Cable Forum - View Single Post - BBC to scrap free licence fee for over-75s

**Hugh** · 18-06-2019, 22:09

Discussing applying for a grant (and then not applying after discussions) ≠ using a dodgy tax scheme...

Loan Based Remuneration Schemes - People who use these schemes had their salary paid in loans, instead of being paid in the usual way. Normally, when you’re given a loan, you have to pay it back, often with interest added.

But these loans are paid to people in such a way that means it’s unlikely that they’ll ever have to repay them. In other words, the person receiving money from a loan scheme kept it all. And, they don’t pay any tax on this money, even though it’s clearly income.

Do you really believe professional people didn’t think/know that using a scheme that meant you avoided any tax on earnings was dodgy?

18-06-2019, 22:09	#130
Hugh laeva recumbens anguis Cable Forum Team Join Date: Jun 2006 Age: 68 Services: Premiere Collection Posts: 43,811	Re: BBC to scrap free licence fee for over-75s Discussing applying for a grant (and then not applying after discussions) ≠ using a dodgy tax scheme... Loan Based Remuneration Schemes - People who use these schemes had their salary paid in loans, instead of being paid in the usual way. Normally, when you’re given a loan, you have to pay it back, often with interest added. But these loans are paid to people in such a way that means it’s unlikely that they’ll ever have to repay them. In other words, the person receiving money from a loan scheme kept it all. And, they don’t pay any tax on this money, even though it’s clearly income. Do you really believe professional people didn’t think/know that using a scheme that meant you avoided any tax on earnings was dodgy? __________________ Thank you for calling the Abyss. If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare. If my post is in bold and this colour, it's a Moderator Request.