Tax Avoidance Schemes Archives - Freelance Informer https://www.freelanceinformer.com/category/tax-avoidance-schemes/ Empowering the Freelance Economy Thu, 27 Mar 2025 05:45:36 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.1 https://www.freelanceinformer.com/wp-content/uploads/2020/09/FI-letter-logo-150x150.jpg Tax Avoidance Schemes Archives - Freelance Informer https://www.freelanceinformer.com/category/tax-avoidance-schemes/ 32 32 Spring Budget: self-employed face debt raids & fines https://www.freelanceinformer.com/news/spring-budget-self-employed-face-debt-raids-fines/?utm_source=rss&utm_medium=rss&utm_campaign=spring-budget-self-employed-face-debt-raids-fines https://www.freelanceinformer.com/news/spring-budget-self-employed-face-debt-raids-fines/#respond Wed, 26 Mar 2025 21:14:20 +0000 https://www.freelanceinformer.com/?p=28384

The UK’s self-employed must brace for HMRC’s latest direct debt recovery, penalty fees and filing burdens. But there is some promising news on the horizon: the government is coming down hard on tax avoidance schemes that target independent workers This article has been updated on 27.03.25 2025 SPRING BUDGET What is covered in this report: […]

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Employment Rights Bill: Workers on zero-hours contracts can decline guaranteed hours says latest government proposals https://www.freelanceinformer.com/news/employment-rights-bill-workers-on-zero-hours-contracts-can-decline-guaranteed-hours-says-latest-government-proposals/?utm_source=rss&utm_medium=rss&utm_campaign=employment-rights-bill-workers-on-zero-hours-contracts-can-decline-guaranteed-hours-says-latest-government-proposals https://www.freelanceinformer.com/news/employment-rights-bill-workers-on-zero-hours-contracts-can-decline-guaranteed-hours-says-latest-government-proposals/#respond Thu, 06 Mar 2025 07:59:27 +0000 https://www.freelanceinformer.com/?p=27677

In this article, we provide an abbreviated breakdown of the key proposals of The Employment Rights Bill pertaining to zero-hours contracts and non-compliance in the umbrella company sector. Plus, commentary from those serving contractors and umbrella workers. The Employment Rights Bill has moved a step closer to becoming law. This Bill will have overarching implications […]

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HMRC anti-avoidance strategy put into question following 100 identified schemes https://www.freelanceinformer.com/tax-avoidance-schemes/hmrc-anti-avoidance-strategy-put-into-question-following-100-identified-schemes/?utm_source=rss&utm_medium=rss&utm_campaign=hmrc-anti-avoidance-strategy-put-into-question-following-100-identified-schemes https://www.freelanceinformer.com/tax-avoidance-schemes/hmrc-anti-avoidance-strategy-put-into-question-following-100-identified-schemes/#respond Tue, 10 Sep 2024 15:43:39 +0000 https://www.freelanceinformer.com/?p=24108

HMRC recently added four more tax avoidance schemes to its list of known promoters. While this should be positive news, it raises concerns about the effectiveness of HMRC’s anti-avoidance strategy. Qdos, a tax compliance expert, points out that despite identifying a growing number of schemes, thousands of contractors and freelancers remain at risk of non-compliance. […]

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Umbrella industry left unregulated for another year https://www.freelanceinformer.com/news/umbrella-industry-left-unregulated-for-another-year/?utm_source=rss&utm_medium=rss&utm_campaign=umbrella-industry-left-unregulated-for-another-year https://www.freelanceinformer.com/news/umbrella-industry-left-unregulated-for-another-year/#respond Thu, 18 Apr 2024 13:58:53 +0000 https://www.freelanceinformer.com/?p=21281

Freelancers left frustrated by latest government inaction over umbrella company tax avoidance protections Freelancers forced to work through umbrella companies were left disappointed today after the government’s announcement on tackling tax avoidance within the industry. Industry experts question why the taxmen have decided to kick the can instead of doing what they can. OPINION There’s […]

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Assignment rate unravelled: questions to ask before you accept an off-payroll job https://www.freelanceinformer.com/news/ir35/assignment-rate-unravelled-questions-to-ask-before-you-accept-an-off-payroll-job/?utm_source=rss&utm_medium=rss&utm_campaign=assignment-rate-unravelled-questions-to-ask-before-you-accept-an-off-payroll-job https://www.freelanceinformer.com/news/ir35/assignment-rate-unravelled-questions-to-ask-before-you-accept-an-off-payroll-job/#comments Fri, 05 Jan 2024 14:16:32 +0000 https://www.freelanceinformer.com/?p=18104

SPECIAL REPORT If you are starting your contracting journey in 2024 or deciding to take an off-payroll job especially one that the recruitment agency insists you work via an umbrella company, then there are some crucial things you need to understand before accepting a contract: what is included in an assignment rate When a client […]

