HMRC to issue fines to stop freelancers being exploited


Thu, 20 Oct 2016

HMRC has announced that it is creating a specialist team to examine working practices at businesses that use freelance employees in effectively full-time roles without offering any of the associated benefits, to gain a tax advantage by not having to pay employer national insurance contributions. HMRC warn that if any companies are found to be in breach of existing laws they could be fined up to 100% of the tax owed.




Category: Employment »  Agency workers. Keyword(s): National insurance. Area(s) of law: Employment; Tax.
Source: Times

 

This material is for information purposes only and does not constitute any form of advice or recommendation by us. You should not rely upon it in making any decisions or taking or refraining from taking any action. Please contact Brodies at mailbox@brodies.com if you would like us to advise you on any of the matters covered in this material.


Valid XHTML 1.0 Transitional  Valid CSS!

Free SSL Certificate