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IR35 and tax avoidance schemes

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    #11
    Originally posted by DonkeyRhubarb View Post
    It is indeed mistaken on 2 counts.

    1) Although there are many promoters, the underlying scheme structures (dta, ebt, loan, foreign currency) are often the same. In reality, at any given time, there aren't many different schemes.

    2) They are a very attractive target for HMRC - defeat the structure and you immediately catch several thousand people. This is far more cost effective than pursuing individual contractors using Ltd companies.

    The idea that there is somehow safety in numbers is a bit of an illusion.
    AND i was recently talking to FD of a scheme and he said at end of day "caveat emptor". This scheme only had approx 1500 probable "lambs to slaughter".

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