Knowledge is Power

Nowhere to hide – HMRC gets personal by naming Directors

It has been several months since HMRC began naming and shaming tax avoidance schemes to help prevent contractors from getting tied up with dodgy umbrella companies. But HMRC have just increased their powers and are now able to get more personal, by naming directors of schemes or directors of companies who promote of tax avoidance schemes.

With the list growing, the net is tightening around non-compliant umbrella firms who fail to look after contractors.

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