It's certainly strange, as there should be nothing stopping them issuing Form 5 and then chasing claims & issuing the final dividend. Mark
Hi mondayblues I suspect your trustee was offering advice on to try & keep the finance balanced through the trust deed period as there are no regul...
The belts and braces approach would to to keep it under the £3k limit, but TDA is correct, probably best to run this past the trustee. ( the idea I me...
If the contributios are paid and the only matter remaining is the equity, then this should have no effect on the better paid job. It only means that ...
Hi helpplease This is not the actual trust deed documents you are signing, just the initial paperwork. As detailed above, it is important that t...
It certainly sounds like it's a creditors circular which has been forwarded. It is normal practise to have 'For Information Only' within the referenc...
Hi helpplease In termsd of the new(ish) guidance, the position with equity needs to be assessed and agreed at the start. If there is no equity as ...
Hi Molly Sorry, can you confirm that all payments have been made. From your last post it reads as though the trustee is taking a fee from creditors...
Hi Molly2004 The trustee will be looking to engather the full amount agreed at the start of the trust deed. Normally if there are arrears, then the...
Hi Amerififer It does sound strange. Probably the best idea would be to ask them for a full accounting of all payments received since the start of ...
Hi Amerififer I think the easiest way to look at it will be to take the total arrears as at today's date and divide them by the contribution amount...
Hi hey joe ( doesn't quite sound right!) The normal way to look at the expenses would be to do a pro rata split. However there should be nothing to...
Hi upstream Loking at the dates, the Trustee would have been discharged by the time he would have received the letter. I would agree with plasticd...
Glad it's all worked out. I know the big thing is seeing it recorded in the ROI, however having an actual paper copy is always good to have. Mark
Hi Pinalta Form 5 came into existence only after the 2008 Regs. The process pre 2008 did not include Form 5. Or 6 or 7. Mark