tax evasion Archives | Umbrella Companies

tax evasion

Greedy contractors could be fueling tax avoidance schemes

Greedy contractors could be fueling tax avoidance schemes

We’re grateful to have some friends within the umbrella company marketplace who are well-positioned to share valuable experiences with our readers. We’re surprised to hear the number of contractors who complain to umbrella companies about their take-home pay and how other umbrella companies are quoting them more. Some temporary workers […]

Greedy contractors could be fueling tax avoidance schemes » Read the full story

The warning signs of a tax avoidance scheme

The warning signs of a tax avoidance scheme

Using an umbrella company is a simple, hassle-free way to get paid as a contractor, and the majority of umbrella companies operate in a compliant fashion. Unfortunately, there are a few unscrupulous tax avoidance schemes that disguise themselves as umbrella companies, and using one of these could land you in

The warning signs of a tax avoidance scheme » Read the full story

HMRC release corporate report that discusses marketed tax avoidance schemes

HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant”

A report published on the 26th November 2020 by HMRC discusses marketed tax avoidance schemes, and it makes for some fascinating reading. Entitled ‘Use of marketed tax avoidance schemes in the UK’, HMRC cover the size of the UK’s tax avoidance market, promoters of tax avoidance schemes, and what HMRC

HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant” » Read the full story

What is a tax avoidance scheme?

How to spot a tax avoidance scheme, and why you should never use one

To put it bluntly – tax avoidance schemes are evil. They trick you into thinking paying less tax is fine and they’ll help you retain more of your hard-earned money. But what they fail to mention is the fact that if you engage with one, you’ll more than likely face

How to spot a tax avoidance scheme, and why you should never use one » Read the full story

HMRC prosecutes tax evading IT contractor

IT contractors should be aware that HMRC will track down anybody it believes could be guilty of tax evasion as a Scottish consultant found to his cost recently.

HMRC prosecutes tax evading IT contractor » Read the full story

Are umbrella company contractors waiting with bated breath for the Budget?

It’s Budget Day tomorrow; the weeks of speculation will be over and UK taxpayers, including umbrella company contractors, will discover what is in store for them over the next 12 months.

Are umbrella company contractors waiting with bated breath for the Budget? » Read the full story

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