25 November 2024
HM Revenue and Customs (HMRC) has added three new names to the list of named tax avoidance schemes, promotors, enablers and suppliers. Additions seem to be becoming a regular occurrence with the previous updates coming only a week earlier.
The three new companies are:
Each addition follows the familiar pattern of a payment at or near National Minimum Wage (NMW) followed by an additional payment that was not subject to tax or National Insurance. Obviously, HMRC view this additional payment as earnings and not treated correctly for tax purposes.
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