HMRC has refreshed its campaign to help contractors, who are self-employed or engaged through an agency or umbrella company, understand their pay arrangements. The intention being that individuals understand if they could be at risk, so they don’t get an unexpected tax bill. HMRC has asked that we share access to these resources with our readers.
Day: 14 December 2021
In addition to HMRC’s other actions, a call for evidence has been issued jointly by BEIS, HM Treasury and HMRC regarding umbrella companies. The document indicates concerns regarding regulatory and tax non-compliance in the sector, as well as signalling a clear intent to legislate, however to get it right information and evidence is sought on current arrangements.