Latest Loan Charge Case Ignores Moral Justice

The latest development in the Loan Charge debacle has ignored moral justice, instead finding in HMRC’s favour, further illustrating the fundamental unfairness of this flawed government policy. The High Court considered a judicial review where a taxpayer repaid loans which were due to be within the scope of the Loan Charge, and the repayment was […]

HMRC Issues Guidance On Third Parties Requesting Payment of DR Loans

HMRC has issued guidance for anyone affected by third parties seeking repayment of disguised remuneration loans from contractors who may have already paid the Loan Charge.  In most cases, the request for repayment is because the original provider of the loan has sold the outstanding loans to a third party. Some of these third parties […]

006: How to identify tax avoidance schemes that pose as compliant “umbrellas”

Today we’re talking to specialist tax advisor, Tom Wallace of WTT Consulting about tax avoidance schemes which specifically target temporary agency workers and contractors.  These schemes all operate in a similar way to disguise your remuneration as something else which they allege is not taxable.  Often they pose as compliant umbrella firms so it is […]