Updating post from Reddit.
Does anybody know what is going on these days with this company? I can't see any recent updates
I actually went to one of their talks at the landlord investment thing; and it just screamed tax avoidance, same as company’s calling up my other business claiming ’taxback’ for research and development
Just get a good accountant and pay your taxes, if someone is telling you something is too good to be true let’s be honest when it comes to tax it probably is!
Didn't hmrc state it was tax avoidance and they will be chasing anyone involved?
I can not find LT4L on The List but Property118 is on the Current list of named tax avoidance schemes, promoters, enablers and suppliers.
They've stopped taking new clients and are now directing potential marks, er, I mean customers to One Consultancy Solutions LTD a company incorporated 2 days after the HMRC deadline for LT4L clients to disclose their tax arrangements.
https://find-and-update.company-information.service.gov.uk/company/15462247
ETA: Malcolm Keith Rose is a Director of both companies. In fact he's a Director of a bewildering number of companies. He must be a very busy man: https://find-and-update.company-information.service.gov.uk/officers/SAmV2ht7kP7KbQL2v6kFRePNLCo/appointments
Did you use there services? If so I would recomend not waiting for any 'updates' from them before taking action by engageing a proper tax adviser to put you in a better position.
The last i heard NRLA made excuses for partnershiping with them. There is a group of landlords coming togeter to take action gainst LT4L.
I follow the Dan Neidle stuff quite closely. There are reviews ongoing and it's likely to me at least that there will be action taken and arrangements unwound with liabilities and penalties. It's hard to see otherwise.
But at the same time the schemes were atrocious and weak. Anyone in them was either stupid or naive in thinking things like this never get looked at. They're scams pure and simple.
Stick with it