Originally posted by foobar
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Well, I suppose I asked for views and I got them.
This really is not about 'kowtowing' to HMRC, neither is it about rolling over or being timid. My preference is to take a reasoned approach and pick my battles. As much as I'd like to tell them to poke it, I really won't be left with a warm & fuzzy feeling if I come out of this owing an extra £4k or whatever it turns out to be.
That said, I do have loan agreements which leaves me somewhat uneasy about settling - what's to say these won't come back and bite me in the backside later on....
Still mulling this over...
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