Contractors could be in line for tax rebates
Millions of taxpayers, including umbrella company contractors, could be in line for a tax refund after HMRC reconciles its books.
Should large companies pay their full tax liability?
The National Audit Office is to investigate the way tax inspectors from HMRC reach settlements with multinational companies after Vodafone’s £1.2 billion settlement caused uproar.
Contractors contacted by HMRC told not to bury their heads in the sand
Due to recently discovered errors, HMRC has sent out its first round of approximately 45,000 letters to taxpayers, potentially including umbrella company contractors, informing them that their taxes were wrong. The total number of letters sent out should top 6 million by the end of this year.
