Self-employed warned about dubious schemes

HMRC has issued a further warning to self-employed people not to be duped by umbrella companies offering to boost their take-home pay by limiting their tax liabilities and paying them through loan or investment arrangements. HMRC said: “These types of arrangements are likely to result in you paying additional tax, interest and perhaps penalties, and are never HMRC approved.”

The Daily Telegraph

Posted 21/09/2018