HMRC continue to name and shame tax avoidance schemes. Since we last posted on this subject, four more tax avoidance schemes have been announced on the government’s website – U R Group Limited, Pure Invoicing Limited, Industria PAYE Limited and Countrywide Partners Limited. Keep reading for more information.
Who are the latest tax avoidance schemes to be named and shamed by HMRC?
Published on Thursday, 4th August 2022, the government released the names and details for four more tax avoidance schemes, and the information you need is below.
Countrywide Partners Limited
- Promotor of Scheme: Countrywide Partners Limited (CPL)
- Address: Suite 114, 25 Goodlass Road, Liverpool L24 9HJ
- Publication Date: 4 August 2022
- Scheme Reference Number (SRN) and date it was allocated: 20980718, 18 April 2022
- HMRC’s Scheme Description: “Countrywide Partners Limited (CPL) invoice and receive payment from the end user. CPL retain a fee of 15% of the gross amount received. CPL pay the scheme user either a National Minimum Wage (NMW) or National Living Wage (NLW) salary which is taxed under PAYE. CPL pay the remaining amount in the form of a loan. This amount is not taxed under PAYE.”
- More information about Countrywide Partners Limited.
Industria PAYE Limited
- Promotor of Scheme: Industria PAYE Limited
- Address: Greg’s Building, 1 Booth Street, Manchester M2 4DU (former addresses: 12 Wincanton Street, Liverpool L15 4AE ; Rodney Chambers, 40 Rodney Street, Liverpool L1 9AA)
- Publication Date: 4 August 2022
- Scheme Reference Number (SRN) and date it was allocated: 89706564, 28 January 2022
- HMRC’s Scheme Description: “Scheme users would receive their gross contract value in a payment made up of 2 separate elements. The first element was a National Minimum Wage (NMW) salary that was taxed through PAYE. The second element was deemed to be in relation to an option grant agreement. This second element was not taxed.”
- More information about Industria PAYE Limited.
Pure Invoicing Limited
- Promotor of Scheme: Pure Invoicing Limited (PIL)
- Address: Greg’s Building, 1 Booth Street, Manchester M2 4DU (former address: 12 Nicholas Street, Room 10, Chester CH1 2NX)
- Publication Date: 4 August 2022
- Scheme Reference Number (SRN) and date it was allocated: 35525036, 28 January 2022
- HMRC’s Scheme Description: “Scheme users would receive their gross contract value in a payment made up of 2 separate elements. The first element was a National Minimum Wage (NMW) salary that was taxed through PAYE. The second payment was deemed to be in relation to an option grant agreement. The second element is not taxed.”
- More information about Pure Invoicing Limited.
U R Group Limited
- Promotor of Scheme: U R Group Limited (URGL)
- Address: Greg’s Building, Booth Street, Manchester M2 4DU (former addresses: 12 Nicholas Street, Room 10, Chester CH1 2NX; 20 Nicholas Street, Room 7, Chester CH1 2NX; 20 The Cestria Building, George Street, Chester CH1 3ER)
- Publication Date: 4 August 2022
- Scheme Reference Number (SRN) and date it was allocated: 23812126, 28 January 2022
- HMRC’s Scheme Description: “Users of the scheme would receive their gross contract value in 2 separate payments . The first element was a salary paid via URGL. This was generally paid at National Minimum Wage (NMW), between £60 and £70 per day. The second payment was in the form of a loan. It did not go through PAYE and this payment was not taxed.”
- More information about U R Group Limited.
Which companies have already been announced as tax avoidance schemes?
Before this article (published on Thursday, 4th of August), HMRC had already unveiled seven tax avoidance schemes.
