Search Results - Contractor UK Bulletin Board

Search:

Type: Posts; User: DealorNoDeal

Page 1 of 10 1 2 3 4

Search: Search took 0.00 seconds; generated 38 minute(s) ago.

  1. MAL Loans How very appropriate. Word Root...

    MAL Loans

    How very appropriate.

    Word Root Of The Day: mal | Membean
  2. Sticky: I'm a lot more hopeful for you than he is. :)

    I'm a lot more hopeful for you than he is. :)
  3. Replies
    1
    Views
    107

    It's not half as good as he thinks it is. YES...

    It's not half as good as he thinks it is.

    YES to brexit, YES to foreigners!

    https://www.contractoruk.com/forums/brexit/136082-30-000-a.html
  4. Replies
    26
    Views
    1,969

    * Nothing is ever 100% cast iron guaranteed...

    * Nothing is ever 100% cast iron guaranteed (especially when you're dealing with HMRC) but I think you are pretty much in the clear.
  5. Replies
    26
    Views
    1,969

    I bet the ones still selling schemes now will...

    I bet the ones still selling schemes now will also get away with it.

    The rules, and sanctions, for promoters are tougher than they were a decade ago, but I imagine they find ways around them.
  6. Replies
    248
    Views
    80,046

    Then it sounds like they're all open.

    Then it sounds like they're all open.
  7. Replies
    46
    Views
    1,351

    It isn't the temperature that's the problem. It...

    It isn't the temperature that's the problem. It definitely doesn't get as cold down here in the winter. But the wind and rain make it far from a pleasant climate. Although, as you say, not a...
  8. Replies
    248
    Views
    80,046

    As webberg says, no. However, you mentioned...

    As webberg says, no.

    However, you mentioned that you got APNs, which presumably you had to pay? HMRC can only issue APNs against open years, which does suggest that they previously opened your...
  9. Sticky: No problem. HMRC sometimes use the term...

    No problem. HMRC sometimes use the term "protected" for open years and "unprotected" for closed.
  10. Replies
    46
    Views
    1,351

    Your missus must either be a saint or stark...

    Your missus must either be a saint or stark raving mad. :laugh
  11. Replies
    26
    Views
    1,969

    I don't envy you trying to clear up the mess left...

    I don't envy you trying to clear up the mess left by this lot.
  12. Replies
    46
    Views
    1,351

    The southern Cornish coast is also described as...

    The southern Cornish coast is also described as having a "subtropical climate, exotic plants, Mediterranean feel". If you've lived there through a few autumns and winters, you know different.
    ...
  13. Sticky: Did HMRC ever write to you, after you submitted...

    Did HMRC ever write to you, after you submitted your tax returns, querying them? If not, the years would be closed.

    If you're not sure, you could always ask HMRC to provide evidence (copies of...
  14. Jibes about gold wheelbarrows every time you get...

    Jibes about gold wheelbarrows every time you get your timesheets signed off wears a bit thin after a while. Didn't stay at that gig very long.
  15. Replies
    565
    Views
    42,975

    Everything is :freaky: but, paraphrasing that old...

    Everything is :freaky: but, paraphrasing that old market adage, it can stay :freaky: longer than you can stay solvent.

    It should be quite interesting to see how this all plays out in the next year...
  16. Replies
    26
    Views
    1,969

    There's a surprise. I bet after they brought in...

    There's a surprise. I bet after they brought in APNs, DOTAS disclosures dried up completely.

    Scheme promoters were very adept at bypassing any new legislation that was brought in. Unfortunately,...
  17. Replies
    46
    Views
    1,351

    The Altantic weather systems conveniently skirt...

    The Altantic weather systems conveniently skirt the South West coast of Ireland, do they? :grin

    Don't tell me, it's known as the Irish Riviera.
  18. Replies
    248
    Views
    80,046

    If you have closed years, with non 3rd-party...

    If you have closed years, with non 3rd-party loans, then it's worth arguing that they are outwith the LC.

    For open years, as you say, removing the LC still leaves the underlying tax dispute, which...
  19. Replies
    26
    Views
    1,969

    Indeed. In fact, this might sum it up better. ...

    Indeed. In fact, this might sum it up better.

    "For the purposes of the loan charge, HMRC will consider a loan scheme as disclosed if you provided sufficient information in your return or...
  20. Replies
    46
    Views
    1,351

    I bet it's like where I live in the far South...

    I bet it's like where I live in the far South West. Wet & windy most days in autumn/winter. Gets a bit depressing after a few years.
  21. Replies
    14
    Views
    717

    If they want to encourage mass settlement, they...

    If they want to encourage mass settlement, they need to think outside the box, be radical and flexible.

    Eg. how about collecting it through a special tax code?

    Tax codes - GOV.UK
  22. Replies
    14
    Views
    717

    Not ignore but leave them "pending". They're not...

    Not ignore but leave them "pending". They're not breaking any statute if enquiries are left open for 20/30/50 years. I bet you have some members, who were in schemes in the early noughties, who have...
  23. Replies
    14
    Views
    717

    Yes, and if they're out for revenge, it will be...

    Yes, and if they're out for revenge, it will be all those who've escaped the LC who will be firmly in their sights.

    You're probably on their black list too as an "enabler" of the resistance. :grin...
  24. Replies
    46
    Views
    1,351

    I don't know if this is true or not but I heard...

    I don't know if this is true or not but I heard that the cost of living is much higher than the UK, and that the health care system is not even on par with the NHS. Don't people living near the NI...
  25. Replies
    26
    Views
    1,969

    +1 It's not obvious that even having a DOTAS...

