HMRC tight-lipped on amnesty for travel and subsistence schemes
20 December 2012
Her Majesty’s Revenue & Customs (HMRC) is unable to tell Recruiter whether a settlement opportunity for participants involved in tax avoidance schemes announced yesterday will include those operating expenses schemes for temporary workers.
Thu, 20 Dec 2012
Her Majesty’s Revenue & Customs (HMRC) is unable to tell Recruiter whether a settlement opportunity for participants involved in tax avoidance schemes announced yesterday will include those operating expenses schemes for temporary workers.
Such schemes, whereby tax paid on expenses incurred by temporary workers is recouped and should be paid back in full to the temporary workers, has been under significant scrutiny in recent weeks, with one provider withdrawing its product from the market as a result.
An HMRC spokesperson says that “for legal reasons” they cannot say who will be invited to participate in the amnesty, but that it is applicable to a wide variety of individuals and companies. This follows Chancellor George Osborne’s promise of extra resources for HMRC made in his Autumn Statement.
Full details are available on the ‘Settlement opportunity for participants in tax avoidance schemes’ via HMRC’s website.
Her Majesty’s Revenue & Customs (HMRC) is unable to tell Recruiter whether a settlement opportunity for participants involved in tax avoidance schemes announced yesterday will include those operating expenses schemes for temporary workers.
Such schemes, whereby tax paid on expenses incurred by temporary workers is recouped and should be paid back in full to the temporary workers, has been under significant scrutiny in recent weeks, with one provider withdrawing its product from the market as a result.
An HMRC spokesperson says that “for legal reasons” they cannot say who will be invited to participate in the amnesty, but that it is applicable to a wide variety of individuals and companies. This follows Chancellor George Osborne’s promise of extra resources for HMRC made in his Autumn Statement.
Full details are available on the ‘Settlement opportunity for participants in tax avoidance schemes’ via HMRC’s website.
