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 […]
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 […]
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 […]
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 […]
035 Why You Need To Know About Corporate Criminal Offence
The recruitment sector pays salaries to millions of temporary workers and contractors, and this volume of money makes it a target for potential tax evasion. In 2017 new legislation was introduced, the Criminal Finances Act, which makes failing to prevent tax evasion a ‘Corporate Criminal Offence’. Some contractors have unknowingly been involved in tax evasion, […]