Originally posted by WalterWhite
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Loan Charge on BBC Front Page
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Originally posted by dammit chloe View PostQC checked out. Former HMRC inspector raised no concerns.Down with racism. Long live miscegenation!Comment
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Originally posted by WalterWhite View PostGiven you are likely to be aware that Dammit Chloe (and most other participants of this thread) used a loan scheme, and therefore quite clearly (and regrettably) didn't have these conversations multiple times, I think there was no need for the above.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by Fred Bloggs View Postc'mon BP. Yes, they said all that stuff too. AND they sometimes said the schemes were "inland revenue approved" too. But didn't that just make it all sound even more too good to be true?
I was lucky enough to have followed CUK on the DTA issue so avoided(evaded?) loan schemes.Comment
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Originally posted by BrilloPad View PostMany people were just sick of IR35. The returns were not that good.
I was lucky enough to have followed CUK on the DTA issue so avoided(evaded?) loan schemes.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by Fred Bloggs View Postthe contribution by CUK to the UK contractor community is astonishing. That's why I still come here.Comment
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Originally posted by BrilloPad View PostThank Goodness for NLUK. Or I would never have thought to ask my accountant....Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by BrilloPad View PostI was lucky enough to have followed CUK on the DTA issue so avoided(evaded?) loan schemes.
In 2030, we get letters saying... "You could have joined a scheme, but didn't - so you've avoided paying the Loan Charge in 2020, and now (as we've backdated it) you owe us a gazillion pounds, you nasty tax dodging little oik".Down with racism. Long live miscegenation!Comment
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Originally posted by NotAllThere View PostI'm sure HMRC are lobbying ministers to close that loophole as well.
In 2030, we get letters saying... "You could have joined a scheme, but didn't - so you've avoided paying the Loan Charge in 2020, and now (as we've backdated it) you owe us a gazillion pounds, you nasty tax dodging little oik".Comment
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Originally posted by BrilloPad View PostSadly the scheme I did join is not much better. It is called a limited company. To be fair, at least I got some QDOS insurance to cover that.
I bet that the HMRC genius who wasted thousands of hours of time and money on that little gem got the sack. (Not).Best Forum Adviser & Forum Personality of the Year 2018.
(No, me neither).Comment
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