Originally posted by DealorNoDeal
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However, we are in the end days of enquiry etc and it's time to face some harsh realities.
HMRC has been humiliated by the loan charge review. Any HMRC policy maker involved in that mess should, if they had any honour or integrity, resign. They won't. Instead a new team has been tasked with the clean up and whilst that might mean slightly better terms on the next settlement offer (CLSO 3), I'm not holding me breath. Instead we will see an acceleration of the process required to bring all enquiries to an end.
So to all those out there who see LOAN CHARGE as an ALTERNATIVE to SETTLEMENT or agreement - it's not.
Do the timing/cost equation above and decide if one or either is affordable.
if not, understand that the alternative is litigation (which may or may not win).
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