Really CWJobs?

[d000hg]

Up to 88% earnings retention, £500 Joining Bonus, Compliant with HMRC

Interested in getting the most out of running your own limited company...

AND receiving a £500 bonus for signing up?

As a contractor looking for good returns it is most likely that you are using or planning to use a Limited Company.

If that is the case we have a simple proposition for you. We can significantly increase the money you can access through a Limited Company by combining it with expert tax planning. Not only can we increase your financial efficiencies, we will also improve the day to day management of your Limited Company by providing you with an accounting service solely focused on contractors requirements.

Seriously, HMRC and the government are making tax evasion headline news and one of the big job-boards is advertising some dodgy scheme?

[moggy]

Seriously, HMRC and the government are making tax evasion headline news and one of the big job-boards is advertising some dodgy scheme?

Selling the advertising space is just business.. CUK does much the same i think, pretty sure i have seen adverts or banners for similar companies here.

[DodgyAgent]

Seriously, HMRC and the government are making tax evasion headline news and one of the big job-boards is advertising some dodgy scheme?

how do you know it is dodgy?

[d000hg]

The clue for me is that they say "approved by HMRC".

[eek]

The clue for me is that they say "Compliant with HMRC".

FTFY as these scams are never approved by HMRC merely compliant with HMRC creating a new one for you a few years down the line.

[d000hg]

In seriousness, I am somewhat surprised Cameron hasn't cracked down on people advertising these schemes - wonder if they'll ban advertising even if they don't/can't ban the schemes themselves?

Smoking is legal but advertising cigarettes isn't, before someone points out that avoidance is legal.

[moggy]

In seriousness, I am somewhat surprised Cameron hasn't cracked down on people advertising these schemes - wonder if they'll ban advertising even if they don't/can't ban the schemes themselves?

Smoking is legal but advertising cigarettes isn't, before someone points out that avoidance is legal.

Didn't Cameron's father make his money in off-shore schemes..

[d000hg]

Didn't Cameron's father make his money in off-shore schemes..

And what does that matter? You're not responsible for your father's actions. Cameron has made it clear he doesn't like such schemes regardless.

[eek]

And what does that matter? You're not responsible for your father's actions. Cameron has made it clear he doesn't like such schemes regardless.

It is more profitable, less work for HMRC (and they don't have the staff) to attack scheme users at the end rather than at the beginning.

If you think HMRC are going to attack schemes early on you are just not cynical enough.

[northernladuk]

how do you know it is dodgy?

HMRC's own site states...

Tax planning to be wary of
It sounds too good to be true.
Artificial or contrived arrangements are involved.
It seems very complex given what you want to do.
There are guaranteed returns with apparently no risk.
There are secrecy or confidentiality agreements.
Upfront fees are payable or the arrangement is on a no win/no fee basis.
The scheme is said to be vetted by a top lawyer or accountant but no details of their opinion are provided.
The scheme is said to be approved by HMRC (it does not follow that this is true).
Taxation of income is delayed or tax deductions accelerated.

HM Revenue & Customs: Tackling tax avoidance: Spotlights