Umbrella Tag

HMRC fraud team targets mini umbrella companies

May 26, 2022

HMRC is ramping up its activity against mini umbrella companies using both its civil and criminal powers to challenge use and curb abuse HMRC’s Fraud Investigation Service has deregistered tens of thousands of mini umbrella companies which they believed were involved in exploiting the VAT Flat...

Accountancy, Tax

HMRC warning on risk of tax avoidance via umbrella companies

Oct 18, 2021

by Scott Davenport

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HMRC has updated its guidance for companies using temporary labour to reduce the risk of using an umbrella company that uses tax avoidance schemes Some umbrella companies are non-compliant and operate disguised remuneration schemes. These schemes claim to prevent certain payments made to workers from being...

Davenports Accountancy

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Umbrella Tag

HMRC fraud team targets mini umbrella companies

HMRC warning on risk of tax avoidance via umbrella companies