Six arrested in connection with scheme to dodge tax avoidance crackdown
Six people have been arrested in connection with a scheme promising to sidestep a controversial tax avoidance crackdown.
Telegraph Money has previously warned against dubious arrangements promising to sidestep the loan charge, which has been levied on contractors who used so-called disguised remuneration schemes dating back 20 years.
The 50,000 affected people face huge bills for unpaid tax, in some cases well over £100,000, and a number of schemes have sprung up promising to avoid the charge – often by artificially repaying any outstanding loans. Experts have warned that use of such schemes could lead to further penalties.
Telegraph Money has previously warned against dubious arrangements promising to sidestep the loan charge, which has been levied on contractors who used so-called disguised remuneration schemes dating back 20 years.
The 50,000 affected people face huge bills for unpaid tax, in some cases well over £100,000, and a number of schemes have sprung up promising to avoid the charge – often by artificially repaying any outstanding loans. Experts have warned that use of such schemes could lead to further penalties.
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