HMRC adds seven companies to list of tax avoidance schemes
HMRC adds seven companies to list of tax avoidance schemes
SIA Editorial Staff
| August 12, 2024
Main article
HM Revenue and Customs in the UK named seven new companies to its list of tax avoidance schemes, promoters, enablers and suppliers.
The following non-compliant companies were added on 8 August (each link provides details of the type of tax avoidance):
- Acquda Limited, 45-55 Commercial Street, London, E1 6BD
- Balance Bay Limited, 5272, 321-323 High Road, Romford, England, RM6 6AX
- On the Box Pay Ltd, Blinkbox Business Complex, Western Road, Deal, Kent, CT14 6PJ
- Rosewood WM IO Services Ltd (in liquidation), 3rd Floor 86-90 Paul Street, London, EC2A 4NE / Dynasty Payroll Solutions Ltd, International House, Admirals Way, London, E14 9XL
- RW Operations Ltd, 85 Great Portland Street, London, W1W 7LT
- Whitebridge Management Ltd, 71-75 Shelton Street, London, England, WC2H 9JQ
- Your PAYE Limited, former address: 167-169 Great Portland Street, London, W1W 5PF / current address: Floor 2, 10 Wellington Place, Leeds, LS1 4AP
SIA has reached out to these companies for comment in cases where contact information was available.
HMRC said it is aware that some umbrella companies operate more than one scheme, for example a standard compliant scheme and a non-compliant scheme. HMRC advises employees of theses to familiarise themselves with the guidance and to satisfy themselves that the correct amount of tax is being deducted on their income.
The full HMRC list of companies is available online.