Why not.
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Contractors Getting Investigated By HMRC?
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Originally posted by dspsyssts View PostWhat chance is there of getting a pull if you work with an umbrella company?
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("")("") Born to Drink. Forced to WorkComment
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Originally posted by EternalOptimist View PostA lot depends upon your incomings, out goings, and whether you have anything odd or strange about your profileWhile you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
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Originally posted by dspsyssts View PostEnough of the conspiracy theories already!
Im just asking if any other contractors using an umbrella company have any experience of bing investigated over their expenses.Comment
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I dont see what being client's disguised employee - sorry, an umbrella co's employee has anything to do with it.
As an employee, I would guess your expenses should be declared on your Self Assessment. Anyone who has to submit an SA100 is fair game for a random compliance review.
Never been under an umbrella co, but my ltd has had reviews a few times in the last 15 years. They will inevitably find some detail to pull you up on.
Maximum amount they have stung us for so far is about 3k. Turnover is about 400k with a 30k plus PAYE bill, so 3k is peanuts really.Comment
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Originally posted by minsky1 View PostI dont see what being client's disguised employee - sorry, an umbrella co's employee has anything to do with it.
As an employee, I would guess your expenses should be declared on your Self Assessment. Anyone who has to submit an SA100 is fair game for a random compliance review.
Never been under an umbrella co, but my ltd has had reviews a few times in the last 15 years. They will inevitably find some detail to pull you up on.
Maximum amount they have stung us for so far is about 3k. Turnover is about 400k with a 30k plus PAYE bill, so 3k is peanuts really.Comment
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Originally posted by minsky1 View PostI dont see what being client's disguised employee - sorry, an umbrella co's employee has anything to do with it.
As an employee, I would guess your expenses should be declared on your Self Assessment. Anyone who has to submit an SA100 is fair game for a random compliance review.
Never been under an umbrella co, but my ltd has had reviews a few times in the last 15 years. They will inevitably find some detail to pull you up on.
Maximum amount they have stung us for so far is about 3k. Turnover is about 400k with a 30k plus PAYE bill, so 3k is peanuts really.Comment
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Originally posted by Churchill View Post3K and a little flag saying that you're possibly dishonest and worth keeping an eye on.
Didnt I read somewhere (albeit a long while ago) that they were looking at paying commission to staff on income generated by compliance reviews?Comment
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