Still gathering requirements...
Most of these companies suggest that one pays oneself a "market rate" as salary, supposedly to deflect attention from Hector. The reality is that if one is using a scheme such as this then Hector is watching anyway. Therefore, one may as well pay oneself the bare minimum and take the maximum as a loan.
Originally Posted by LisaContractorUmbrella
The forex loan thing has been looked at but not specifically attacked and beaten. I too would assume that it was caught by the catch all nature of the 09/12 announcement but no doubt all will become clear in April.
I can't imagine with all the flak flying at the moment that anyone would want to even think about glancing in the direction of somebody who might live next door to someone who knows a bloke in the pub who does these schemes but, hey, each to their own I guess.