HMRC Letter PLEASE HELP!!!
Hi all, I am new to this thread. I received a letter from HMRC today regarding a compliance check. It states that they believe there could be an inaccuracy in my 2011-2012 return as I may have used a contractor loan type avoidance scheme. It then goes on to ask me to 1) confirm I have used the scheme, 2)total amount of loans received, 3)provide list of any other amounts or assets received. I worked as a contractor and used AML, (I'm no longer with them) I was told it was totally legitimate, it was recommended by the accountant. 1)What does this mean?? Is this a precursor to APN?? 2)Why is tax year 2011/12 specified and not other years?? I would really appreciate any advice, feeling super stressed and worried
Hi all, I am new to this thread. I received a letter from HMRC today regarding a compliance check. It states that they believe there could be an inaccuracy in my 2011-2012 return as I may have used a contractor loan type avoidance scheme. It then goes on to ask me to 1) confirm I have used the scheme, 2)total amount of loans received, 3)provide list of any other amounts or assets received. I worked as a contractor and used AML, (I'm no longer with them) I was told it was totally legitimate, it was recommended by the accountant. 1)What does this mean?? Is this a precursor to APN?? 2)Why is tax year 2011/12 specified and not other years?? I would really appreciate any advice, feeling super stressed and worried
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