HMRC Warns Some Umbrellas Are Actually Tax Avoidance Schemes
According to an announcement issued by HMRC, some umbrellas are non-compliant and operate tax avoidance schemes; workers engaged by such firms risk huge future tax bills (e.g. the Loan Charge), whilst recruitment businesses engaging such umbrellas risk reputational as well as financial damage. According to HMRC, these schemes involve untaxed payments being made to workers […]