Payscheme Plus HMRC Enquiry

[Gaskie]

Maybe the increase is due to them building a warchest, as you just know HMRC have something else up their sleeves (retrospection!)

HMRC are not to be trusted!!

If HMRC do come after people using this scheme, it won't be payscheme who are liable, but the contractors. This is a simple money making exercise.

[DonkeyRhubarb]

Is it not the case that it was UK tax, but at IOM rates thanks to the Double Taxation Treaty? With EBT's, it's UK tax, at UK rates.

Users were self-employed, with part of the income subject to regular UK tax/nic. The remainder was derived from an offshore trust, where notional tax had already been paid in IoM, hence the DTA relief.