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4 days ago · It is HMRC’s view that all remuneration paid to employees of Abchurch Ltd is taxable. HMRC has previously published Spotlight 60 on Disguised remuneration schemes involving agency workers and ...
Feb 29, 2024 · HM Revenue and Customs (HMRC) has added a new name to the current list of named tax avoidance schemes, promoters, enablers and suppliers. The most recent update was on 29 February 2024 with the addition of Abchurch Ltd, Procorre LLP and React Administration service Limited. HMRC has provided additional information regarding its interpretation ...
Mar 17, 2024 · It is HMRC’s view that all remuneration paid to employees of Abchurch Ltd is taxable. HMRC has previously published Spotlight 60 on Disguised remuneration schemes involving agency workers and contractors employed by umbrella companies. HMRC is aware that some Umbrella Companies operate more than one scheme, for example, a standard compliant ...
Mar 20, 2024 · Paystone and Flex are alike, in that employees received a “secondary payment” with no income tax and NICs deducted, HMRC says. On Feb 29, HMRC blacklisted React Administration Services Ltd, Abchurch Ltd and, warned against since 2019, Procorre Ltd.
Oct 17, 2024 · HMRC publishes a list of named tax avoidance schemes, promoters, enablers and suppliers. It is not recommended that taxpayers use any of these schemes, as HMRC does not consider that they work and you may end up with a significant tax liability if you engage with the scheme suppliers. This list has been updated to hold all the named companies ...
Mar 1, 2024 · Danish Mehboob. The UK tax office added three new companies to its name-and-shame list for tax avoidance providers on Thursday, cracking down with new powers. His Majesty’s Revenue and Customs added Abchurch Ltd, Procorre LLP, and React Administration services Limited to its list of named tax avoidance schemes, promoters, enablers and suppliers.
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On Abchurch Ltd, HMRC states "Individuals provide services to end clients as employees of Abchurch Ltd. Employees receive part of their Abchurch Ltd remuneration at a rate close to the National ...
