Canopaye Limited - HMRC named tax avoidance scheme

Canopaye Limited

  • Promotor of Scheme: Canopaye Limited / Philip Jackson (director of Canopaye Limited) / Niall Bradley (previous director of Canopaye Limited)
  • Address: Canopaye Limited, The Charter Building, Charter Place, Uxbridge, Surrey, UB8 1JG
  • Publication Date: 23 February 2023
  • HMRC’s Scheme Description (summary):The arrangements involve users providing their services to end clients through Canopaye Limited (CL). The users also sign an agreement that sees the users grant CL an option on an Annuity Agreement. The result is the remuneration for their services is artificially separated into a salary and payments said to be in return for the option. No tax or National Insurance contributions are deducted in relation to the payments for the option.”

For more information, visit the following page on the government’s website: Current list of named tax avoidance schemes, promoters, enablers and suppliers.

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