    +1

    It's not obvious that even having a DOTAS number on the return would satisfy that.
  26. Replies
    14
    Views
    717

    OK, let's think about that. (Obviously the...

    OK, let's think about that.

    (Obviously the following only applies to open years. Once you've paid the LC for a closed year, that's the end of the matter.)

    Let's assume you pay the LC and then...
  27. Sticky: Presumably class 4 self-employed nics? ...

    Presumably class 4 self-employed nics?

    Unfortunately, I doubt you'd get much joy asking for a refund.
  28. But how does paying expenses, before tax, benefit...

    But how does paying expenses, before tax, benefit people? Answer: it reduces their tax burden. That's what the Govt has an issue with. Doesn't matter whether it's expenses or dividends, they don't...
  29. But this is also true if you settle. Remember,...

    But this is also true if you settle.

    Remember, there are only 3 choices available.

    1) settle now
    2) pay the LC now
    3) fight the LC and the underlying tax liability

    Even with (3) you may...
  30. Replies
    14
    Views
    717

    Why? In my example... Settlement of £200k,...

    Why? In my example...

    Settlement of £200k, even over the longest TTP HMRC will agree to, might be a financial ruin situation.

    Whereas, £100k LC spread over 3 years with possible further TTP,...
  31. Replies
    14
    Views
    717

    Both true. However, unless money is no...

    Both true.

    However, unless money is no problem, given the choice between paying £100k LC and £200k settlement, some may opt for the former. Even though they may have to come up with another £100k...
  32. HMRC/Govt don't have any issue with contractors...

    HMRC/Govt don't have any issue with contractors working through PAYE brollies.

    It's the reduced tax (& NI) of using a Ltd Co that they don't like. Simple as that.
  33. Replies
    46
    Views
    1,351

    NI or Republic?

    NI or Republic?
  34. Replies
    14
    Views
    717

    The LC is like a Payment on Account

    I don't know if HMRC regard the LC as a PoA but webberg has mentioned it a few times, and I'm not disagreeing.

    If it is like a PoA, then what's wrong with paying it (instead of settling) if it...
  35. As long as Jedi007 is fully aware that, if he...

    As long as Jedi007 is fully aware that, if he pays the LC, he might* have to pay more at some later date, then I can't see any harm in going down this route.

    * I guess you might take issue with my...
  36. Replies
    46
    Views
    1,351

    Nothing would persuade me to move there. The...

    Nothing would persuade me to move there. The weather is even sh!ttier than here.

    B&Q keeps trying to sell mole repellent to Northern Ireland | no moles in Ireland
  37. Sticky: I had to look up what that form is but yes, I...

    I had to look up what that form is but yes, I agree, if you submitted one of these each year and on time, it should count as full disclosure.

    I would have expected the filing of this form to...
  38. Sticky: You could try calling HMRC but I don't know...

    You could try calling HMRC but I don't know whether you'd get any sense out of them at the moment.
  39. As webberg says, paying the loan charge (LC)...

    As webberg says, paying the loan charge (LC) doesn't resolve the underlying dispute. (Settling, on the other hand, would put the matter to bed once and forall.)

    However... (and this is where he...
  40. Replies
    46
    Views
    1,351

    No, from what I've read none of these shop bought...

    No, from what I've read none of these shop bought repellers work very well. Mine is a DIY job, made from a very loud alarm siren.

    I got the idea from this guy who tried loads of things, including...
  41. Sticky: If the settlement was formally agreed (signed...

    If the settlement was formally agreed (signed etc) then you'll still have to pay the open year. They should rework your payment plan to exclude the closed years. Maybe they'll get around to doing...
  42. Replies
    46
    Views
    1,351

    The siren is keeping them away at the moment but,...

    The siren is keeping them away at the moment but, if they come back, the gloves will be off.

    From what I've read, it's quite hard to poison them because they only eat live worms and grubs.
  43. Replies
    14
    Views
    1,779

    Further evidence that HMRC deemed the year...

    Further evidence that HMRC deemed the year closed.

    I'm pretty confident you'll get the whole amount back. :smile
  44. Replies
    14
    Views
    1,779

    DavidA can't have received an APN because it was...

    DavidA can't have received an APN because it was a closed year settled by voluntary restitution and, besides, he did say "I'm not sure what an APN is". I think you'd know what an APN was if you'd...
  45. Replies
    14
    Views
    1,779

    Maybe the person, who is now dealing with it,...

    Maybe the person, who is now dealing with it, isn't aware of the "payment query" whatever that was.

    I'd just leave them to it and keep your fingers crossed that you get a refund.
  46. Replies
    14
    Views
    1,779

    Yes, but also very difficult for HMRC to re-open.

    Yes, but also very difficult for HMRC to re-open.
  47. Replies
    14
    Views
    1,779

    Open (protected) means HMRC wrote to you, after...

    Open (protected) means HMRC wrote to you, after you filed your tax return, opening an enquiry or raising an assessment. If the scheme was registered under 'DOTAS', they could also issue an APN for...
  48. Replies
    46
    Views
    1,351

    The Rodenator

    This looks like fun. :devil


    https://www.youtube.com/watch?v=CgztUzqaL3E
  49. Replies
    46
    Views
    1,351

    Classic!

    Classic!
  50. Replies
    46
    Views
    1,351

    We've got a cat, and there's a cat flap, but he's...

    We've got a cat, and there's a cat flap, but he's a wimp and hardly ever goes outside other than to pee and poop. It took us ages, after we got him, to ween him off the litter tray. On the plus...
Results 1 to 50 of 498
Page 1 of 10 1 2 3 4