Hi all, I’m pretty new to this and horrified by the future and genuinely fearful of what my life will be like after April 2019.
I was advised by professionals on the planning and to this day, some are still promoting these types of solutions.
It’s incredible that the promotors are not more responsible.
In addition, HMRC is not acting fair. I can’t retrospectively change my mind and repay the loan, without it being stuck in a trust for ever. Nor can I say ‘I would have taken the money as a dividend, never PAYE, so why can’t I pay dividend tax’
I just don’t think this is going to be fair on so many people.
Has there ever been a petition on gov website to stop this?
If not, is there a reason why?
If there is, would people sign it?
Is there likely to be a challenge further down the line that may prevent this?
I was advised by professionals on the planning and to this day, some are still promoting these types of solutions.
It’s incredible that the promotors are not more responsible.
In addition, HMRC is not acting fair. I can’t retrospectively change my mind and repay the loan, without it being stuck in a trust for ever. Nor can I say ‘I would have taken the money as a dividend, never PAYE, so why can’t I pay dividend tax’
I just don’t think this is going to be fair on so many people.
Has there ever been a petition on gov website to stop this?
If not, is there a reason why?
If there is, would people sign it?
Is there likely to be a challenge further down the line that may prevent this?
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