HMRC shared another company yesterday (2nd March 2023), on their ‘named tax avoidance schemes, promoters, enablers and suppliers’ list. Hive Umbrella Ltd (HUL) were caught using a scheme that offers National Minimum Wage with ‘Ad-hoc Pay Advances’. This ‘advance’ represents an interest free debt (to HUL) which is offset against a future bonus when HUL decide to grant […]
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