Pinsent Masons have revealed that thousands of tax payers are going to have to settle with the HMRC by April 2019. They need to do this if they want to avoid plenty of tax charges. April 2019 really is an important deadline that has been set by the HMRC. They are doing this to try and settle with the Disguised Remuneration Scheme. The international firm known as Pinsent Masons have released a statement stating that 25,500 tax payers will have to register if they want to settle this kind of debt.

This, in particular will affect IT consultants, teachers, engineers and even dentists. Those who work in chartered accountant jobs, ACCA jobs, CIMA jobs or any other similar positions should be aware of this. Of course, if you do work in accountant jobs then you should know that the new scheme will ultimately mean that tax payers will have to agree to a repayment scheme with the HMRC because they will have never paid it before. These schemes have been heavily marketed to those who are self-employed.

Accountancy and finance jobs may increase as a result of this. It is important to take note that the House of Lords have warned quite a few people that the new tax change is going to be released by HMRC and that it is not fair on the tax payers who are paying low and even middle income charges. They now face even more charges on their loans as well and this is not good to say the least. Steven Porter has released a statement saying that tax payers may find themselves scrambling to try and catch up as much as they possibly can, and this may give them additional stress when compared to usual.