Originally posted by Fraidycat
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Previously on "HMRC denies misleading MPs over tax avoidance by its contractors"
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Possibly I am mistaken but my understanding of the loan charge schemes are that the money is paid to a third party frequently abroad that then loans the contractor the money, the debt eventually gets written off so you bypass tax as the money is not earnings. The money never goes to an organisation directly linked to the contractor.
So HMRC must have known who they were paying and why?
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Just the start. Wait until Loan Charge Legal gets going.
I am a but surprised the guardian takes the side of "tax evading scum".
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HMRC denies misleading MPs over tax avoidance by its contractors
“ Commons report claimed tax agency put its reputation ‘ahead of telling the truth’ about loan arrangement schemes
A group of MPs has accused HM Revenue & Customs of “misleading” a parliamentary committee, and possibly breaking the civil service code, by withholding “embarrassing” information about how it had engaged at least 15 contractors who used tax avoidance schemes while working for the tax agency.
In a report on Wednesday, the all-party group of MPs and peers claimed that HMRC had put the management of its reputation “ahead of telling the truth”“
HMRC denies misleading MPs over tax avoidance by its contractors | HMRC | The Guardian
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