DISGUISED REMUNERATION SCHEMES HAVE NOT GONE AWAY

 

          DISGUISED REMUNERATION SCHEMES HAVE NOT GONE AWAY

It seems that HMRC are intensifying their attack on anyone involved in the so called “Disguised Remuneration & Loan Charge Schemes. 

This extends beyond taxpayers to include those involved in promotion & selling of such schemes.

Action is taken on the basis that such schemes go beyond tax avoidance and constitute Fraud. 

To date some 20 individuals have been convicted for marketing and promoting these schemes.

Taxpayers who are involved in avoidance schemes will no doubt be targeted by HMRC and can expect little sympathy when it comes to interest & penalties. 

For more information, check out the HMRC website-

https://www.gov.uk/government/collections/tax-avoidance-disguised-remuneration