more-pay.com - anyone use this umbrella company

**eek** · 2 September 2011, 05:57

Originally posted by odm View Post

Anyone had any experience with this umbrella company? The claims are bold, but tempting.. please share your experiences if you have, thanks!!

How can they be an umbrella company and offer significantly more money then the umbrella company they list on their front page?

Its a tax avoidance scheme which may (but probably won't) work. Of course it will be a few years until HMRC get round to dealing with it by which time they may present you with a very large tax bill for a number of years.

Just go and read the BN66 threads to see what could happen or

http://forums.contractoruk.com/accou...k-schemes.html

**BrilloPad** · 2 September 2011, 07:24

My ex works for HMRC. Anyone whose tax return is submitted by someone called anything like "pay less tax" gets very heavy scrutiny.

**LisaContractorUmbrella** · 2 September 2011, 08:22

Well they say they're compliant and they have an 'endorsement' from a tax QC so they must be ok

**contractoralan** · 2 September 2011, 09:19

The difference between PAYE and Umbrella is only 2% and between umbrella and Ltd is only 1% for a standard 100K pa contract.

Interesting!

An important one in FAQ :

What about my timesheets?

You can submit your timesheets via an online service, or by email, fax, or post.

**malvolio** · 2 September 2011, 09:39

Originally posted by contractoralan View Post

The difference between PAYE and Umbrella is only 2% and between umbrella and Ltd is only 1% for a standard 100K pa contract.

Interesting!

Not the word I was thinking of. I was thinking more along the lines of "Inaccurate rubbish to get business from the gullible". But I could be wrong.

**ilovehr** · 2 September 2011, 11:01

A quick look on Whois

Shows that More-Pay.com is registered to AML on the Isle of Man.

Administrative contact:
Wilson, Michael (MW6992)
AML
Knox House
16 - 18 Finch Road
Douglas, Isle Of Man, IM1 2PT
IM
@amlimited.com
+44.1624616567 Fax: +44.1624616561

Run away! Run Away!

**Freelancer1** · 2 September 2011, 11:26

Originally posted by ilovehr View Post

Shows that More-Pay.com is registered to AML on the Isle of Man.

Administrative contact:
Wilson, Michael (MW6992)
AML
Knox House
16 - 18 Finch Road
Douglas, Isle Of Man, IM1 2PT
IM
@amlimited.com
+44.1624616567 Fax: +44.1624616561

Run away! Run Away!

......and if your interested its been noticed that on 22 Jun 2011 a Summary Court claim was submitted in the IOM against AML Limited by Boston Tax Limited. Interestingly Boston recently lost two of its most senior officers to Knox (which is connected to AML)

**Freelancer1** · 2 September 2011, 14:55

Does anyone know if the Michael Wilson named as the Administrative contact for more-pay.com is the one and the same as named in this Telegraph story??
United in greed, divided it falls - Telegraph

**cojak** · 2 September 2011, 15:29

[QUOTE=Freelancer1;1386654]Does anyone know if the Michael Wilson named as the Administrative contact for more-pay.com is the one and the same as named in this Telegraph story??
Ww w.telegraph.co.uk/comment/personal-view/3619082/United-in-greed-divided-it-falls.html

Mod note: you mean 2005 blog post about the Iraq war??

more-pay.com - anyone use this umbrella company