In shock. Received a letter from HMRC demanding 40k in additional tax from 2012-13 because they believe I was part of a contractor loan tax avoidance scheme. I was in such as scheme which was falsely sold to me but in the tax year 14-15, not 12-13.
I do not understand how they have come to this 40k figure, has anyone else received such a letter? I only have 30 days to pay or to appeal.