loan charge Archives - Freelance Informer

HMRC anti-avoidance strategy put into question following 100 identified schemes

HMRC recently added four more tax avoidance schemes to its list of known promoters. While this should be positive news, it raises concerns about the effectiveness of HMRC's anti-avoidance strategy. Qdos, a tax compliance expert, points out…

Lib Dems may have sealed 4.2 million votes overnight

The Liberal Democrats Manifesto released this week pledges to end retrospective tax changes such as the loan charge brought in by the Conservatives and review the Government’s off-payroll working IR35 reforms to ensure self-employed people…

Contractor Loan Scheme Scandal: MP Calls for Inquiry

Thousands Face Crushing Tax Bills After Following "Disguised Remuneration" Advice. Radio presenter Mariella Frostrup brings this harrowing dilemma to the wider public's attention This week Times Radio presenter Mariella Frostrup spoke…

HMRC has “real-time data” on tax avoidance and non-compliant umbrella companies. Why…

Dave Chaplin, CEO of Contractor Calculator, shares his concerns about HMRC not using the data it has at its disposal to shut down tax avoidance schemes. Plus he answers Freelance Informer reader questions about the pending regulation of…

Loan charge: is it breaching the rule of law?

SPECIAL REPORT: THE LOAN CHARGE In a July session HMRC management including Jim Harra, the HMRC's Chief Executive, was questioned by the House of Lords Economic Affairs Committee on the Loan Charge. The discussion spurred more…