A new term: "Advanced Umbrella"

[SueEllen]

But when you see things like this on the web that I spotted today -

Enjoy Up To 90% Of Income After Tax & NI Contributions

We deliver transparent, honest and fully compliant advice on your possible returns. At Paye Compare dot com we refuse to take risks to give a nominal increase in take home value which could result in an HMRC investigation.

Is it any wonder some folk are taken in by it? Shouldn't website advertising like this be illegal? May be it already is?

You will need to report them to ASA but only if it is a banner ad. You will have to take a screen shot of it and say the website you saw it on.

[Fred Bloggs]

You will need to report them to ASA but only if it is a banner ad. You will have to take a screen shot of it and say the website you saw it on.

The whole flippin' website is full of the bull***t. It is possibly the worst example I've seen yet of leading people down the garden path and for 15 to 17% in fees! It is about time HMRC got a grip on this and had a whistle blowing website where you could report this kind of stuff. It's easy to understand how gullible and greedy people can be sucked in by this.

[lucyclarityumbrella]

Unfortunately there's a massive gap between what they can offer and what you should take home through an "unadvanced" umbrella (no offence Lucy!); this plays on the inherent greed of humans and a belief that they're being hard done to by having to pay what they should.

No offence taken, but are you suggesting that some contractors may have a "greedy" streak?

[NotAllThere]

No offence taken, but are you suggesting that some contractors may have a "greedy" streak?

Oy - no trolling in the professional forums.

[lucyclarityumbrella]

Oy - no trolling in the professional forums.