Hi All,
I'm posting a fresh thread for the benefit of those who still have something to settle with HMRC.
I recently found out that some individuals when settling with HMRC were allowed to deduct 10% of their loans and salary for each tax year being settled.
My question to anyone who utilized the 10% expenses deduction is how did you know this 10% deduction of loans and salary as an expense was even an option? I've checked the November 2017 settlement terms and there is no mention of this there and neither on the 2020 terms. I asked HMRC about this and they told me it was up to each individual to make their own expenses claim request which I did not. Is this 10% expenses deduction published anywhere? Surely benefitting from this 10% is not dependent on being on a forum?
I've been through years of the propaganda of HMRC not negotiating and the settlement terms are the settlement terms so have been completely brain washed.
I'm posting a fresh thread for the benefit of those who still have something to settle with HMRC.
I recently found out that some individuals when settling with HMRC were allowed to deduct 10% of their loans and salary for each tax year being settled.
My question to anyone who utilized the 10% expenses deduction is how did you know this 10% deduction of loans and salary as an expense was even an option? I've checked the November 2017 settlement terms and there is no mention of this there and neither on the 2020 terms. I asked HMRC about this and they told me it was up to each individual to make their own expenses claim request which I did not. Is this 10% expenses deduction published anywhere? Surely benefitting from this 10% is not dependent on being on a forum?
I've been through years of the propaganda of HMRC not negotiating and the settlement terms are the settlement terms so have been completely brain washed.
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