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I think everybody would agree with the principle that if it’s dodgy, you should just avoid it. But I think you are nuts if you think letting the treasury change the rules and retrospectively apply them is a good idea. I don’t care whether these people are morally bankrupt and deserving of...

I agree with all of that. But isn’t it the case that in this example HMRC have closed the legal loophole and then the gov have pushed through legislation to RETROSPECTIVELY apply the new law. That is horrendous imo

I see this issue in the same light as the Lewis Hamilton 'dodging' tax debate. These loan charge schemes were clearly nonsense, but HMRC knew about them for what sounds like a long time and did nothing. They then closed the loophole (good!) and backdated the charge. That is surely...