Can anyone advise me please. I was mis sold storage pod of £15,O00 with Store First by an unregulated London Broker. Ignorance is costly! They are being investigated by the Serious Fraud Office and there is a petition in the High Court to wind them up. (Lots on the internet about this).
I suspect they were always a Ponzi scheme. I can't sell my assets and it has produced no income in years. There are hundreds of people like me who have worthless pods that they cannot get rid of yet at present Store First are still trading. Last year i paid CGT Of £27,000 on the sale of a second home that I had owned since the 1990's. Other than that I can't see me making any capital gains as my savings are in a savings account.is there anyway I can offset the loss of the pod against my CGT return of last year. I have proof that no returns from Store First were paid in 2015,16 and 17 and that attempts to sell the pod over the last three years have failed. My concern is that I won't be able to claim anything until Store First is wound up by the courts which could take me beyond any date when I might have been able to make a claim. This is a totally new area for me. If anyone can help I would be grateful. I'm a pensioner with adult disabled children. This was supposed to be a nest egg with promised regular income for them.
- Home
-
Tax News
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice and Methods
- Professionals in Practice & Industry
- General
- TaxationWeb
-
Tax Articles
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings and Investments, Pensions and Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice & Methods
- Professionals in Practice & Industry
- General
- Tax Tips
-
Tax Forum
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations and Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practices & Methods
- Professionals in Practice & Industry
- General
- Tax Jobs
- Get in Touch