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 […]

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 […]

Five Isle of Man Based Businesses Named As Tax Avoidance

HMRC has named five more businesses in it’s list of tax avoidance schemes and promoters.  The latest batch are all based in the Isle of Man: Collect Consulting Limited Connections Ltd First Step Consulting Limited Simply Consulting Ltd Total Recruitment Services Ltd As ever, please remember that HMRC’s list is not fully comprehensive, and there […]

Two More Tax Avoidance Schemes Named By HMRC

HMRC has just added two companies to their list of ‘named tax avoidance schemes’.  The two new additions are: Acacia Resourcing Services Limited  (company number 12302211) Marquee Ltd  (company number 11477273) Please note that there are few companies in the sector with similar names, so always check their company registration number which should be listed […]

Prison For Tax Avoidance Promoters

The Chancellor’s Budget seemed to be mostly a PR exercise with headline policies focused on getting us all working, such as free childcare and initiatives to support the employment prospects of people with disabilities and long-term health issues.  Despite all the good news, we were disappointed that the self-employed and temporary workforce seemed largely forgotten, […]

Hive Umbrella Added To HMRC List Of Schemes

HMRC has again updated their list of named tax avoidance schemes and promoters, this time with the addition of Hive Umbrella Limited.  This is the second update in the space of one week! The basis of Hive Umbrella’s operation involves temporary/contract/agency workers receiving NMW and “Ad hoc Pay Advances”.  This ‘advance’ represents an interest free […]