Umbrella companies are still awaiting full details from HMRC regarding how furloughed pay would be applied to their workers. Rest assured if you’re using a tax avoidance based Umbrella; it is much less likely you’ll be entitled to ‘furloughed pay’ from the Government.
What a perfect opportunity for HMRC to identify all those scheme operators and contractors, as they’re now in need of assistance.
Why is this an issue?
If the scheme operator is known to HMRC for tax avoidance, workers on those schemes are unlikely to be eligible, as they have not paid the correct tax.They may be subject to a fine and have to repay the tax they owe.
Scheme operators will not want to furlough you under these circumstances and will receive no fees.
Contractors if you think you’re being paid under a scheme and need some advice, Pendragon Consultancy can help. We’re specialists in off-payroll compliance, payroll and employment law; advising clients across all industries.
We’ll review your payslip and any documents FOC and provide guidance on contracting safely.
Call 01992 267 067 or email email@example.com