Offshore schemes

[LisaContractorUmbrella]

Who says? HMRC? Despite what they think, they don't make the law and the weight of law firmly says that loans aren't income. Even the decision in the badly run Rangers case came down against HMRC on this. The current investigations into the old EBT scheme are nothing more than a try on by HMRC.

Which is why they will be introducing additional legislation in the shape of GAAR

[Higgs Boson]

Which is why they will be introducing additional legislation in the shape of GAAR

Which, was the whole point of your first post.

Pointing out to people that things are changing, due to past failures by HMRC.