Taxing Situations
A clampdown on tax avoidance left many with huge bills. Now COVID workers have been targeted with new tax schemes - but how risky could they be?
For decades there was a boom in tax avoidance where people were paid using loans – and lowered their tax bills in the process. The boom went bust when the government clamped down, leaving some users with vast tax bills.
Many of those people now owe life-changing amounts to HMRC yet campaigners say there has been insufficient action against the companies that promoted the schemes.
But while some individuals face ruin, File On 4 has discovered that the businesses behind some of those loan schemes are still active. But now they’ve been targeting front-line COVID workers.
Reporter: Felicity Hannah
Producer: Anna Meisel
Editor: Gail Champion
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COVID workers targeted with tax avoidance schemes that HMRC warns against signing up to.
Broadcasts
- Tue 20 Oct 2020 20:00´óÏó´«Ã½ Radio 4
- Sun 25 Oct 2020 17:00´óÏó´«Ã½ Radio 4
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File on 4 Investigates
File on 4 Investigates: News-making original journalism.