What is the 2019 Loan Charge and how could it impact your candidates?
HMRC is continuing to step up their efforts to recuperate unpaid tax through schemes that they deem as tax avoidance or tax evasion. The Finance (no. 2) Act 2017 included important information about how HMRC is investigating schemes that promoted disguised remuneration and are targeting the individuals who decided to use them. The 2019 Loan Charge may be about to dig up some forgotten skeletons in your candidates’ closets and our blog will explain why and what they must do if they believe they have got caught up using a loan scheme.
