https://birminghamdaily.co.uk/tags/loancharge/Recent content in loancharge on Birmingham DailyHugo -- gohugo.ioen-usTue, 05 May 2026 05:08:41 +0000https://birminghamdaily.co.uk/hmrc-sends-unexpected-tax-bills-to-250000-households-over-avoidance-schemes/Tue, 05 May 2026 05:08:41 +0000https://birminghamdaily.co.uk/hmrc-sends-unexpected-tax-bills-to-250000-households-over-avoidance-schemes/HMRC has begun sending letters to around 250,000 taxpayers it believes have participated in tax avoidance schemes, demanding payment of unpaid taxes. These letters, described by personal finance experts as a “real worry,” sometimes include bills running into six-figure sums. The tax authority is targeting individuals who worked through umbrella companies that failed to comply with their tax obligations. HMRC estimates that out of 700,000 people employed via umbrella companies, at least 275,000 were connected to firms not meeting tax rules.https://birminghamdaily.co.uk/hmrc-faces-criticism-over-186-million-crackdown-on-disguised-remuneration-schemes/Fri, 24 Apr 2026 04:46:45 +0000https://birminghamdaily.co.uk/hmrc-faces-criticism-over-186-million-crackdown-on-disguised-remuneration-schemes/HM Revenue & Customs (HMRC) has invested £186 million over six years to recover unpaid taxes linked to “disguised remuneration” schemes, a move critics have labeled “shameful” and “disgusting.” This ongoing crackdown centers around the Loan Charge, introduced in 2019, which targets individuals involved in arrangements where income was paid through loans rather than reported as earnings. An independent review revealed that HMRC spends approximately £31 million annually enforcing loan charge compliance.