I have been following the contractor scheme nightmare (APN, loan charges etc) for almost a decade. I am surprised to still read optimism in this forum after years of HMRC relentlessly chasing contractors and freelancers.
Between the Accelerated Payment Notices and now pending 2019 loan charges - how can anyone caught up in this mess actually expect to avoid having to pay up?
Sure there has been some recent pressure from support groups but at the end of the day, how far will this actually go? Approximately 50,000 individuals is a pretty small group. Unfortunately a small group that are going to get little sympathy from others due to the perception we were all over paid individuals. With this current government and brexit - squeezing money out of 'tax avoiders' is unavoidable.
Once I get clarity from HMRC on my debt (which I still have no idea about) I plan to pay out and be done with this trauma. I'll probably need to downsize and/or take out a personal loan, but select this over worrying every time I go to the mailbox worrying the tax man wants more of my flesh.
Sure the schemes may have been legal at the time, scheme providers probably have liability and 20 year retrospective tax charges feels immoral - but it's HMRC v Joe Bloggs - it's game over...
Between the Accelerated Payment Notices and now pending 2019 loan charges - how can anyone caught up in this mess actually expect to avoid having to pay up?
Sure there has been some recent pressure from support groups but at the end of the day, how far will this actually go? Approximately 50,000 individuals is a pretty small group. Unfortunately a small group that are going to get little sympathy from others due to the perception we were all over paid individuals. With this current government and brexit - squeezing money out of 'tax avoiders' is unavoidable.
Once I get clarity from HMRC on my debt (which I still have no idea about) I plan to pay out and be done with this trauma. I'll probably need to downsize and/or take out a personal loan, but select this over worrying every time I go to the mailbox worrying the tax man wants more of my flesh.
Sure the schemes may have been legal at the time, scheme providers probably have liability and 20 year retrospective tax charges feels immoral - but it's HMRC v Joe Bloggs - it's game over...
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