Property News · November 16, 2016

Labour and unions demand action on temp agencies’ tax avoidance


Opposition vows to shut down scheme that uses ‘contrived’ financial arrangements to slash national insurance billsLabour and trade unions have called on the government to take action after a Guardian investigation found that an aggressive tax avoidance scheme used by temporary recruitment agencies is depriving the taxpayer of “hundreds of millions” of pounds a year.Agencies have made large sums by using “contrived” financial arrangements to slash their employer’s national insurance bills and by exploiting VAT rules originally designed to benefit very small businesses. Continue reading…

Source : theguardian.com
Read more…Labour and unions demand action on temp agencies’ tax avoidance

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