First, Big Group is separate from WTT. Big Group is seeking resolution and closed earlier this year and will reopen later in April. We are still considering the terms of that new version.
Second, WTT offers tax advice to contractors (as do lots of others - look at the banners around this forum)
Third, HMRC claim that any arrangement that is anything other than a full repayment of the loan in cash - and that cash does not find its way back to you - is likely to be within the anti avoidance provisions of the 2019 charge.
I think I know the arrangements referred to and I have an opinion but I suggest that you need to take their suggestion to an adviser BEFORE signing up.
Second, WTT offers tax advice to contractors (as do lots of others - look at the banners around this forum)
Third, HMRC claim that any arrangement that is anything other than a full repayment of the loan in cash - and that cash does not find its way back to you - is likely to be within the anti avoidance provisions of the 2019 charge.
I think I know the arrangements referred to and I have an opinion but I suggest that you need to take their suggestion to an adviser BEFORE signing up.
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