Effective from 6 April 2025, the long -standing non-domiciled (‘non-dom’) tax system has been abolished with the consequence that everyone residing in the UK is now subjected to new rules affecting taxation of worldwide income and assets, regardless of their domicile status. Non-dom refers to a person’s tax status and has nothing to do with […]

Money raised by charities provides enormous and essential assistance to many sections of society and reflects the dedicated and time-consuming efforts of many unpaid volunteers. As with most activities involving the raising of funds, it is essential to consider the requirements established by HMRC. In the context of charitable fundraising, particular attention must be paid […]

In a previous article entitled ‘Formal Review of The Loan Charge,’ part of a series of articles addressing tax avoidance schemes and umbrella companies, we mentioned the powers enjoyed by HMRC when tax evasion is suspected. Furthermore, we mentioned HMRC’s warning that such schemes never work, as supported by decisions of the Supreme Court in […]

In previous article on the ‘Allocation of Tips’ we commented that: ‘The Employment (Allocation of Tips) Act 2023 does not change how these payments should be assessed for tax and National Insurance Contributions and they must all be accounted for to HMRC by either the employer or the employee in a manner depending on the […]

Previous articles on our website have explained the effectiveness of umbrella companies in facilitating the management of contingent workers. These companies manage administrative responsibilities including handling payroll, National Insurance Contributions (NIC) and tax deductions. Additionally, we have focused upon the ongoing scrutiny of the industry arising from compliance, tax evasion schemes, worker exploitation and regulatory […]

A Managed Service Company (MSC) employs a specific company structure to deliver administrative services to other businesses. These services include the calculation of PAYE, profits and dividends, as well as dealing with both Companies House and HMRC. Liability to HMRC for PAYE and National Insurance Contributions arising from earned income, predominantly arises in three ways. […]