The independent loan charge review and government response were published Wednesday 26th November 2025 following Budget 2025. At Autumn Budget … Continue reading Independent Loan Charge review and response
Independent Loan Charge review and response
Category: Loan charge
June 2025 Employer Bulletin
Dear PAYadvice.UK HMRC have issued the June 2025 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to … Continue reading June 2025 Employer Bulletin
Tax Update Spring 2025: Simplification, Administration, and Reform
On the afternoon of Monday 28th April 2025, the Exchequer Secretary to the Treasury (XST) made a written ministerial statement to parliament … Continue reading Tax Update Spring 2025: Simplification, Administration, and Reform
Loan benefit – rate increases to 3.75%
The Official Rate of Interest (ORI) from 6th April 2025 Where you provide loans to employees that exceed £10,000 during … Continue reading Loan benefit – rate increases to 3.75%
Loan Charge Review
The government has commissioned a new independent review of the Loan Charge. At Autumn Budget 2024, the government committed to … Continue reading Loan Charge Review
Tax Avoidance promoters – the list keeps growing – now over 120+
The image of the umbrella is significant as many of the named tax avoidance and those issued with official stop … Continue reading Tax Avoidance promoters – the list keeps growing – now over 120+
Help protect workers from getting caught out by tax avoidance
As part of the October 2024 Employer Bulletin, HM Revenue and Customs (HMRC) are asking employers to to assist with … Continue reading Help protect workers from getting caught out by tax avoidance
HMRC names more tax avoidance schemes
HM Revenue and Customs (HMRC) have added more tax avoidance schemes that don’t work. Bluestar Financial Solutions Limited The scheme … Continue reading HMRC names more tax avoidance schemes
HMRC name three more tax avoidance schemes that don’t work
They we have added (25th September 2023) three more names to the published list of tax avoidance schemes Olympus Contracting … Continue reading HMRC name three more tax avoidance schemes that don’t work
HMRC names and warns users of more tax avoidance scheme promoters
HMRC have added new names to their list of Tax Avoidance promoters. Some of these umbrella companies arrangement use an … Continue reading HMRC names and warns users of more tax avoidance scheme promoters
STOP notices served on 6 more avoidance schemes
Under the Promoters of Tax Avoidance Schemes (POTAS) regime, HMRC can publish information about promoters of tax avoidance schemes that … Continue reading STOP notices served on 6 more avoidance schemes
HMRC Loan charge discovery assessments
Disguised remuneration loan schemes were used to avoid paying Income Tax and National Insurance contributions. Those classed as having a … Continue reading HMRC Loan charge discovery assessments
October 2022 HMRC Employer Bulletin
HMRC have published their October 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Reduction in … Continue reading October 2022 HMRC Employer Bulletin
Directors of a tax avoidance promoters named for the first time
HMRC uses new powers to publicly name the directors of tax avoidance promoting companies. Tax avoidance bosses have been named … Continue reading Directors of a tax avoidance promoters named for the first time
Tax avoidance promoter fined £1 million
A tax avoidance scheme promoter has been hit with a £1 million fine after a legal challenge by HM Revenue … Continue reading Tax avoidance promoter fined £1 million
HMRC urges customers to leave tax avoidance scheme promoted by London-based firm
HMRC names Peak PAYE Ltd as a tax avoidance promoter and urges individuals to withdraw from using it. This tax … Continue reading HMRC urges customers to leave tax avoidance scheme promoted by London-based firm
Umbrella company director banned
Best Employment Services provided umbrella payroll services and outsourced its operations to a network of Isle of Man companies, and … Continue reading Umbrella company director banned
HMRC wins disguised remuneration tax avoidance case
The Court of Appeal has found in favour of HMRC that Mr Hoey was liable to pay the tax in … Continue reading HMRC wins disguised remuneration tax avoidance case
HMRC names avoidance schemes for first time
HMRC uses new legal powers to name tax avoidance schemes and their promoters, for the first time. Tax avoidance schemes … Continue reading HMRC names avoidance schemes for first time
HMRC Agent Update 89 has been published (October 2021)
Dear PAYadvice.UK, Agent Update: issue 89 is now available and contains the latest guidance and information for tax agents and advisers. … Continue reading HMRC Agent Update 89 has been published (October 2021)
Supply chain due diligence to assure labour supply chains
HMRC have issued guidance (13th May 2021) to both and help warn business to be aware of risks within Labour … Continue reading Supply chain due diligence to assure labour supply chains
‘Umbrella’ companies under the spotlight
The Low Incomes Tax Reform Group (LITRG) has published a research report looking at the use of ‘umbrella’ companies and … Continue reading ‘Umbrella’ companies under the spotlight
HMRC April 2021 Employer Bulletin
HMRC have issued the April 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer … Continue reading HMRC April 2021 Employer Bulletin
February 2021 Employer Bulletin published
HMRC have published their new format web delivered Employer Bulletin. It’s absolutely packed with important information which will aid payroll … Continue reading February 2021 Employer Bulletin published
The nurses story – failed tax avoidance
HMRC have shared stories of contractors who have been caught up in tax avoidance schemes. They were promised higher take-home … Continue reading The nurses story – failed tax avoidance
Disguised remuneration: settling your tax affairs #loancharge
HMRC have updated their guidance 19th November 2020 about paying what is owed to HMRC and added new information about … Continue reading Disguised remuneration: settling your tax affairs #loancharge
October 2020 HMRC Employer Bulletin
Dear @PAYadvice, [The] Employer Bulletin (October 2020, Issue 86) includes all of the latest COVID-19 updates to help [employers] continue … Continue reading October 2020 HMRC Employer Bulletin
Loan charge deadline 30th September
Message sent on behalf of the HMRC Counter Avoidance Team. There’s still time to file, pay or discuss a Time … Continue reading Loan charge deadline 30th September
Loan Charge latest
19th August 2020 Dear PAYadvice Please review the updated settlement terms now available online We would like to draw your … Continue reading Loan Charge latest
Employer Bulletin (August 2020 – issue 85)
HMRC have issued the August 2020 edition of the Employer Bulletin covering: Coronavirus Job Retention Scheme and what employers need … Continue reading Employer Bulletin (August 2020 – issue 85)
Disguised remuneration Loan Charge – 20th September 2020 deadline
PAYadvice (as an AML HMRC regulated agent) can assist with the filing of the Loan Charge form on your behalf. … Continue reading Disguised remuneration Loan Charge – 20th September 2020 deadline