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18/19 Tax return questions
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@Old Greg,
Ideally not, I pay a lot for private health insurance but why not? I've paid more in to the NHS than most, I don't think using a scheme for less than 10months over 33yrs precludes me from that. Not sure how any of this relates to the original post.
@Lance,
It seems like you are struggling to understand me.
My post in the scheme forums was about schemes, unsurprisingly. My post here is a more generic post about the questions that HMRC are asking anyone that fills in a tax return. I just find it interesting that they are asking normal members of the public questions that in some instances, not even they are able to answer with a simple yes/no question.
If nobody has any views on my question and would prefer to discuss the scheme then that's fine but that's probably better placed in the other thread.Comment
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Originally posted by AnthonyB View Post@Old Greg,
Ideally not, I pay a lot for private health insurance but why not? I've paid more in to the NHS than most, I don't think using a scheme for less than 10months over 33yrs precludes me from that. Not sure how any of this relates to the original post.
@Lance,
It seems like you are struggling to understand me.
My post in the scheme forums was about schemes, unsurprisingly. My post here is a more generic post about the questions that HMRC are asking anyone that fills in a tax return. I just find it interesting that they are asking normal members of the public questions that in some instances, not even they are able to answer with a simple yes/no question.
If nobody has any views on my question and would prefer to discuss the scheme then that's fine but that's probably better placed in the other thread.See You Next TuesdayComment
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It's more of a discussion than a question.
Around the new questions that HMRC have introduced:
Have you used one or more tax avoidance schemes?
Yes
No
Do you need to disclose any income from disguised remuneration avoidance schemes? If you received any disguised remuneration loans between 6 April 1999 and 5 April 2019 and they have not been fully repaid or you still owe tax on an outstanding amount, select yes.
My point is that HMRC have said that something is tax avoidance previously and have been found to be wrong in a court of law.
Is it fair to ask these questions considering most people answering them won't have the expertise or knowledge to answer them properly?
What are HMRC looking for here do you think? Is it just a flag to show that something untoward might be happening so that they can investigate further or are they actually looking for a real answer and, if so, see my previous point.
I'd be v.interested to know if anyone has ever fallen foul of these before. Many high street companies (Amazon, Starbucks) and leading business people (Branson) use dubious methods to reduce their tax. Many of use far less dubious methods (pensions, bike to work scheme, ISAs etc.) to reduce our tax. I suspect there is a huge grey area between the two of those and I'd be interested to hear any stories of people falling in to that grey area and both getting it in the neck from HMRC and not getting it in the neck.
Hopefully that clarifies. Yes, it appears I may have been involved in a scheme before but the question/point here is far wider than that. Hopefully the post above has made that clear, it's a discussion, like most posts. I could extract the questions for you to answer yes/no to but that's not really what I'm looking for.
Thanks.Comment
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