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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 (Regis Limited). Two UK Umbrella Companies (Ernest Umbrella Limited and Imagine Umbrella Limited) then enter into an Agreement for Administrative Services with Regis Limited.
PaySentry automatically checks your umbrella company partners against HMRC Named Tax Avoidance Schemes and Stop Notices, alerting you to any matches.
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