UK's HMRC warns public about tax avoidance through umbrella companies due to unexpected tax bills.
The UK's HM Revenue and Customs (HMRC) is warning the public about tax avoidance schemes, particularly through umbrella companies. Following incidents where individuals, including a nurse and an IT project manager, received unexpected tax bills, HMRC urges everyone to review their payslips and contracts. Key red flags include untaxed payments and discrepancies between received amounts and payslips. The agency emphasizes the serious consequences of tax avoidance.
October 21, 2024
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