Loan scheme causing tax turmoil, say thousands of contractors

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HMRC is being accused of ruthlessly pursuing people who were paid wages through so-called "loan schemes" that were supposed to pay tax on their behalf.

It comes back to a 2016 piece of legislation that made individuals responsible for tax that their employers should have paid, and has been linked to 10 suicides.

Anyone feeling emotionally distressed or suicidal can call Samaritans for help on 116 123 or email jo@samaritans.org in the UK. In the US, call the Samaritans branch in your area or 1 (800) 273-TALK

Read more: https://news.sky.com/topic/tax-6474

#loanscheme #hmrc #tax

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