HMRC Names Annuity Scheme On Latest Tax Avoidance List
HMRC’s list of named tax avoidance schemes and promoters has been updated with two new additions: Canopaye Limited Integra Resourcing Limited (Malta) Canopaye promoted an annuity arrangement which is a relatively new type of tax avoidance scheme. HMRC said: “private annuities, such as those used in this scheme, are very rare.” An annuity is a form […]
HMRC Names Latest Tax Scheme
The government has added another tax avoidance scheme – Alpha Republic Ltd – to its growing list of companies currently posing a threat to workers, recruitment agencies and businesses engaging temporary workers. Thirty-three tax avoidance schemes have now been identified by the government and can be found here. Alpha Republic Ltd (of 85 Great Portland […]
Doug Barrowman Linked With Businesses On HMRC’s Tax Avoidance List
HMRC has updated their list of named tax avoidance schemes, with five new additions: – Able Ltd – AML Tax (UK) Limited – Contractor Central Accounting Ltd – Denmedical UK Limited – Tailored UK Services Ltd Doug Barrowman is a well known figure within the contractor space, and many in the sector have long been […]
HMRC Updates List of Named Tax Schemes
It’s now 3 weeks since their last update, and HMRC’s list of named tax schemes today (24/11/22) sees the following added: Charteris Management Ltd Plus HMRC name several businesses linked to them, some of which were already listed: Greenwich Contracts Limited Griffith Anderson Limited Howe Consultancy Limited (Incorporated in Isle of Man) Integra Resourcing Limited […]
Crackdown On Advisors Promoting Tax Avoidance Schemes
A group of cross-party MPs have called on the UK government to begin cracking down on the accountants and financial advisors that facilitate tax avoidance schemes according to City A.M. In a new report, the all-party parliamentary group (APPG) on anti-corruption and responsible tax called for the UK’s tax system to be overhauled, to boost […]
HMRC Publish “Spotlight” Warning About Umbrellas
HMRC have issued a “spotlight” warning to agency workers and contractors, providing them with information about potential tax avoidance relating to using umbrellas. (Spotlights are HMRC’s series of publications about potential tax avoidance.) In this latest edition, HMRC explain how some umbrellas benefit from operating disguised remuneration schemes and how these might increase your net […]
More Additions To HMRC’s List
Just a fortnight after it’s last version, HMRC has updated their list of ‘named tax avoidance schemes, promoters, enablers and suppliers’. The full list is now: Absolute Outsourcing Limited Contractorcare Limited Countrywide Partners Limited Gateway Outsource Solutions Limited Industria PAYE Limited Novus Consultants Limited Paybox Umbrella Limited PAYEme Limited Peak PAYE Limited Pure Invoicing Limited Purple […]
Latest Additions To HMRC’s Tax Avoidance List
HMRC have just published an updated list of ‘named tax avoidance schemes, promoters, enablers and suppliers’. There are four new additions: Countrywide Partners Limited Industria PAYE Limited Pure Invoicing Limited U R Group Limited There are now 11 companies on the list in total, and the latter 3 added today (Industria, Pure and UR) are […]
HMRC Names Tax Avoidance Schemes
HMRC have added three more to their ‘name and shame’ list of tax avoidance schemes. They are: Novus Consultants Limited ( formerly Novus Ltd) (NOL) / Contractor Corner Accounting Limited (CCA) Paybox Umbrella Limited T2 Outsourcing Limited Those already listed were: Absolute Outsourcing Peak PAYE Limited Purple Pay Limited / Equity Participation Scheme Saxonside Limited […]