HMRC Names Latest Tax Avoidance Schemes – December 2023
HMRC has published an update to their list of named tax avoidance schemes and promoters, with the following additions: Griffith Anderson Limited Purple Pay Limited (added on 7 December) Rainbowpay Ltd They have also updated the information they list for Bluemoore Associates Ltd. HMRC’s list keeps on growing, in a never-ending cycle. And it will never end […]
Chancellor’s Autumn Statement – A Damp Squib?
The Chancellor has delivered his Autumn Statement, which, despite all the rhetoric and propaganda, was largely a damp squib for contractors, temps and self-employed people. Here we explain why. Self-employed A big headline was the abolition of class 2 NICs paid by self-employed people earning over £12,570, and reducing class 4 NICs from 9% to […]
HMRC names latest tax avoidance schemes
HMRC has published an update to their list of named tax avoidance schemes and promoters, with the following additions: Bluestar Financial Solutions Limited Buckingham Wealth Ltd Excala Solutions Limited Hive Umbrella Ltd PAYE Services Limited Whilst there are currently some 60+ companies named on HMRC’s list, please be aware that it is not fully comprehensive […]
Why Is No-one Holding HMRC To Account?
Bereaved families of loan charge suicides are still pursued by HMRC for the sums owed We were surprised to learn that HMRC continues to pursue bereaved families of loan charge suicides for the monies owed by their now deceased relative. This is shocking, even to us as long-time campaigners against HMRC’s abhorrent Loan Charge […]
HMRC To Reduce Phone Call Volume By 30%
HMRC’s chief executive, Jim Harra has told MPs he aims to cut the volume of phone calls to HMRC by nearly a third by the end of 2024. During a session with the Treasury Select Committee, Harriet Baldwin MP pointed out that there is a 5% reduction in customer service staff in HMRC’s annual report. […]
HMRC Names More Tax Avoidance Schemes
HMRC has updated their list of named tax avoidance schemes and promoters, with the following additions: Pay Rec Limited Prime Umbrella Services Ltd SmartPay Limited Please remember that there are many more schemes out there so you can’t solely rely on HMRC’s list, but it is a good starting point. HMRC started publishing their list of named […]
HMRC’s Latest Named Tax Avoiders, August 2023
HMRC has updated their list of named tax avoidance schemes and promoters, with the following additions: ABC Umbrella Ltd Dalespay Ltd IP Global Consulting Ltd The entries first published on 7 July 2022 have been removed from HMRC’s list as the only remain listed for 12 months. HMRC started publishing their list of named tax avoidance […]
Tax Avoidance Promoters Risk Imprisonment
The government has published draft legislation following their consultation on tougher consequences for promoters of tax avoidance – good news for contractors and temporary workers who are often targeted by such schemes. The new legislation means that persistent promoters of tax avoidance could be subject to: issue unlimited fines; and up to 2 years imprisonment. […]
More Tax Avoidance Schemes Named
HMRC has again (05/07/23 and 28/06/23) updated their list of named tax avoidance schemes and promoters, with the following additions: Bluemoore Associates Ltd Compliant Pay Ltd/Ultimate Planning Ltd PAYE Services Limited Peak PAYE Limited Resource Hubco Limited Vision HR Solutions Ltd Veqta Ltd The entries first published on 7 July 2022 have been removed from HMRC’s list as […]