Hi all
I wonder how HMRC will total our salaries over the last 3 years?
Will they include the DR loan amounts as part of our 'salaries' which we are now having to pay tax on (or at least some of us are in the midst of doing), or just our taxed income to date.
Can they take with one hand and not give with the other for those of us that are settling?
Probably an unknown right now but would be interesting to know your thoughts.
Indeed, there is a £50k profit cap, but still, there could be a big difference to the grant one receives.
I wonder how HMRC will total our salaries over the last 3 years?
Will they include the DR loan amounts as part of our 'salaries' which we are now having to pay tax on (or at least some of us are in the midst of doing), or just our taxed income to date.
Can they take with one hand and not give with the other for those of us that are settling?
Probably an unknown right now but would be interesting to know your thoughts.
Indeed, there is a £50k profit cap, but still, there could be a big difference to the grant one receives.
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