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Stop Notice published by HM Revenue & Customs
The scheme users sign a Contract of Employment and Commercial Loan Agreement with a company based in the Isle of Man (Compas Limited). Two UK Umbrella Companies (Ernest Umbrella Limited/Imagine Umbrella Limited) then enter into an Agreement for Administrative Services with Compas Limited for the provision of the scheme user’s services. Ernest Umbrella Limited/Imagine Umbrella Limited then contract the scheme user’s services to a UK intermediary/agency. The UK intermediary/agency then contracts the scheme user’s services to the end client.
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