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An umbrellacompanies.org.uk reader shares new non-compliant umbrella company arrangement with us

An umbrellacompanies.org.uk reader shares new non-compliant umbrella company arrangement with us

We have been made aware of an umbrella company offering contractors dividend payments to increase their pay retention. We’re not here to name names, and we’re not here to scaremonger. However, we are here to educate our readers and help contractors, freelancers, and temporary workers make well-informed decisions regarding their …

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What are the disadvantages of using an umbrella company?

What are the disadvantages of using an umbrella company?

Before this article, we wrote a short piece about the advantages of using umbrella companies. Now, we wanted to look at the other side and write another blog – this time focusing on the disadvantages of using an umbrella company. Keep reading to find out more. Not the most tax-efficient …

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Labour Market Intermediaries: LITRG publish 149-page report on umbrella companies

Labour Market Intermediaries: LITRG publish 149-page report on umbrella companies

As the countdown for off-payroll changes in the private sector draws ever closer, the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation, has released a 149-page report covering umbrella companies. The report makes for some interesting reading, and we recommend our readers take a look. …

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HMRC release corporate report that discusses marketed tax avoidance schemes

HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant”

A report published on the 26th November 2020 by HMRC discusses marketed tax avoidance schemes, and it makes for some fascinating reading. Entitled ‘Use of marketed tax avoidance schemes in the UK’, HMRC cover the size of the UK’s tax avoidance market, promoters of tax avoidance schemes, and what HMRC …

HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant” » Read the full story

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