'Aggressive' tax avoidance scheme in HMRC's sights

clock

HMRC has said it will pursue users and promoters of an "aggressive" tax avoidance scheme run by high flying recruitment business Anderson Group.

The scheme, uncovered by the BBC, exploits the government's Employment Allowance, and if not stopped could deprive the Treasury of tens of millions of pounds of National Insurance payments. Anderson Group said all of its services are fully compliant with UK tax laws. It denied it is promoting the scheme tax experts have branded "aggressive" and said it is a product being offered by one of its clients. Anderson Group, which calls itself the UK's "leading provider of support services to the recruitment industry" has hundreds of agencies and thousands of contractors on its books. T...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

More than one in five UK adults lack confidence in inheritance planning

More than one in five UK adults lack confidence in inheritance planning

Retirement planning and investments also areas where people lack confidence

Isabel Baxter
clock 20 November 2024 • 1 min read
Advisers face surge in demand as more deaths set to trigger IHT charge

Advisers face surge in demand as more deaths set to trigger IHT charge

Proportion of deaths subject to IHT will rise from 5.1% to 9.5% by 2029/30

Isabel Baxter
clock 14 November 2024 • 2 min read
Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Paul Geddes urges for caution on tax changes

Jen Frost
clock 18 October 2024 • 2 min read