Contractors beware: HMRC targeting umbrella corps

Umbrella firms threatened with deregistration, taxes and arrests

clock • 2 min read
Contractors beware: HMRC targeting umbrella corps

The UK's tax authority, HM Revenue and Customs (HMRC), is cracking down on umbrella companies that contractors use to pay their taxes.

According to multinational law firm Pinsent Masons, the number of First Tier tax tribunal cases awaiting hearing has surged more than sevenfold since the same quarter last year. At the end of Ju...

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