APN Contractors mustn’t rob Peter to pay Paul

APN Contractors mustn’t rob Peter to pay Paul

October 2, 2015

Opus writes for contractor.co.uk website on the options for IT contractors affected by the draconian Advanced Payment Notice regime introduced by HMRC to counter tax avoidance.

The ‘pay-up first’ tax avoidance regime known as Accelerated Payment Notices (APNs) is no longer a nasty shock; it has become a grim reality for swathes of contractors, many of whom don’t have the cash in their company to cough up.

Click here to read the full article

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