Tax Avoidance Schemes

The latest discovery by HMRC of an umbrella company servicing contractors is likely part of a tax avoidance scheme is a stark reminder to freelancers and temp workers that they must do background research on an umbrella company's Companies…

Automating background checks to weed out tax-avoiding umbrella companies could save HMRC time and resources compared to manual investigations. It could also save thousands of freelancers financial heartbreak. Here we share 25 reasons why…

OPINION HMRC spent 6.5% of its £6.8bn annual budget fighting tax avoidance, according to its 2022/23 expenditure report. For some people, this isn't enough. They feel the tax authority should be spending more of its budget on…

The Treasury is proposing to double maximum sentences for the most egregious cases of fraud from 7 to 14 years to crack down on tax fraud and deter criminal actions, it was reported today. The Treasury is introducing tougher measures on…

Two employment tribunals have found that two umbrella companies made unlawful deductions from their employees whilst being FCSA-accredited. In a separate case, it has been found that a KC-approved ‘mini umbrella’ has cost taxpayers £50m…

ICAEW's Tax Faculty is proposing safeguards for directors of alleged tax avoidance schemes in response to HMRC’s latest proposals that would allow a criminal offence to be applied where promoters fail to comply with a stop notice and…

OPINION By Fred Dures, PayePass HMRC’s commissioned research into disguised remuneration schemes has been described as a “waste of time” with the assessment of the impact of tax avoidance schemes failing to…