If you have, you’ll know just how truly horrible they are because the tax has to be paid within 90 days of the date of the notice, there’s no right of appeal and all you can do is make ‘representations’ to HMRC to challenge the APNs on limited grounds – you cannot challenge it because you think it’s either unjust or inappropriate. If you’ cannot pay the APN, you might need my help. We’ve also put together a team of very experienced lawyers and tax experts who can help with claims against the professionals who advised you to go into and set up the scheme for which you’re falling foul.
So how many people are effected and how much tax is involved?
HMRC have recently reported that in the year and a half since their introduction in 2014, they have issued 44,000 APNs and collected in £2 billion of tax. They have also said they expect to issue another 20,000 APNs in 2016, bringing in another £3.5 billion in tax, so the numbers are huge and the size of the individual payments are expected to rise, heaping more pressure on people to pay.
Do HMRC always get it right? Well no… they recently withdrew 2,000 notices that frankly they should never have issued. They didn’t withdraw them until after a good number of the recipients paid up, even selling their homes to raise the cash.
If you receive an APN and can’t pay, please call me, Paul Brindley, licensed insolvency practitioner, on 01902 672323.
Other useful links for you to read:
Pinsent’s summary of APNs – probably the shortest and best summary there is on the web. Choose the download pdf option on that page.
DOTA – a link to the list of schemes for which HMRC has, or will soon, issue APNs. If you are a member of a scheme that’s on the list, you’re in trouble! Updated about every 3 months – you need to put it in your diary to look at the updated list every 3 months. Last list issued January 2016.