Payroll: Tax catch-up

An HM Revenue & Customs crackdown on tax avoidance is sending shockwaves through the contractor supply chain, as Colin Cottell reports.

Empowered by recent legislation, HMRC is taking action against up to 100,000 contractors who received part of their remuneration in the form of a loan or some other form of disguised remuneration rather than in taxable salaries or dividends, supposedly saving them thousands of pounds in tax and National Insurance.

As a result of this HMRC enforcement action,...

To continue reading this article you need to be registered with Recruiter . Registration is FREE and only takes minutes. Register here or sign in below if you already have an account.

Already registered? Login

Don't have an account?

Register for FREE today to access all premium online content and select your email preference.

We're here to help

If you have queries about accessing premium content, contact a Recruiter sidekick at [email protected] for more information or call +44 (0) 208 950 9117.

Editor's Leader OCTOBER 2018

We wanted to catch your attention and get you thinking from a new point of view alongside the sub

19 September 2018

Thoughts from... October 2018

19 September 2018

Establishing a balance

In the past decade, recruitment has moved away from the domination of the generalist and now favo

Recruitment Process Outsourcing, HR 19 September 2018

October September 2018

19 September 2018
Top