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Spotlight 55: umbrella company schemes

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In a new addition to its list of highlighted avoidance schemes, HMRC has issued guidance for taxpayers considering using an umbrella company to provide their services. Spotlight 55 notes that some umbrella companies are marketed via comparison websites, rating the companies based on customer service and fees charged. HMRC cautions individuals against signing up for or using umbrella companies that involve tax avoidance.

Issue: 1485
Categories: News