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Stop the Loan Charge. 2019 Loan Charge Retrotax

Joined April 2018
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Replying to @itcontracting
As article says, HMRC powers existed to stop #LoanChargeScandal schemes since 2016, but failed to use. At least 11 #LoanChargeSuicides later, will they act!?
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The comprehensive failure of @HMRCgovuk is farcical but we must remember that their failures have caused 10 #LoanChargeSuicides
We've named Astra Ltd and TGI Payday Ltd as promoters of tax avoidance. We have issued them with a Stop Notice, meaning they cannot promote their scheme. If you're using the scheme, get in touch for help to exit. ⬇️ gov.uk/government/publicatio…
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One could almost call it entrapment or tax grooming 🤨 @HMRCgovuk published a note targeted at advisors in 2009. Mentioned in #loancharge review as attached and viewed by a handful of tax nerds at the time. Why no serious attempt to intervene at that time? Never explained
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RobbieT014 retweeted
Why the #LoanCharge and other tax disputes keep the debate alive In my earlier article, “Why the UK Needs a Taxpayers’ Bill of Rights,” I asked whether the protections people expect when dealing with HMRC are clear and enforceable enough. linkedin.com/pulse/why-uk-ne…
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RobbieT014 retweeted
Govt care less about the Human cost. And if HMRC were at all accountable (they are not, as successive failed audits and inaction have shown) then the more embarrassing reality would be about bean-counting and the #LoanCharge operational costs to recoveries ratio of 4:1.
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Minister @Jesse_Norman evades questions on suicides as five MPs raise #LoanCharge Scandal in Parliament: hmrcloancharge.info/lcag-pre… #STOPtheLoanCharge #SaveLives
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RobbieT014 retweeted
Other Govt departments' ignorance of hiring 'Disguised Employees' was no excuse when it came to fines, but not so with HMRC, when it came to hiring contractors with so-called Disguised Remuneration' loan schemes, despite visibly ramping up their #LoanCharge campaign at the time.
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You would of thought that multiple referrals & #suicides to the @policeconduct related to one policy - disguised remuneration / #LoanCharge would ring alarm bells. Instead they throw them back to #HMRC, who then mark their own homwork and say nothing to see here.
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Another heartbreaking email we have received, from the husband of someone facing the draconian #LoanCharge. “he has already contemplated taking his life numerous times thankfully he was talked out of it the last time by the @samaritans” Pls listen & act @RishiSunak @Jesse_Norman
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RobbieT014 retweeted
It was the ill-thought out and clumsy implementation of - first #IR35, then later #Off-Payroll, that poured fuel on the fire of Private and Public Sector mass market demand for loan schemes, with large end-clients - like HMRC, professing arms-length ignorance of supply chain.
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RobbieT014 retweeted
Win what? #LoanCharge operational costs to recoveries ratio of 4:1 is only a win for those who can't add up (or perhaps those who couldn't pass an audit in over 2 decades...)
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The #loancharge debacle continues, Loan charge victims pursued for six-figure sums. After HMRC taxed the loans with the Loan Charge, claiming they weren't really loans, the parties that issued the loans are now trying to reclaim them. telegraph.co.uk/money/tax/in…
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RobbieT014 retweeted
Anyone who tries to explain that gets attacked as apologist for loan promoters and tax avoidance. This was never the point for most workers involved at one time or another, despite the relentless gaslighting to demonise individuals and 'make it real'. #LoanChargeScandal
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Even before the @UKLabour #McCann #LoanCharge review @Ray_McCann55 was saying "There are some in HMRC who perfer a punishment strategy which is naive and lacks humility given the fact that that every aspect of the tax system contributed to this mess"
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Ah yes. I had temporary forgot about that #HMRC DR project. Tiger Roar, Make it Real. It certainly did, multiple #LoanCharge suicides and Self-harm.
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