Guilty until proved innocent

[BrilloPad]

I wonder if the primary objective here is to get more money, OR to put the frighteners on anyone who is considering using tax avoidance going forward... at a stroke making a drastic step on "reducing tax avoidance"?

Primary step is for HMRC to have fun. Taxpayer misery always has that effect on them.

[wantacontract]

well I am hoping the government take their time extracting payment out of these avoidance schemes and forget about the IR35..

[BrilloPad]

well I am hoping the government take their time extracting payment out of these avoidance schemes and forget about the IR35..

Its the thin end of the wedge. If HMRC are not stopped then they will come after everybody.

[VectraMan]

Its the thin end of the wedge. If HMRC are not stopped then they will come after everybody.

Listen, and understand! HMRC is out there! It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are dead*.


*And possibly not even then.

[d000hg]

Property schmoperty, good warchest in the bank should always be available, that guy was a contractor ffs!

Permies don't have warchests though... maybe back then he had it in cash and now spent/invested/lost it. Maybe he went back to being a permie after losing all his money

[MicrosoftBob]

Listen, and understand! HMRC is out there! It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are dead*.


*And possibly not even then.

I say we take off and nuke the entire hmrc sites from orbit. It's the only way to be sure.

[DimPrawn]

[AtW]

I wonder if the people who run these offshore loan schemes ever think about calling in the loans?

They could sell those loans to debt collectors for half the value...

[AtW]

I wonder if the primary objective here is to get more money, OR to put the frighteners on anyone who is considering using tax avoidance going forward... at a stroke making a drastic step on "reducing tax avoidance"?

The objective is to frighten to death and then collect 40% inheritance tax...

[BrilloPad]

I wonder if the people who run these offshore loan schemes ever think about calling in the loans?

There was one firm that did. Redding I think? I tried a quick CUK search but could not find anything.

I think they went to a private forum and I never saw any more.