Contractor Calculator Newsletter, Apr 2019: Loan Charge APPG report exposes alarming abuse and malpractice by HMRC
Welcome to the Apr 2019 edition of our Contractor Newsletter. The concerns surrounding the Loan Charge have now reached a tipping point, as the APPG publishes its very damning report. We mustn't forget that the catalyst to the loan schemes was IR35, 20 years ago. HMRC claims a third of contractors should be caught, yet lose another case. And a case which CEST says they should have won in court, proving it's fundamentally flawed.
A Freedom of Information (FOI) request has discovered that a poll conducted by HMRC into its Check Employment Status for Tax (CEST) tool revealed that 50 per cent of respondents described CEST as 'bad' or 'very bad'.