Do I need more bespoke tax services?

This is largely dependant on your circumstances. If you would like to discuss a more bespoke tax offering please contact WTT Consulting for further information at info@wttconsulting.co.uk or 020 7874 1572

Does Big Group represent both DOTAS and Non-DOTAS schemes

Yes, our work covers both variants.

How do I work most compliantly as a contractor with IR35 in mind?

The landscape for IR35 is constantly changing and with the introduction of IR35 into the public sector beginning in 2020, contractors must begin to prepare themselves. To begin you can visit our IR35 pages here which include our helpful videos on the matter

In addition, recent case law surrounding Personal Service Companies shows that running a ltd company as a contractor is perhaps not the safe and compliant route it has typically been considered to be. To discuss the expected pitfalls and new legislation with a member of the team to ensure your future planning is compliant please contact us.

I want to challenge HMRC’s demands but don’t want to do it on my own.

Depending on the demand you’ve received it is possible that WTT has already organised a group to defend HMRC’s assertion that tax is due. We currently manage groups of individuals defending tax demands from the following products, Contractor Loan Arrangements, Offshore Tax Structuring, Film Partnerships, Enterprise Investment Schemes (EIS), Enterprise Zones Trusts (EZT’s), Business Premises Renovation Allowance Schemes (BPRA’s), Property Syndicates, Share loss Schemes, EBT’s and Discounted Security schemes.

It is therefore likely that WTT is already working with a group on your scheme and you should not fear challenging the demand alone. Please contact us to find out more about our groups or find out more about challenging HMRC’s demands here.

I’ve been sent a demand to re-pay my loan, what can I do?

There are many unique differences between the various loan demands and the trust deeds which govern them. It is entirely likely that you are not along and WTT Big Group is already helping individuals in the same circumstances. To discuss this with one of the team please contact info@wttconsulting.co.uk or 020 7874 1572

I’ve received a Notice of Assessment demanding an amount I don’t think is due

Please visit https://www.wttconsulting.co.uk/#!notice-of-assessment/ezvom for further information

I’ve received an APN and I wish to challenge it

Please visit https://www.wttconsulting.co.uk/#!apn-service/dv0bv for further information

I’m unsure of my liability if I settle with HMRC, how do I work this out?

WTT offers potential clients a no-obligation review of their position which includes a free calculation of potential liability. To take up this opportunity please contact the team.

I’ve received a follower notice from HMRC and I don’t know what to do.

Receiving a follower notice and APN is a shock for many. It may come out of the blue and indeed we have seen follower notices arrive after ten years of inaction by HMRC. Dealing with the subsequent process does not need to be stressful and there are sometimes ways to challenge. You can find more information about challenging demands from HMRC here.

Is my scheme included in Big Group?

Please contact the team to understand if your arrangement is affected

My client has an outstanding enquiry with HMRC, how much information should I give?

This will largely depend on the type of enquiry received. For example, if a s.9a has been received this is a more informal request for information and we can therefore be more selective about the questioning. Conversely if a schedule 36 notice is received then failure to comply is met with penalties and so a fuller response is required to protect your client. It is recommended that you speak with one of our advisers who will be able to assist you further in drafting suitable responses and reviewing your drafts.

My end client has given me a contract to sign that makes me liable if my IR35 status is challenged.

The continuous changes that we’re seeing in the IR35 arena is causing confusion for all parties which is leading to ill-drafted contracts seeking to protect positions which are not appropriate. WTT Legal’s expert team spend significant time on contract negotiations between contractors and end-clients. For a no-obligation review of your contract please contact our legal team.

My scheme operator has demanded I repay a loan from years ago. What can I do?

It is becoming more and more common that trustees and scheme operators are recalling loans received many years ago in an effort to legitimise the schemes they marketed following new legislation and precedent. These demands can be terrifying, but commonly lack substance and can be defended easily. WTT has successfully defended a number of these demands to date and we are confident that we have arguments for the vast majority of contractor loan arrangements.

Please contact us immediately if you receive a demand of this nature.

What is my maximum possible liability?

Whilst not a very easy discussion to have, we often hear from contractors wanting some clarity on which aspects of their employment income can be claimed back by HMRC, along with how they can identify a worst possible amount at stake. To discuss this with one of the team please contact info@wttconsulting.co.uk or 020 7874 1572