Revealed: temp agencies' avoidance scheme costs taxpayers 'hundreds of millions' - News Summed Up

Revealed: temp agencies' avoidance scheme costs taxpayers 'hundreds of millions'


An aggressive tax avoidance scheme used by temp recruitment agencies is depriving the taxpayer of “hundreds of millions” of pounds a year, a Guardian investigation has found. HMRC’s firm view is that such schemes are notifiable under the disclosure of tax avoidance schemes (Dotas) rules. You’ve already got Dotas but [ours is] not a tax avoidance scheme so you don’t have to declare it to Dotas. Marketing materials produced by Premier Payco, and seen by the Guardian, claim the company has 6,000 temporary workers enrolled in its scheme. Burberry and G4S said they had not benefited from any of the tax arrangements of their employment agencies.


Source: The Guardian November 15, 2016 12:58 UTC



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