What it’s like dealing with Dan Neidle

What it’s like dealing with Dan Neidle

10:35 AM, 13th October 2023, About 7 months ago 32

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I have always stood up to bullies and have a reputation for integrity and winning legal battles. The legal case that stands out above all others is Mark Alexander (representing Property118 Action Group) vs West Bromwich Mortgage Company at the Court of Appeal. Feel free to Google it if you’re not familiar. Needless to say, we won a monumental battle for landlords. I have proudly posted the video we released shortly after the hand-down of that judgement at the foot of this article. I was also rewarded later that year by becoming the first and only ever winner of the Lifetime Achievers Award at the Property Investor Awards, which Property118 now are proud to be the 2023 Media Sponsors for the first time.

The reason I created Property118 back in 2010 is the same today as it was back then; “to facilitate the sharing of best practice within the Private Rented Sector”.

Until today I was unable to speak out about Dan Neidle for legal reasons; but as of now I am unchained and the muzzle is off.

Inconvenient truths (for Dan Neidle and Tax Policy Associates Limited)

Neither Dan Neidle nor any members of his support team are regulators, nor do they have any regulatory powers whatsoever!

Dan Neidle presents himself as entirely independent, but the individuals comprising his support network wield considerable influence over him and exhibit a level of independence that is virtually nonexistent. He rarely names his team in his articles, but where he has done so it becomes very clear from a few quick Google searches that they are our direct competitors and probably regard us with the same contempt as many London Taxi drivers have for Uber drivers.

Even Dan Neidle’s initial approach to me (July 2023) was extremely antagonistic. On two separate occasions, he refused offers to meet with him and his team on a Zoom call to discuss his/their concerns reasonably. In my final attempt to placate him, I sent redacted correspondence with HMRC relating the incorporation of a property rental business Partnership where the Substantial Incorporation Structure had been utilised. HMRC had agreed the transactions had been dealt with correctly and that no amendments were required to the tax returns of the business owners. The response to this from Dan Neidle was a demand for information he knew that I could not provide for a whole host of legal reasons, a request I promptly denied. He then issued a warning, stating that if I refused to answer his tax-related questions he would proceed to publish a damaging article aimed at undermining the reputation of my business, particularly within the tax industry. He has since followed through on that threat relentlessly.

Dan Neidle and his team transcend tax policy analysis; they actively pursue a ruthless character assassination campaign. They have meticulously dissected my Social Media profile, searching for any morsel they can twist to discredit me, irrespective of whether it is tax-related or not. Each distorted allegation results in exorbitant legal fees required to prove my innocence, only for them to further twist the facts. Neidle is acutely aware that embarking on a libel lawsuit would demand an unreasonable investment of time and money, with a meager chance of recovering a fraction of the expenses should I emerge victorious. Adding insult to injury, the knowledge that my painstakingly built personal credibility, cultivated over a lifetime, is being utterly annihilated underscores the gravity of this character assassination.

Dan Neidle is still a solicitor and I believe he has broken several of the Solicitors Code of Conduct Principles in his highly unprofessional attack, which I have reported to the Solicitors Regulatory Authority, namely:-

  • SRA Principle 1, “in a way that upholds the constitutional principle of the rule of law, and the proper administration of justice”
  • SRA Principle 2, “in a way that upholds public trust and confidence in the solicitors’ profession and in legal services provided by authorised persons.
  • SRA Principle 4 and 5, the need for honesty and integrity

Dan Neidle published the advice of a Tier 1 Kings Counsel, flouting copyright and confidentiality rules. He also published confidential correspondence from our solicitors, but the images he used on his website were carefully chosen snippets to imply an entirely different meaning to suit his own narrative, claiming he was SLAPPed. The unredacted version of the letter our solicitors sent to him can be viewed by clicking on the image thumbnails below.

We took the advice of leading counsel, Felicity Cullen KC, who was selected solely by our solicitors, and has since been announced as the 2023 winner of the Legal 500 top silk (taxation). Nevertheless, Dan Neidle dared to attempt to call her credibility and impartiality into question, along with that of our solicitors.  Our Solicitors letter to Dan Neidle in this regard can be viewed by clicking on the image thumbnails below.

Dan Neidle appears to have deliberately conflated his attack on us with HMRC’s spotlight 63. However, regular readers of Property118 will be aware that we issued detailed reports of the abuse of Hybrid LLP’s back in May this year, after being approached for advice by numerous clients of several firms we chose not name and shame. We first issued Warnings about the abuse of Hybrid LLP structures as far back as 2018.

I ask myself the question; might Dan Neidle “being ashamed” of how much money he earned from advising on tax also have something to do with his attacks on me? If not, what other motives are driving his behaviours that are so unbecoming of a person of his former status?

Thank You’s and Call To Action

I have been overwhelmed by the level of support that we have received from existing clients, their professional advisers and everyone who understands the structures and strategies we recommend.

