Simply Consulting Ltd
- Promoter of Scheme: Simply Consulting Ltd (Incorporated in the Isle of Man) (‘Simply (IOM)’) / Simply Umbrella Services Limited (‘Simply (UK)’)
- Address: Simply Consulting Ltd, C/O CKM Consultants Ltd, 1ST Floor Queen Victoria House, 41-43 Victoria Street, Douglas, Isle of Man, IM1 2LF / Simply Umbrella Services Limited, C/O Begbies Traynor (Central) LLP, Suite 9 River Court, 5 West Victoria Dock Road, Dundee, DD1 3JT
- Publication Date: 11 May 2023
- Scheme Reference Number (SRN) and date it was allocated: 30015085, 27 October 2022
- HMRC’s Scheme Description (summary): “Scheme users sign a contract of employment and loan agreement with Simply (IOM). Simply (IOM) then enters into a contract with Simply (UK), a UK umbrella company, for the provision of the scheme user’s services. Simply (UK) then contracts the scheme user’s services to a UK intermediary/agency. The UK intermediary/agency then contracts the scheme user’s services to the end client. The end client pays the UK intermediary/agency for the scheme user’s services, who in turn pay Simply (UK). Following the deduction of a fee, Simply (UK) pay the remaining amount to Simply (IOM). Simply (IOM) pays a National Minimum Wage salary to the scheme user and a payment, described as a loan, pursuant to the loan agreement, which is made without deductions of Income Tax or National Insurance contributions.”
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