The Property Planet

Making a Claim Against a Scheme Promoter - Don't Miss the Boat

December 01, 2023 Simon Howley ATT (Fellow), CTA, ATA, AFA, MIPA and Amanda Perrotton LLB TEP Solicitor Season 1 Episode 24
The Property Planet
Making a Claim Against a Scheme Promoter - Don't Miss the Boat
Show Notes

In this podcast episode, Simon Howley ATT (Fellow) CTA ATA AFA MIPA and I are joined by Richard Gray Barrister and Ruby Keeler Williams to discuss how Elysium Law can help you recover your costs, lost fees, and interest from a scheme promoter who has provided potentially negligent advice.  But time is ticking. 

Given HMRC have taken the unusual step in publishing Spotlight 63 and are now sending out nudge letters, information is in the public domain that you are obliged to act upon.  Adopting a 'wait and see' approach is not an option.  HMRC is very slow and cumbersome and may take many years to contact all landlords caught up in this mess. And for those that have done nothing the penalties will be severe.   

You only have 6 years to begin litigation for recovery of your losses.  That seems like a long time, but your matter needs to be reviewed, the evidence collated and the protocols followed.  This takes weeks and months.  So the take away from this episode - Act Now!

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