Offshore tax avoidance scheme could result in tax bills for 1600

Umbrella Company

Documents leaked to The Times have shown that many famous names, including Andrew Lloyd Webber, Katie Melua and George Michael may have contributed to the £1.2bn tax avoidance scheme which has been labelled as the largest ever marketed. HMRC are due to challenge the Liberty scheme, which was run by Leeds based company Mercury Tax, […]

Finance Bill confirms changes in the law with Employment Intermediaries

Green Lantern - CIS Scheme

Following March’s budget, the Finance Bill has now been released and confirms the position of the legislation post 6th April.   With a small amount of time before the new regulations become effective, there is now significant pressure on recruitment companies to ensure their processes are compliant in relation to onshore intermediaries and  in particular, self […]

Engaging a CIS worker through a limited company – what do you need to do?

CIS Workers

What’s changed? Since the introduction of the onshore employment rules came into force in April 2014, there has been some confusion amongst the industry about the correct way to engage with CIS workers whilst minimising the risk to a recruitment company.  Many contractors have decided to seek employment via an umbrella company, however some have […]

Contractor rates see highest growth since November 2007

Umbrella Company

According to the latest Report on Jobs produced by KMPG and the Recruitment and Employment Confederation (REC), the availability of temporary and contract staff has shrunk sharply in the fact of high demand, and has seen the sharpest drop since March 1998.  As a consequence, rates of pay now available to contractors have seen the […]