknowledge that the 'alternative lending option' with 'complex' mechanics, could leave you open to further challenge down the line, so felt like it was kicking the problem down the road and admitted that HMG could pass another piece of legislation to counter this in the future. I've also heard talk of possible further very hefty penalties being dished out with these sort of options i.e. 60%. So, this feels high risk to me and not for the faint hearted. She said there was a £250 engagement fee, followed by a down payment between £500-1000 in Oct, followed by the rest of the 5% in Jan, but you could spread the payments, with the usual interest I'm guessing. No refund clauses allowed in the agreement. I got the impression that she saw me as being too cautious for this, based on the questions I was asking.