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

**Hugh** · 18-06-2019, 21:09

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, 21:09	#130
Hugh laeva recumbens anguis Cable Forum Team Join Date: Jun 2006 Age: 67 Services: Premiere Collection Posts: 42,098	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? __________________ There is always light. If only we’re brave enough to see it. If only we’re brave enough to be it. If my post is in bold and this colour, it's a Moderator Request.