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.
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.