So lets say HMRC investigate someones IR35 practices within their PSC, they go through due process and come to the conclusion you should have been declared inside IR35 and been taxed accordingly.
So basically they've went through this process -
https://w ww.larsenhowie.co.uk/industry-news/2017/12/21/unlucky-13-ir35-investigation-process/]Unlucky 13 - The Dreaded IR35 Investigation - Larsen Howie
They deem your PSC is due to pay �25,000. Your LTD Co has no funds and is no longer actively trading / is dormant.
What can HMRC legally do at that point?
So basically they've went through this process -
https://w ww.larsenhowie.co.uk/industry-news/2017/12/21/unlucky-13-ir35-investigation-process/]Unlucky 13 - The Dreaded IR35 Investigation - Larsen Howie
They deem your PSC is due to pay �25,000. Your LTD Co has no funds and is no longer actively trading / is dormant.
What can HMRC legally do at that point?
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