Hi All,
I had the misfortune of being in a loan scheme pre 2011. I got flagged up a couple of years back. The company closed down (which owned the solution) but their legal representative started talking to HMRC collectively for all contractors who wanted to be represented.
Now I have been given the option to settle without paying additional penalties.
Is someone in the same position - what are you doing?
Is HMRC very serious about this thing?
I got c.50k via the trust solution - any clue on the penalty?
Please spare me the moral talk ------ the scheme was an error of judgement.
Any feedback is much appreciated.
Thanks
I had the misfortune of being in a loan scheme pre 2011. I got flagged up a couple of years back. The company closed down (which owned the solution) but their legal representative started talking to HMRC collectively for all contractors who wanted to be represented.
Now I have been given the option to settle without paying additional penalties.
Is someone in the same position - what are you doing?
Is HMRC very serious about this thing?
I got c.50k via the trust solution - any clue on the penalty?
Please spare me the moral talk ------ the scheme was an error of judgement.
Any feedback is much appreciated.
Thanks
Comment