It has been surprising to me the number of practicing Chartered Tax Advisers, Barristers and other professionals who have reached out privately to express their personal support, identifying the same flaws in Dan Neidle’s tax analysis as we did, but who are reluctant to speak out about this publicly. Perhaps this is because they are fearful of putting a target on their own backs. In the past, Dan Neidle’s response to protesters has been to raise complaints to their professional bodies. This has resulted in his dissenters concluding that raising their opinions publicly could result in damage to their own practices and reputations. They do not have unlimited time and financial resources to defend themselves. On the other hand, Dan Neidle is retired and claims to have all the time and money to be able to say whatever he wants.

We have faith in the law the regulatory bodies and more importantly the spirit of open debate and the truth.

In light of the revelations made in this article, I now expect far more Property118 clients, their professional advisers, Property118 Ambassadors and others who are equally appalled at the behaviour of Dan Neidle and the Tax Policy Associates team to flood Social Media with links to this article and comments expressing their views, where they feel empowered and bold enough to do so. Please remember to @DanNeidle if you use Twitter. I also anticipate the SRA receiving many more professional conduct complaints about Dan Neidle’s activities.

Reminder

Not a single instance of any of the detriments predicted in Dan Neidle’s articles has ever happened in nearly 8 years on the structures we recommend. We estimate 15,000+ personal and corporate tax returns have been filed by clients who have used the Substantial Incorporation Structure.

Our paramount commitment is to provide outstanding service to our valued clients and meeting the stringent requirements set forth by our clients, their lenders, and HMRC. These entities hold us accountable, and our longstanding track record of ensuring their absolute satisfaction is a testament to our ongoing commitment.

 

Property118 Action Group from Mark Alexander on Vimeo.


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Comments

Sheridan Vickers

15:43 PM, 12th October 2023, About 7 months ago

Well done !

Shinh

16:03 PM, 12th October 2023, About 7 months ago

Nice

JB

16:18 PM, 12th October 2023, About 7 months ago

Good work!

Smiley

16:35 PM, 12th October 2023, About 7 months ago

Just fantastic, many of us will understand getting private messages of support when on a rightful crusade but left to wonder when it comes to a public debate lol

For me always a pleasure to give ya my full support, if I see the thread. Its a mighty shame that that folks are SNIOP Susceptible to the negatives influences of other people" just take their false propaganda, on board and then moan about the fruits of their council lol which is always nothing achieved,(sure folks have noticed this simple fact)

They then moan on here about section 24 etc. well moan to Desperate Dan lol I say desperate as reading between the lines, he is retired, says he is wealthy, with nowt better to do, than have a very firm grip on a empty sack lol

His green eyed paranoid envy was there to see straight away, humble folks have no need to say they are wealthy, his contempt for others is obvious, maybe a very lonely chappie, sadly., a sort of fanatical train spotter loner mentality, I wonder if his family are aware of his narcissism, ego driven nonsense,

I feel sorry for him keep winning Mark and Team , eck who has the energy to be on a losers mailing list lol

Sue and I are so happy with Property118 services, we can now sleep after a very stressful awakening due to the exciting journey of land lording lol 😊

SteveFowkes

17:03 PM, 12th October 2023, About 7 months ago

Karma

Alice Bock

18:47 PM, 12th October 2023, About 7 months ago

Well done!

Susan Bradley

21:21 PM, 12th October 2023, About 7 months ago

To me the way in which this is being handled is very unedifying. The advice you give is either sound or it is not. The BICT is either compliant with HMRC or it is not.

This saga seems to me to be less about what is being advised than who is giving the advice.

Years ago I had horses and had a run in with a vet about something which was "animal husbandry" that is things that people experienced with animals can legally do such as farmers, zoo keepers, farriers etc. This seems to me to be of the same type of argument. There are some things which undoubtedly call for a well trained legal mind and other things that can be done by a competent person that can read.

I daresay that Property118 will be brought to the attention of HMRC (again) and you will be exonerated or you will not.

None of this is easy to read about if you are a client or thinking of becoming one - which I suppose is the purpose of the reporting.

Dennis Leverett

23:44 PM, 12th October 2023, About 7 months ago

Well done Mark, Envy can cause so many problems for innocent hard working people. I've come across a couple in my time although not on your scale and on both occasions won on court action, lots of stress yes but mentally rewarding to win. Even got written apologies on both occasions and one I had full backing from Amazon who were wonderful. My dad showed me how to deal with bullies as a teenager and it worked, but that's another story. Don't let the ba****ds get you down. Just sad lonely people with a hatred for others who achieve what they have been unable to do. We all love you Mark and thanks for all you've done for us Landlords, can't put a price on that.

Mark Alexander - Founder of Property118

9:49 AM, 13th October 2023, About 7 months ago

A further attack has been just been published by Dan Neidle. He demands us to correct him if we believe he has got anything wrong, but given that we are under no obligation to tell him anything we will not be doing so for the reasons explained in the main article above. We answer only to HMRC, our clients and their professional advisers.

JB

11:34 AM, 13th October 2023, About 7 months ago

Reply to the comment left by Mark Alexander - Founder of Property118 at 13/10/2023 - 09:49
He seems to have plenty of time on his hands, he should do it himself!

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