Tax avoidance loan schemes and the loan charge

By Technical Team on 22 Mar 2019

HM Revenue & Customs’ External Affairs team has contacted the CIOT on the subject of the 2019 loan charge.

HMRC have provided us with their loan charge briefing pack, which may be of interest to members. The pack sets out some information about loan schemes, including examples of typical loan scheme users. In addition, there is information on how HMRC are supporting those affected to settle their tax affairs in advance of the loan charge and how they are tackling the promoters of these schemes.

Technical Team

Posted in: Technical News