Hands up - before I get hit with a shower of abuse I started using a scheme in 2013. Pretty dumb - yes. Ignorance - yes. First contractor position - yes. Not enough research - yes. Introduced by a (former) friend (who was only too keen to trouser his introduction fee) - yes. Please feel free to have a chuckle - when I'm not kicking myself I do as well - my user name was chosen based on how I feel !!!
Ok now to the questions. All of the posts appear to be about previous years use of schemes and HMRC seem to be focused on 2008 -2011. Why the particular focus on these years? Is it that's how behind they are? Is the cut off at 2011 to coincide with the Disguised Remuneration rules?
Has anyone approached HMRC off their own back to declare use of these schemes after these dates?
In HMRC's own releases they are using the date of Jan 2015 for people to be able to approach and settle without penalties. Anyone know if this would apply if you contacted them re. 2013/2014? I am assuming that anyone using a scheme after 2011 is going to get hit hard and am wondering as well as trying to get this millstone from around my neck whether it makes much more financial sense to try and sort it out now.
Additionally has anyone ever had a "loan" recalled from any of the companies providing this sort of scheme. My paranoia is working overtime now and I wonder if out of spite any companies would do this if you settled with HMRC. And then where do you stand.....
Ok now to the questions. All of the posts appear to be about previous years use of schemes and HMRC seem to be focused on 2008 -2011. Why the particular focus on these years? Is it that's how behind they are? Is the cut off at 2011 to coincide with the Disguised Remuneration rules?
Has anyone approached HMRC off their own back to declare use of these schemes after these dates?
In HMRC's own releases they are using the date of Jan 2015 for people to be able to approach and settle without penalties. Anyone know if this would apply if you contacted them re. 2013/2014? I am assuming that anyone using a scheme after 2011 is going to get hit hard and am wondering as well as trying to get this millstone from around my neck whether it makes much more financial sense to try and sort it out now.
Additionally has anyone ever had a "loan" recalled from any of the companies providing this sort of scheme. My paranoia is working overtime now and I wonder if out of spite any companies would do this if you settled with HMRC. And then where do you stand.....
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