HMRC Is Warning Of The Potential Dangers Of Engaging With A Tax Avoidance Scheme FI

HMRC is warning of the potential dangers of engaging with mini umbrella companies (MUC)

HMRC has issued a warning to contractors, agencies and end-clients to avoid mini umbrella companies (MUC) due to the serious risks they pose. By engaging with mini umbrella companies, contractors are able to increase their pay retention. However, not only are they non-compliant, they can damage the lives of the people who use them, and damage the reputation of the entire supply chain.