Originally posted by Endangered Kiwi
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Ability of HMRC to enforce APNs in other countries
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I'm a bit confused by the above two posts.
Let's say you owe £120k, and arrange a TTP over 10 years (120 months).
How much would you have to pay each month? Presumably more than £1000/month, if interest keeps accruing on the unpaid balance.
Is the interest recalculated each month as the debt reduces?
If interest rates go up, does your monthly payment go up?Comment
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Admin...
Originally posted by bandemelbs View PostAsk admin here to grant you PM privileges. I’m interested to hear what you found out & can also share what I’ve been advised for a different country. Loan Ranger - what country is your friend in that you were referring to at the start of this thread?Comment
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Originally posted by Endangered Kiwi View PostI have sought legal advice in NZ and am happy to share that and the UK advisor's thoughts on that with any NZ residents caught up in this mess. Its always good to know you're not the only one. Not sure if I can pm yet as I have only just joined this forum after reading it on and off for a couple of years.Comment
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Originally posted by Kiwi2018 View PostPlease send me a PM if you can, would really appreciate a chat.Comment
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Originally posted by Endangered Kiwi View PostYeah no worries will message you once I am ableComment
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Originally posted by Endangered Kiwi View PostI have sought legal advice in NZ and am happy to share that and the UK advisor's thoughts on that with any NZ residents caught up in this mess. Its always good to know you're not the only one. Not sure if I can pm yet as I have only just joined this forum after reading it on and off for a couple of years.
I am in a similar position. NZ IRD called me a few weeks ago saying that HMRC had been in touch and wanted my details. I got a call last night form HMRC but didn't answer it - thought is was a spammer.
I have just joined the forum and don't have message rights yet so if there is any info you can share it would be much appreciated.
Cheers.Comment
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Originally posted by Oneroa View PostHi Guys,
I am in a similar position. NZ IRD called me a few weeks ago saying that HMRC had been in touch and wanted my details. I got a call last night form HMRC but didn't answer it - thought is was a spammer.
I have just joined the forum and don't have message rights yet so if there is any info you can share it would be much appreciated.
Cheers.Comment
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Originally posted by bandemelbs View PostWhy would NZ IRD bother telling you that HMRC wanted your details? And what details? Reading between the lines, I wouldn't be surprised if you are from HMRC.
They said that HMRC had put in a request for my details from the IRD and they called me to check that they had the correct phone number and address. The lady said that she had a lot of people that HMRC had requested data for. I am guessing that other people can confirm this as they may have also been called.
I also said that I would rather she didn't hand over my details and she appologised and said that they had an agreement in place to share information.
Happy to meet you in Oneroa (Waiheke Island, Auckland) for a coffee at Wai if you want proof I'm not with HMRC!Comment
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Originally posted by Oneroa View PostWow, I was not expecting that.
They said that HMRC had put in a request for my details from the IRD and they called me to check that they had the correct phone number and address. The lady said that she had a lot of people that HMRC had requested data for. I am guessing that other people can confirm this as they may have also been called.
I also said that I would rather she didn't hand over my details and she appologised and said that they had an agreement in place to share information.
Happy to meet you in Oneroa (Waiheke Island, Auckland) for a coffee at Wai if you want proof I'm not with HMRC!Comment
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