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Received letter from HMRC about "disguised renumeration"

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    Received letter from HMRC about "disguised renumeration"

    That says that i need to check my return for a previous year.

    "We are checking your return to see weather is should have included information about disguised remuneration loans"

    As far as i am concerned i havent done anything dogdy and never subscribed to any schemes whatsoever.

    I have compiled a folder with bank statements, contracts of employments, P60 and pay slips and i am about to send it to them. I am just freaking out though because they asked me if i now a specific company that i have traded with and i actually don't have a clue. Not in my books, no invoices or pay from them. Nothing. Could it be, someone could have been doing something dogdy on my name? I checked the company's name and it seems like a dissolved entity.

    Anyone else who is legit has received anything like this?

    #2
    Originally posted by Michail View Post
    That says that i need to check my return for a previous year.

    "We are checking your return to see weather is should have included information about disguised remuneration loans"

    As far as i am concerned i havent done anything dogdy and never subscribed to any schemes whatsoever.

    I have compiled a folder with bank statements, contracts of employments, P60 and pay slips and i am about to send it to them. I am just freaking out though because they asked me if i now a specific company that i have traded with and i actually don't have a clue. Not in my books, no invoices or pay from them. Nothing. Could it be, someone could have been doing something dogdy on my name? I checked the company's name and it seems like a dissolved entity.

    Anyone else who is legit has received anything like this?

    Others will have a view but always best to send as little as possible. It might be a fishing exercise. Remember they are short of resources so don't make life easy for them. Reply with the minimum within their time limits. If they have nothing, ask then to close their enquiry.

    Comment


      #3
      Originally posted by Not Losing Any Sleep View Post
      Others will have a view but always best to send as little as possible. It might be a fishing exercise. Remember they are short of resources so don't make life easy for them. Reply with the minimum within their time limits. If they have nothing, ask then to close their enquiry.
      They have nothing in my opinion.

      Can i just ask them to close it? Is it that simple? I have already sent them the information they asked for.

      Comment


        #4
        Originally posted by Not Losing Any Sleep View Post
        Others will have a view but always best to send as little as possible. It might be a fishing exercise. Remember they are short of resources so don't make life easy for them. Reply with the minimum within their time limits. If they have nothing, ask then to close their enquiry.
        That advice is being blunt, crap - we don't know enough to say anything like that yet.


        @Michail how have you been working in the past, through you own limited company or have you been working via an umbrella company(s). If you have been working via an umbrella company which ones.

        And what was the name HMRC are enquirying about.

        As for anything else - given that this may not be about a tax scheme but rather just an enquiry you should be posting this in the accounting / legal thread and passing the enquiry to your IPSE / QDOS tax specialist in the first instance.
        Last edited by eek; 8 December 2020, 19:18.
        merely at clientco for the entertainment

        Comment


          #5
          Originally posted by eek View Post
          That advice is being blunt, crap - we don't know enough to say anything like that yet.


          @Michail how have you been working in the past, through you own limited company or have you been working via an umbrella company(s). If you have been working via an umbrella company which ones.

          And what was the name HMRC are enquirying about.

          As for anything else - given that this may not be about a tax scheme but rather just an enquiry you should be posting this in the accounting / legal thread and passing the enquiry to your IPSE / QDOS tax specialist in the first instance.
          So i have been using my LTD company since 2014. Prior to that iPlan , PlanIT and Giant as umbrellas.

          the company that HMRC quoted is "Principal Contractors Limited"

          Actually there seems to be a thread here about them LINK

          Comment


            #6
            Originally posted by Michail View Post
            So i have been using my LTD company since 2014. Prior to that iPlan , PlanIT and Giant as umbrellas.

            the company that HMRC quoted is "Principal Contractors Limited"

            Actually there seems to be a thread here about them LINK
            Actually i just saw you inquired about them in the past...this is getting weird now

            Comment


              #7
              Originally posted by Michail View Post
              They have nothing in my opinion.

              Can i just ask them to close it? Is it that simple? I have already sent them the information they asked for.
              I missed the fact you've sent them stuff already without passing it to an expert to deal with.

              So this an historic inquiry about loans that weren't disclosed by the deadline of September 30th (hardly surprising given that you don't seem to believe you had any).

              I would just wait and see if you get a response and if you haven't heard anything in January chase them up.

              However for others reading this don't send stuff to HMRC before checking what with an expert what you should send.

              Originally posted by Michail View Post
              Actually i just saw you inquired about them in the past...this is getting weird now
              Hardly, just means someone posted about them back in 2013 and we picked them up as dodgy immediately. Their linkedIn page is dead but may be helpful https://www.linkedin.com/company/pri...limited/about/ as might https://www.contractoruk.com/forums/...-trustees.html and https://www.contractoruk.com/forums/...cl-please.html

              They were an IoM company so it's why obvious searches on companies house won't pick them up.
              Last edited by eek; 8 December 2020, 20:13.
              merely at clientco for the entertainment

              Comment


                #8
                Thanks...

                It just doesn't make any sense! I never traded with them. Will need to speak to HMRC again..

                Comment


                  #9
                  Other people, who've had absolutely nowt to do with schemes, have reported getting queries from HMRC about loans.

                  I don't know where they get their "intelligence" but it seems you can end up on the naughty list by mistake.
                  Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

                  Comment


                    #10
                    Originally posted by eek View Post
                    I missed the fact you've sent them stuff already without passing it to an expert to deal with.

                    So this an historic inquiry about loans that weren't disclosed by the deadline of September 30th (hardly surprising given that you don't seem to believe you had any).

                    I would just wait and see if you get a response and if you haven't heard anything in January chase them up.

                    However for others reading this don't send stuff to HMRC before checking what with an expert what you should send.



                    Hardly, just means someone posted about them back in 2013 and we picked them up as dodgy immediately. Their linkedIn page is dead but may be helpful https://www.linkedin.com/company/pri...limited/about/ as might https://www.contractoruk.com/forums/...-trustees.html and https://www.contractoruk.com/forums/...cl-please.html

                    They were an IoM company so it's why obvious searches on companies house won't pick them up.
                    Its a Knox House/Barrowman outfit by the look of it. I'll do some IOM searches a little later.

                    Comment

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