HMRC hands out £1 million fine to promoter of tax avoidance scheme
After a legal battle with HM Revenue and Customs (HMRC), a tax avoidance scheme promoter has been handed…
FCSA “set the record straight” regarding accusations from stakeholders about holiday pay and Codes of Compliance
Stakeholders have recently scrutinised the FCSA because of recent changes to their Codes of Compliance. In this article,…
HMRC updates list of named tax avoidance schemes, promoters, enablers and suppliers
Since we last reported, HMRC has updated its list of named tax avoidance schemes, promoters, enablers and suppliers.…
First-Tier Tribunal rules in favour of HMRC leaving umbrella company Exchequer Solutions facing £11 million tax bill
An FCSA accredited umbrella company, Exchequer Solutions, has lost a First-Tier Tribunal against HMRC relating to an £11…
HMRC name and shame three tax avoidance schemes
In an online corporate report ('Current list of named tax avoidance schemes, promoters, enablers and suppliers'), HMRC named…
An exclusive interview with Chris Bryce – the new CEO at the FCSA
We’re delighted to announce that our team has been lucky enough to have an exclusive interview with Chris…
How Do Umbrella Companies Make Money?
There is a common misconception that umbrella companies are raking it in. In reality, the only income that…
Umbrella company cloning remains a serious threat to the sector in 2022
Sadly, the threat of umbrella company cloning doesn’t appear to have faded away. Instead, it remains a severe…
What is the difference between a compliant umbrella company and a tax avoidance scheme?
There is no hiding from the fact that changes to IR35 (off-payroll) have resulted in more unscrupulous tax…
How Can You Help The Government Regulate The Umbrella Company Sector?
The government has unveiled a new open consultation, and they would like you to help. Whether you work…
Is The Government On The Verge Of Regulating Umbrella Companies?
Unusually, the government has opened a consultation to “call for evidence to ensure it has an up-to-date and…
Helpful information if you are unpaid by an umbrella company
Sadly, it appears that a well-known umbrella company has filed for liquidation - leaving hundreds of contractors potentially…
