Take Home Pay Umbrella Companies
Editor | 29 August 2018
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The government has issued a warning about agencies and umbrella companies that claim to be able to help you save on tax and boost your take home pay.

Although everything may look legitimate and above board, these companies actually run tax avoidance schemes that could land you with a bigger tax bill and penalties, HMRC said.

The ‘too good to be true’ schemes work in different ways, but operators usually promise to reduce your tax liability and help you keep more of your income.

Higher rate contractors: Claim up to £400 in pension tax relief. Don't Miss Out!

Higher and additional rate contractors could be missing out on a significant tax refund because they aren’t claiming back the full tax relief on their pension contributions.

Richard Perch, who heads up the social work and healthcare division at Umbrella.co.uk said: “We think that this is the biggest tax relief that goes unclaimed by higher and additional rate contractors."

Congratulations to Reece Griffiths on winning July Umbrella.co.uk Employee of the Month. Reece Joined Umbrella.co.uk Payroll Team from University. "Over the past year Reece has grown in to the role and has become an integral part of our payroll function. Reece shows great attention to detail and has become a go to person with in the team." Jon Biddle - Chief Operating Officer

Congratulations to Reece Griffiths on winning July Umbrella.co.uk Employee of the Month.

Reece Joined Umbrella.co.uk Payroll Team from University.

"Over the past year Reece has grown in to the role  and has become an integral part of our payroll function. Reece shows great attention to detail and has become a go to person with in the team." Jon Biddle - Chief Operating Officer

 

HMRC Claims Fraudster’s £70,000 Poker Win
Editor | 23 August 2018
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A convicted fraudster from Preston has been ordered to pay £70,000 that he won in a Manchester poker game to the tax office.

Adam Lulat was jailed for 28 months in 2015 for his involvement in a £40 million money laundering scam and VAT fraud.

 

Care providers urged to consult HMRC on sleep-in shifts

HMRC is offering to help social care providers who may not have paid workers a National Minimum Wage  for sleep-in shifts.

Underpaying employers in the social care sector can avoid fines of up to £20,000 per worker if they join the Government’s social care compliance scheme (SCCS).

The move comes after the court of appeal reversed a ruling on payment for sleep-in shifts last month.