Inside IR35 Contractors: Don't Get Caught Out by Dodgy Umbrella Companies!
HMRC is aware of schemes that claim to increase your take-home pay by paying less Income Tax and National Insurance contributions. These schemes do not work and by using them you may be taking part in tax avoidance.
HMRC has published advice about working through an intermediary.
Topics covered are:
- How these schemes work
- Before you sign up to a scheme
- What you should check
- The risks of using these schemes
- If you've been asked to sign up to a scheme
- What you should do if you're involved in these types of schemes
The link to the full article is here: https://www.gov.uk/guidance/tax-avoidance-schemes-aimed-at-contractors-and-agency-workers