On the 3rd of December 2024, HMRC released an umbrella company calculator that contractors, employment bodies and recruitment agencies can use to get a detailed understanding of take-home pay through an umbrella company. Over the recent years, HMRC has really stepped up its efforts to support temporary workers and organisations …
Contractors and freelancers in the UK are commonly faced with two options when choosing how to operate: umbrella company vs limited company. Our latest article provides an overview of an umbrella company and a limited company, plus the advantages and disadvantages of both options to help you determine which option …
Receiving your first payment from an umbrella company can often be confusing, especially if you are new to contracting or have previously worked via a limited company. Before registering with an umbrella company, contractors usually ask: “How much money will I earn when I work via an umbrella company?”. Our …
How much money will I earn when I work via an umbrella company? » Read the full story
The Supreme Court has rejected an appeal by the Professional Game Match Officials Limited (PGMOL) challenging a £584,000 tax bill imposed by HMRC about the employment status of 60 referees. Although a final judgement has not been made, the Supreme Court has remitted the case to the First-tier tribunal to …
UK Supreme Court rejects PGMOL appeal over £584,000 tax bill » Read the full story
HMRC has shared another press release with the umbrellacompanies.org.uk team about a recent case where a £900,000 penalty was imposed on a tax avoidance scheme promoter. Please keep reading for more information. ——– START OF PRESS RELEASE ——– A tax avoidance promoter whose schemes were used by locum …
HMRC press release: £900,000 penalty for promoter of tax avoidance scheme » Read the full story
On the 19th of January 2023, the government added five umbrella companies (or payroll providers) to its list of named tax avoidance schemes, promoters, enablers and suppliers – Able Ltd, AML Tax (UK) Limited, Contractor Central Accounting Ltd, Denmedical UK Limited and Tailored UK Services Ltd. Keep reading for more …
HMRC has added another new company to its list of tax avoidance schemes – which now consists of over 30 companies. We PAYE Umbrella Limited is the latest to make the list. Keep reading to learn more about We PAYE Umbrella Limited and why HMRC considers them non-compliant. We PAYE …
HMRC adds another payroll provider to its list of tax avoidance schemes » Read the full story
HMRC is continuing to update their list of publicly named tax avoidance schemes. On the 29th of September, HMRC added three new businesses to the list – Focus Contractor Limited, Greenwich Contracts Ltd, and Nicely Paid Limited. Keep reading and find out more information about these three organisations. Focus Contractor …
Three new tax avoidance schemes are named by HMRC (29 September 2022) » Read the full story
It seems as if HMRC is updating the list of named tax avoidance schemes every other week. Most recently (31 August), three new tax avoidance schemes have been named – Griffith Anderson Limited, Omni Contractors PCC Limited and Umbrella Agency Limited. Keep reading for more information. Omni Contractors PCC Limited …
Three new tax avoidance schemes make HMRC’s list (31 August 2022) » Read the full story
On 18th August, HMRC released the names of three more tax avoidance schemes that contractors and freelancers should avoid – ContractorCare Limited, PAYEme Limited and Gateway Outsource Solutions Limited. If you believe you have used one of these payroll providers in the past or you’re currently on their books, HMRC …
HMRC release the names of three more tax avoidance schemes » Read the full story
After a legal battle with HM Revenue and Customs (HMRC), a tax avoidance scheme promoter has been handed a fine of over £1 million. Keep reading and find out more about this ground-breaking case, including details of the company that has been punished and how the £1 million fine was …
HMRC hands out £1 million fine to promoter of tax avoidance scheme » Read the full story
Stakeholders have recently scrutinised the FCSA because of recent changes to their Codes of Compliance. In this article, we share an exclusive interview with Chris Bryce, CEO of the FCSA. Chris explains that the FCSA “wish to set the record straight” and has provided excellent insight into what has happened. …
Since we last reported, HMRC has updated its list of named tax avoidance schemes, promoters, enablers and suppliers. The newest additions are Novus Consultants Limited, Paybox Umbrella Limited, Saxonside Limited and T2 Outsourcing Limited. Keep reading and find out more about these unethical payroll providers and HMRC’s description explaining why …
An FCSA accredited umbrella company, Exchequer Solutions, has lost a First-Tier Tribunal against HMRC relating to an £11 million tax bill due to errors processing historical contractor expenses. In this article, we summarise the case between HMRC and Exchequer Solutions and share the FCSA’s official response to the First-Tier Tribunal …
In an online corporate report (‘Current list of named tax avoidance schemes, promoters, enablers and suppliers’), HMRC named and shamed three tax avoidance schemes. While three isn’t many, it’s a start. Keep reading for more information, including the warning signs of a tax avoidance scheme and what you should do …
HMRC name and shame three tax avoidance schemes » Read the full story
We’re delighted to announce that our team has been lucky enough to have an exclusive interview with Chris Bryce – the new CEO at the Freelancer and Contractor Services Association (FCSA). Please keep reading to discover Chris’s thoughts on his new job, the FCSA, regulating umbrella companies, and advice for …
An exclusive interview with Chris Bryce – the new CEO at the FCSA » Read the full story