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Another umbrella company caught in a tax avoidance scheme. The scope of damage yet to be determined https://www.freelanceinformer.com/news/another-umbrella-company-caught-in-a-tax-avoidance-scheme-the-scope-of-damage-yet-to-be-determined/?utm_source=rss&utm_medium=rss&utm_campaign=another-umbrella-company-caught-in-a-tax-avoidance-scheme-the-scope-of-damage-yet-to-be-determined https://www.freelanceinformer.com/news/another-umbrella-company-caught-in-a-tax-avoidance-scheme-the-scope-of-damage-yet-to-be-determined/#respond Sat, 23 Dec 2023 13:38:06 +0000 https://www.freelanceinformer.com/?p=17639

The latest discovery by HMRC of an umbrella company servicing contractors is likely part of a tax avoidance scheme is a stark reminder to freelancers and temp workers that they must do background research on an umbrella company’s Companies House profile before signing up. HMRC won’t proactively do it, so you have to. A Sidcup-based […]

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25 Reasons why HMRC could use AI for umbrella company background checks https://www.freelanceinformer.com/umbrella-companies/25-reasons-why-hmrc-could-use-ai-for-umbrella-company-background-checks/?utm_source=rss&utm_medium=rss&utm_campaign=25-reasons-why-hmrc-could-use-ai-for-umbrella-company-background-checks https://www.freelanceinformer.com/umbrella-companies/25-reasons-why-hmrc-could-use-ai-for-umbrella-company-background-checks/#respond Sat, 23 Dec 2023 13:18:00 +0000 https://www.freelanceinformer.com/?p=17647

Automating background checks to weed out tax-avoiding umbrella companies could save HMRC time and resources compared to manual investigations. It could also save thousands of freelancers financial heartbreak. Here we share 25 reasons why the latest AI should be seriously considered a solution to a decades-old problem. By using artificial intelligence (AI) for background checks […]

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“Why are we waiting?”: HMRC spent £451m of its budget to combat tax avoidance. Why isn’t the umbrella industry just regulated instead? https://www.freelanceinformer.com/umbrella-companies/why-are-we-waiting-hmrc-spent-451m-of-its-budget-to-combat-tax-avoidance-why-isnt-the-umbrella-industry-just-regulated-instead/?utm_source=rss&utm_medium=rss&utm_campaign=why-are-we-waiting-hmrc-spent-451m-of-its-budget-to-combat-tax-avoidance-why-isnt-the-umbrella-industry-just-regulated-instead https://www.freelanceinformer.com/umbrella-companies/why-are-we-waiting-hmrc-spent-451m-of-its-budget-to-combat-tax-avoidance-why-isnt-the-umbrella-industry-just-regulated-instead/#respond Thu, 17 Aug 2023 18:42:25 +0000 https://www.freelanceinformer.com/?p=13361

OPINION HMRC spent 6.5% of its £6.8bn annual budget fighting tax avoidance, according to its 2022/23 expenditure report. For some people, this isn’t enough. They feel the tax authority should be spending more of its budget on “stopping the proliferation of tax avoidance schemes posing as umbrella companies,” one individual tells The Freelance Informer. That […]

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Treasury to double max sentences for tax avoidance and create a new criminal offence https://www.freelanceinformer.com/tax-avoidance-schemes/treasury-to-double-max-sentences-for-tax-avoidance-and-create-a-new-criminal-offence/?utm_source=rss&utm_medium=rss&utm_campaign=treasury-to-double-max-sentences-for-tax-avoidance-and-create-a-new-criminal-offence https://www.freelanceinformer.com/tax-avoidance-schemes/treasury-to-double-max-sentences-for-tax-avoidance-and-create-a-new-criminal-offence/#respond Tue, 18 Jul 2023 17:31:55 +0000 https://www.freelanceinformer.com/?p=12663

The Treasury is proposing to double maximum sentences for the most egregious cases of fraud from 7 to 14 years to crack down on tax fraud and deter criminal actions, it was reported today. The Treasury is introducing tougher measures on promoters of tax avoidance, through draft legislation that will create a new criminal offence that […]

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Alleged corruption strikes umbrella industry again https://www.freelanceinformer.com/news/alleged-corruption-strikes-umbrella-industry-again/?utm_source=rss&utm_medium=rss&utm_campaign=alleged-corruption-strikes-umbrella-industry-again https://www.freelanceinformer.com/news/alleged-corruption-strikes-umbrella-industry-again/#respond Fri, 07 Jul 2023 07:04:45 +0000 https://www.freelanceinformer.com/?p=12402

Two employment tribunals have found that two umbrella companies made unlawful deductions from their employees whilst being FCSA-accredited. In a separate case, it has been found that a KC-approved ‘mini umbrella’ has cost taxpayers £50m through a network out of the PhilippinesTwo umbrella companies that were both members of the FCSA have been taking unlawful […]

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