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

[GhostofTarbera]

Hi all,

Has anyone got an email from ETC Tax almost 2 weeks ago with the subject of "next Step"? They propose a fee, based on outstanding loans and and also letter from Barrister. Adding cost of these two is almost 18% of the fee if I settle with Felicitas based on 5%. What do you think? Is it wise i directly go and settle with Felicitas and not to pay 18% to ETC?
I appreciate for your guidance.

Thanks,
Safe

Perhaps ETC tax scammers are scamming The scammers of Felicitas

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[dammit chloe]

Perhaps ETC tax scammers are scamming The scammers of Felicitas

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Sent from my iPhone using Contractor UK Forum

You've had your free taste now it's time to pay like everyone else :-)

I don't think ETC are scammers at all, at some point action costs money. What I find strange is how often it's a percentage of the loan rather than fixed cost ( or even some other means ), the effort is the same. I do realise there may also be a case for each according to their exposure. It's a crapshoot and the sooner we have a turnkey system for taxes the better, but I won't hold my breath.

A decimation of the tax and accountancy sector would not bring a tear to my eye.

[stevematch]

Felcitas

What a strange question....

Agreed.

[DanJackiels]

Hi all,

Has anyone got an email from ETC Tax almost 2 weeks ago with the subject of "next Step"? They propose a fee, based on outstanding loans and and also letter from Barrister. Adding cost of these two is almost 18% of the fee if I settle with Felicitas based on 5%. What do you think? Is it wise i directly go and settle with Felicitas and not to pay 18% to ETC?
I appreciate for your guidance.

Thanks,
Safe

18% of the total value of your loans, or 18% of the settlement value that Felicitas have offered?! big difference and not easy to determine which you refer to from your post...
18% of 5% is just under 1%, and seems reasonable.

[Wtaf]

18% of the total value of your loans, or 18% of the settlement value that Felicitas have offered?! big difference and not easy to determine which you refer to from your post...
18% of 5% is just under 1%, and seems reasonable.

You don't have to pay either, but I'd trust ETC over those bloated leeches. I wouldn't pay Felicitas or Fiscus a penny.

[Safe]

18% of the total value of your loans, or 18% of the settlement value that Felicitas have offered?! big difference and not easy to determine which you refer to from your post...
18% of 5% is just under 1%, and seems reasonable.

It is 18% of 5%

[WoffleCopter]

Hasn't the 5% offer expired now anyway?

[Whowouldhavethought]

Felicitas portal

I stupidly registered and entered the portal a while ago, and revisited it yesterday, so thought I'd share what was there

- All the "evidence" they hold with regards to loan contracts and trust transfers
- Everytime you have logged in and downloaded the documentation
- All their correspondence with you

Also, there is an interesting chap in this video at 2:18 - Tax havens: How experts ease the way for wealthy fleeing overseas | News | The Times

[happychap]

Guess i'll be going to court soon then

I stupidly registered and entered the portal a while ago, and revisited it yesterday, so thought I'd share what was there

- All the "evidence" they hold with regards to loan contracts and trust transfers
- Everytime you have logged in and downloaded the documentation
- All their correspondence with you

Also, there is an interesting chap in this video at 2:18 - Tax havens: How experts ease the way for wealthy fleeing overseas | News | The Times

Wow, if they have all that info (Which off course is all legit) i guess I'll be getting an invite to court soon then.

Can't wait........

PS sarcasm

PPS noticed Whowouldhavethought you joined in May 2020 - are you Felicitas in disguise? do hope your not trying to scare people.......

[Whowouldhavethought]

Wow, if they have all that info (Which off course is all legit) i guess I'll be getting an invite to court soon then.

Can't wait........

PS sarcasm

PPS noticed Whowouldhavethought you joined in May 2020 - are you Felicitas in disguise? do hope your not trying to scare people.......

Nope, have just been pretty quiet until May. I wanted to share my experience of what's on the portal as I had seen a number of people reference it.

I didn't think morally corrupt people like Felicitas / Fiscus existed until all of this. I have always been very trusting, however, this has left me with a number of life lessons that I'll never forget!