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Edge group litigation lost at FTT

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    Edge group litigation lost at FTT

    Heard from a former colleague that Edge lost their appeal at the FTT.

    Apparently, their main argument was that, yes, the loans were remuneration but that UK agencies should have paid the tax & nics through PAYE.

    That's all the info I have.
    Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

    #2
    Originally posted by DealorNoDeal View Post
    Heard from a former colleague that Edge lost their appeal at the FTT.

    Apparently, their main argument was that, yes, the loans were remuneration but that UK agencies should have paid the tax & nics through PAYE.

    That's all the info I have.
    So the agencies should pay now?

    Comment


      #3
      Originally posted by BrilloPad View Post
      So the agencies should pay now?
      No, it appears they lost the argument that the agencies should pay. I'm guessing this means the users are liable.
      Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

      Comment


        #4
        We're still waiting for the full decision to be published.

        As with all such schemes, there are layers of complications and to reduce the win/loss to a simple statement will leave out some elements.

        The agency argument was tested in more detail in other cases where we do not yet have the decision.

        I suspect that the argument may well be subject to factual history here.
        Best Forum Adviser & Forum Personality of the Year 2018.

        (No, me neither).

        Comment


          #5
          Originally posted by DealorNoDeal View Post
          No, it appears they lost the argument that the agencies should pay. I'm guessing this means the users are liable.
          So the Agency argument (for that is what I think it was called on here) was rejected in this case..
          merely at clientco for the entertainment

          Comment


            #6
            Interesting. Edge ceased to exist and became Redstone aroudn 2011. Anyone who used Edge pre 2011 used EBT's and were issued with APNs.

            So are you saying this is Redstone (post 2011 roughly) or is this Edge up to 2011.

            Comment


              #7
              Originally posted by eek View Post
              So the Agency argument (for that is what I think it was called on here) was rejected in this case..
              From what webberg said above, it sounds like more groups are jumping on this bandwagon.

              That probably means HMRC will throw everything at it to stop it succeeding.
              Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

              Comment


                #8
                Originally posted by lowpaidworker View Post
                Interesting. Edge ceased to exist and became Redstone aroudn 2011. Anyone who used Edge pre 2011 used EBT's and were issued with APNs.

                So are you saying this is Redstone (post 2011 roughly) or is this Edge up to 2011.
                Edge. I know it included 2009.
                Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

                Comment


                  #9
                  Originally posted by eek View Post
                  So the Agency argument (for that is what I think it was called on here) was rejected in this case..
                  As I said, I suspect that this a lot more complex than it appears.

                  Also a loss in FTT is hardly fatal (unless the money runs out).
                  Best Forum Adviser & Forum Personality of the Year 2018.

                  (No, me neither).

                  Comment


                    #10
                    Originally posted by DealorNoDeal View Post
                    Edge. I know it included 2009.
                    HMRC issued APNS to all scheme users as far as I am aware.

                    Is this FTT then just to solidify that. I mean an APN is just a payment on account so the result if it was final is not going to bring additional revenue for HMRC.

                    Comment

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