Novus Consultants Limited (formerly Novus Limited) (NOL) / Contractor Corner Accounting Limited (CCA)
- Promotor of Scheme: Novus Consultants Limited
- Address: Novus Consultants Limited (formerly Novus Limited): 1st floor, Queen Victoria House, Victoria Street, Douglas, IM1 2LF, Isle of Man / Contractor Corner Accounting Limited: Suite 1, Plymouth House, Plymouth Road, Blackpool, FY3 7JS, England
- Publication Date: 7 July 2022
- Scheme Reference Number (SRN) and date it was allocated: 69140374, 4 April 2022
- HMRC’s Scheme Description: “Schemes users sign an employment contract and a ‘Commercial Loan Agreement’ (CLA) with NOL. The user will be paid a salary based on National Minimum Wage (NMW) that is taxed, and a second payment that is not taxed under the CLA. NOL retains around 20% of the gross contract earnings.”
- More information about Novus Consultants Limited.
Paybox Umbrella Limited
- Promotor of Scheme: Paybox Umbrella Limited (UK-based) (PUL UK) / Paybox Umbrella Limited (Malta based) (PUL Malta)
- Address: PUL UK: Building 3, City West Business Park, Gelderd Road, Leeds LS12 6LN / PUL Malta: Vincenti Buildings, 28/19 (suite no 1862), Strait Street, Valletta, Malta
- Publication Date: 7 July 2022
- Scheme Reference Number (SRN) and date it was allocated: 33560979, 5 April 2022
- HMRC’s Scheme Description: “Scheme users enter into an employment agreement with PUL Malta. Users receive two payments from PUL Malta, one paid at National Minimum Wage (NMW) rate and a second payment which is not declared for tax.”
- More information about Paybox Umbrella Limited.
Peak PAYE Limited
- Promotor of Scheme: Peak PAYE Limited (PEAK)
- Address: 86-90 Paul Street, London, EC2A 4NE
- Publication Date: 8 June 2022
- Scheme Reference Number (SRN) and date it was allocated: 20510783, 7 February 2022
- HMRC’s Scheme Description: “Users enter into an Agreement to Grant an Option, called the Option Grant Agreement with PEAK. After the payment of National Minimum Wage (NMW), PEAK pays the balance to the user as payment for the grant of an option. These are paid in one aggregate payment. This secondary element of the payment as shown on the Option Grant note is not subject to deductions of tax and National Insurance Contributions (NICs). The aggregate payments amount to around 80-85% of the expected gross contract earnings.”
- More information about Peak PAYE Limited.
Saxonside Limited
- Promotor of Scheme: Saxonside Limited (SAX)
- Address: Centaur House, Ancells Road, Fleet, GU51 2UJ
- Publication Date: 29 June 2022
- Scheme Reference Number (SRN) and date it was allocated: 92439361, 6 April 2022
- HMRC’s Scheme Description: “Users enter into an agreement to Grant an Option, called the Option Grant Agreement. After the payment of National Minimum Wage (NMW), SAX pays the balance to the user as payment for the grant of an option. These are paid in one aggregate payment. This secondary element of the payment as shown on the Option Grant note is not subject to tax and National Insurance Contributions (NICs). The aggregate payments amount to around 80-85% of the expected gross contract earnings.”
- More information about Saxonside Limited.
T2 Outsourcing Limited
- Promotor of Scheme: T2 Outsourcing Limited (T2)
- Address: Unit 5, Connect Business Village, Derby Road, Liverpool, L5 9PR
- Publication Date: 7 July 2022
- Scheme Reference Number (SRN) and date it was allocated: 28632053, 27 April 2022
- HMRC’s Scheme Description: “The scheme user enters an employment contract with T2 who make composite payments to the scheme users for services provided by the user. The first element is a National Minimum Wage (NMW) salary that is subjected to tax and National Insurance Contributions (NICs), and a secondary element described as an “advance drawdown” which is not.”
- More information about T2 Outsourcing Limited.
To ensure you’re always up to date – visit the government’s website
If you want to check the very latest named and shamed tax avoidance schemes, you can visit the following page on the government’s website: Current list of named tax avoidance schemes, promoters, enablers and suppliers. It will provide all the information you need about each named company and advice if you’ve engaged with one for your payroll.
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