Tag - self assessment

HMRC to turn spotlight on umbrella companies

HMRC to turn spotlight on umbrella companies

See on Scoop.it – Beat The Cowboy Builder The taxman is turning the spotlight on umbrella companies as the clampdown on false self employment in construction continues. Thousands of site workers are being shifted into being paid via umbrella companies by employment agencies as the industry tries to avoid taking staff on directly. But industry experts believe HM Revenue & Customs will be clamping down on the practice. Umbrella companies make PAYE and National Insurance deductions for workers and allow them to offset [...]

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