IR35 enquiries don’t seem to be bringing in the cash
Umbrella company contractors may be interested to learn that HMRC only yielded slightly over £200,000 last year from their enquiries into the IR35 status of self-employed workers.
HMRC to add 2,250 anti-avoidance tax inspectors
Umbrella contractors might like to know that Danny Alexander, the chief secretary to the Treasury, has said HMRC is to strengthen the size of its team tackling tax avoidance and evasion by adding more than 2,000 additional tax inspectors this autumn.
Is HMRC about to improve its service to contractors?
Umbrella company contractors and small business owners could be relieved to learn that HMRC intends to improve the level of service it supplies to taxpayers.
Does top rate of tax affect umbrella company contractors?
The Treasury has estimated that the 50p rate of income tax will bring in an extra £12.6 billion over the next five years.
Mortgage Verification Scheme is launched to combat fraud
Umbrella company contractors looking for a mortgage may be interested to hear that HMRC and mortgage lenders have got together and launched the Mortgage Verification Scheme aimed at reducing mortgage fraud.
More people turn to ISAs as their savings account of choice
Official figures from HMRC show that people are saving more in tax-free ISAs than ever before.
How can HMRC accurately measure the ‘tax gap’?
Umbrella contractors might be interested to learn that leading accounting bodies are calling into question the ‘tax gap’.
Poor service standards have been going on for years in HMRC
Umbrella company contractors may be interested to learn that MPs do not accept HMRC’s excuse that problems with implementing NPS were to blame for poor standards of service.
Fraudsters to be offered disclosure facility
HMRC is to offer a disclosure facility to taxpayers, including umbrella company contractors, it suspects of fraud.
Umbrella companies warned on using expense scheme
HMRC has issued a warning to recruiters, including umbrella companies, against the adoption of a new business model for travel and subsistence.
Will you get a demand or a rebate from HMRC this year?
Contractors may want to ask an accountant to check their tax position after HMRC admitted that as many as 16% of people could have paid an incorrect amount of tax in 2010-11.
New anti-fraud technology will save HMRC millions
Umbrella company contractors might want to take heed of the news that HMRC has got some new anti-fraud technology that it hopes will save it up to £20 million a year.
