Stop notice 13

TypeStop Notice

Stop Notice No.13

LegislationStop Notice

Published10 November 2023

Issued15 September 2023

StatusListed

Arrangement details

The scheme user enters an employment contract with Company X who make composite payments to the Scheme Users for services provided by the user. The first element is a National Minimum Wage (NMW) / National Living Wage (NLW) salary that is subjected to tax and National Insurance contributions (NICs), and a secondary element described as an ‘advance drawn down’ which is not.; The arrangements can be broken down into the following steps:

Source: HMRC Stop Notices (gov.uk)

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