Loading...
Loading...
Named Tax Avoidance Scheme published by HM Revenue & Customs
The arrangements involve individuals providing their services to end clients, via employment agencies where applicable, as employees ofGLPlatinum Ltd.GLPlatinum Ltd declare a portion of the employees’ earnings through Pay As You Earn (PAYE) and deduct Income Tax and National Insurance contributions (NICs). The rate of pay is often at or close to the National Minimum Wage. The balance of the employees’ earnings, which may be described as ‘Retained Profit’ on the payslips issued byGLPlatinum Ltd, is paid without the deduction of Income Tax andNICs.HMRCsuspect thatGLPremier Ltd have been a promoter in relation to the scheme and were originally responsible for the steps described above.
PaySentry automatically checks your umbrella company partners against HMRC Named Tax Avoidance Schemes and Stop Notices, alerting you to any matches.
Start Your Audit