Originally posted by bluemonkey71
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Stating that all loans were paid back at the end of employment is not lying. And in fact, this formed part of the response provided by Network One to my 2013-14 inquiry. You do not have to go into details as to how they were paid back.
Network One got back to me pretty swiftly asking to see a copy of the letter so they could form a response.
My feeling is this; Network One MUST have anticipated this. You can't operate a scheme such as this and hope that HMRC just don't bother investigated. Ever. They invested 100's of thousands into obtaining legal counsel from tax advisers and QCs when drawing up the original scheme. So if at the point when the investigation comes they have no decent response then, well, that would be pretty upsetting.
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