HMRC settlement Deadlines/delays and the LC HMRC settlement Deadlines/delays and the LC - Page 40
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  1. #391

    Nervous Newbie


    Join Date
    Mar 2019
    Posts
    19

    Default

    Quote Originally Posted by MyxALot View Post
    So you’re advocating committing fraud to secure a loan to pay the LC/settlement figure?
    That is what HMRC are advocating.

  2. #392

    Nervous Newbie


    Join Date
    Jan 2018
    Posts
    8

    Default CL5a form

    Have received the CL5a form in the settlement back along with my figures.
    does signing it and sending back oblige me to settle?

  3. #393

    Nervous Newbie


    Join Date
    Dec 2018
    Posts
    2

    Default My Settlement LC

    I have had IQ since Nov 2015 till Aug 2017 approx. I got abt £36k+interest to pay and still waiting to negotiate. I get letters from HMRC only 60 mths. I have 2 heart attacks now and i dont know where i am going to get this payment as I have 3 mouths to feed as well. Looking more like June 2019 latest I will need to declare bankrupt as i got my other bills,cc's etc to settle. This has really got me down so bad never felt like this before in my life. im cleaned out. Hope some of you do better...

  4. #394

    Super poster


    Join Date
    Dec 2014
    Location
    WTT Consulting Ltd - London and online
    Posts
    2,763

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    Quote Originally Posted by untame274 View Post
    I have had IQ since Nov 2015 till Aug 2017 approx. I got abt £36k+interest to pay and still waiting to negotiate. I get letters from HMRC only 60 mths. I have 2 heart attacks now and i dont know where i am going to get this payment as I have 3 mouths to feed as well. Looking more like June 2019 latest I will need to declare bankrupt as i got my other bills,cc's etc to settle. This has really got me down so bad never felt like this before in my life. im cleaned out. Hope some of you do better...
    You need to contact LCAG and speak to their counsellor.
    Best Forum Adviser & Forum Personality of the Year 2018.

    (No, me neither).

  5. #395

    Nervous Newbie


    Join Date
    Jul 2018
    Posts
    18

    Default

    Quote Originally Posted by untame274 View Post
    I have had IQ since Nov 2015 till Aug 2017 approx. I got abt £36k+interest to pay and still waiting to negotiate. I get letters from HMRC only 60 mths. I have 2 heart attacks now and i dont know where i am going to get this payment as I have 3 mouths to feed as well. Looking more like June 2019 latest I will need to declare bankrupt as i got my other bills,cc's etc to settle. This has really got me down so bad never felt like this before in my life. im cleaned out. Hope some of you do better...

    Please contact ‘LCAG HELP’ to 81025 and a member of their team will call you back -

  6. #396

    Nervous Newbie


    Join Date
    May 2018
    Posts
    14

    Default

    Quote Originally Posted by here4beer View Post
    I've said you're not allowed too, but you can borrow money to buy a new bathroom... I only enquired with my bank Santander as I wanted an interest rate, I've never needed to borrow money before. They're rate was 3.5% vs HMRC's rate of 4.25%. I went with HMRC TTP as I didn't want them to think i've just pulled £100k out of no where, which is what a personal loan might have looked like.
    HMRC don't give a damm where you get the money from as long as it's legal.

  7. #397

    Still gathering requirements...


    Join Date
    May 2018
    Posts
    60

    Default

    I'd rather give my money to LCAG than HMRC. They've been infinitely more helpful, despite hmrc saying they are here to help us (!).

    The only way we can beat this unfair retrospective tax is by fighting together on this. To that end, lcag have started a crowd justice fundraiser here:

    Fight Unjust Government Retrospective Laws - Before They Impact You

    Even if you can't donate anything, have a read and get onto LCAG. They're a good bunch of people and everyone is in the same boat as most of us reading here.

  8. #398

    Still gathering requirements...


    Join Date
    May 2018
    Posts
    60

    Default

    Dupe.

  9. #399

    Should post faster


    Join Date
    Oct 2018
    Posts
    147

    Default

    Quote Originally Posted by AVFC View Post
    HMRC don't give a damm where you get the money from as long as it's legal.
    Maybe so, but I don't want them to think I've just found 100k laying about. At least TTP backs up my argument "I don't have any money".

  10. #400

    Still gathering requirements...


    Join Date
    Nov 2014
    Posts
    43

    Default

    Quote Originally Posted by here4beer View Post
    Maybe so, but I don't want them to think I've just found 100k laying about. At least TTP backs up my argument "I don't have any money".
    HMRC might not care where the money comes from, but your bank will care about why you borrowed it, if you default etc. Quite right to go for TTP over a personal loan.

    I also recommend joining LCAG for anybody reading. They are supportive and taking positive action against the Loan Charge. Lots of people in the same boat and sharing ideas. Talking with others there has personally helped me with my stress levels.
    Last edited by NeedTheSunshine; 25th March 2019 at 12:25.

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