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tax avoidanceSky News
•World
World
73% Informative
Some of Britain 's biggest recruitment companies linked to tax avoidance when placing workers into jobs.
Many of these workers were paid by umbrella companies that promised to take care of taxes but were operating tax avoidance schemes.
They worked by paying workers what were technically loans, instead of a salary.
This allowed them to circumvent paying income tax and National Insurance .
Many umbrellas paid PAYE to the exchequer, but schemes were pocketing deductions instead.
Tax avoidance is legal but HMRC has successfully challenged schemes in the courts.
Treasury will today unveil a package of reforms it will consult on as part of a crackdown on tax avoidance schemes.
Many recruiters were not aware umbrella companies they were working with were tax-avoiding schemes.
Government report concluded there could be " 70 to 80 non-compliant umbrella companies involved in the operation of disguised remuneration avoidance schemes".
VR Score
73
Informative language
71
Neutral language
56
Article tone
informal
Language
English
Language complexity
47
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links
