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Hamilton Rose LC

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    #11
    Originally posted by administrator View Post
    Hi All,

    Sorry for the delay posting - was checking with the mods in case they were aware of something that we weren't and explaining CUK's position.

    The people running Hamilton Rose have a very credible background in tax investigations and have been using the forum for many years to discuss what they plan to do. The banners are adverts, they are not a recommendation - in the same way that the ads for accountants and umbrella companies are - we are not telling people to use any of the services we host adverts for, it is always down to the individual to complete their own due diligence and to decide if a service they have seen is right for them.

    We have other providers posting here that offer the same sort of service - the posts on the forum from webberg and Phil aren't recommendations either but we allow them to post so running ads for an equivalent service to me is a non-issue.

    Having read their site through though I am not convinced that they are any different to Big Group, Phil Manley Tax etc - these firms are all selling a potential solution. One of the main points to consider on the HRLC site for me was:


    "It is very likely that HMRC will not agree with the filing position. However, HRLC consider that the position is defendable and will, at the very least, provide you with a significant cash flow advantage. We have excellent prospects of success through the courts, if required."


    The cash flow advantage for some - putting off the charges while they sort out the means to pay or whatever - might well be worth the outlay for some.

    Like all services whether it be a Ltd Co accountant, a book-keeper down the road or a tax advisory service like this one - check the terms, check the costs, read up on the subject and make your own mind up. If we don't allow these ads on the forum then really we should stop all firms posting who are offering solutions to the loan charge predicament as none that I have seen have given a water-tight guarantee that they will be successful.

    If anyone has any feedback or information about this firm or any other they can post freely here or email editor @ contractoruk.com if they would prefer to remain anonymous. The security and safety of our readers is of the utmost importance to us and if we thought this company were simply scammers who had no chance of helping people then we would not have accepted their ads.

    Cheers,

    Admin
    Disgusted.

    Comment


      #12
      Originally posted by administrator View Post
      The cash flow advantage for some - putting off the charges while they sort out the means to pay or whatever - might well be worth the outlay for some.
      It looks like Admin's account has been hacked.

      Comment


        #13
        Originally posted by Iliketax View Post
        It looks like Admin's account has been hacked.
        From an Isle of Man IP address.
        Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

        Comment


          #14
          Originally posted by Delendog View Post
          I agree with Phil here. At best a cash flow advantage is being used to cover their position in my opinion hen HMRC come knocking. Looking at the HR website they are also charging 5% of loan value - is it more work for them if you have £50K of loans or £100K ....... 5% is also a huge dent in any "cash flow advantage" .
          Isn’t it 3%? Which is significantly less that 5% and shed load less than 45%????

          Comment


            #15
            Options???

            Originally posted by yeahitsphil View Post
            My plan and has been for months and clients will agree, is that IM WORKING FOR FREE, with no ongoing payments, and when asked assisting APPG if they ever want advice. Reason I do that is because the only way to change the law which has already occurred (on 5 April 2019) is well.....to change the law via MPs in parliament.
            Thanks Phil, it means a lot having some who fundamentally misunderstands the position fighting our corner...

            I don’t know these guys, they’re all the same, but this do appear to be an option. And options are things that are in very short supply at the moment...

            Can you really see the law being changed given the country is currently printing money like it’s going out of fashion? Someone has to pay and we’re first up on the chopping block...

            What is your plan B Phil??

            Comment


              #16
              Originally posted by yeahitsphil View Post
              Perhaps they forget that the disclosure plan is devised by RVQC who as it happens messed up the JR and if that hadn't messed up then he wouldn't have been able to sell this plan to HR and make another quarter Mill and also....
              He is also the guy who designed/QC approved K2 and several other schemes...

              Comment


                #17
                Originally posted by Quicksand View Post
                Isn’t it 3%? Which is significantly less that 5% and shed load less than 45%????
                Whether one pays £50 or say £500 it makes no difference as its still being sold a pipe dream which if anything will only increase the purported liability due to penalties and interest. There is no winning outcome to be found with this so called 'option'. People would be better off buying a lottery ticket and hoping the euromillions kick in.
                If I was to become a scumbag and suddenly offered some magic beans for sale which would magically remove the LC I honestly think, due to the very understandable desperation that people are feeling, I could be a millionaire within a month. I wont though as im not. Please don't fall for those that are. Of course people are free to disagree but I have zero reason to say this other than 20 years of tax experience, being as qualified as its possible to be in such and having worked in that particular world of dirt for so long.

                Comment


                  #18
                  Originally posted by yeahitsphil View Post
                  Of course people are free to disagree but I have zero reason to say this other than 20 years of tax experience, being as qualified as its possible to be in such and having worked in that particular world of dirt for so long.
                  Fully respect you and thank you for all your help... I’m slightly lost tho as I can’t find your name as a CTA member, which is the top tax qualification in the U.K. Perhaps I’ve spelt your name wrong - apologies... just getting very sceptical in my old age and like to know peoples credentials and fact check everything - too many people taking hints from Trump...

                  Comment


                    #19
                    Originally posted by Quicksand View Post
                    Thanks Phil, it means a lot having some who fundamentally misunderstands the position fighting our corner...

                    I don’t know these guys, they’re all the same, but this do appear to be an option. And options are things that are in very short supply at the moment...

                    Can you really see the law being changed given the country is currently printing money like it’s going out of fashion? Someone has to pay and we’re first up on the chopping block...

                    What is your plan B Phil??

                    Phil??

                    Comment


                      #20
                      Originally posted by yeahitsphil View Post
                      Whether one pays £50 or say £500 it makes no difference as its still being sold a pipe dream which if anything will only increase the purported liability due to penalties and interest. There is no winning outcome to be found with this so called 'option'. People would be better off buying a lottery ticket and hoping the euromillions kick in.
                      If I was to become a scumbag and suddenly offered some magic beans for sale which would magically remove the LC I honestly think, due to the very understandable desperation that people are feeling, I could be a millionaire within a month. I wont though as im not. Please don't fall for those that are. Of course people are free to disagree but I have zero reason to say this other than 20 years of tax experience, being as qualified as its possible to be in such and having worked in that particular world of dirt for so long.
                      If anyone wants to take a high risk/reward punt on something with better odds than either Hamilton Rose or the lottery, I'm happy to offer suggestions. Bitcoin would be an obvious one.
                      Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

                      Comment

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