Returning NHS workers Returning NHS workers
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  1. #1

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    Default Returning NHS workers

    Tax avoidance promoters targeting returning NHS workers (Spotlight 54) - GOV.UK

    Firstly, if you are returning to the NHS, you have our thanks and admiration. Please stay safe.

    Please read the above.

    Credit where credit is due, HMRC has acted to the extent of their remit and issued a warning about a scheme that is not in itself new but which has apparently been targeting returning staff.

    Prevention is better than cure.

    If you are a returning NHS worker you need to know that the tax rules started changing in April 2017 and you may not be familiar with how these now work.

    In the vast majority of instances, if you are returning to the NHS, that organisation will be obliged to tax you as an employee.

    If you are on the payroll, this will happen automatically.

    You may though be asked to join an "umbrella".

    The majority of these will also deduct the correct amount of tax and NIC.

    Some will not.

    Some will promise that you will keep 75% or more of your gross payments. In order to do that, they will be using some form of tax avoidance.

    HMRC knows this. If they think this is happening, they WILL make an enquiry. Chances are that they WILL be able to ask you for the tax you have avoided, especially if the scheme you used has magically sent money offshore or disappeared before it's time to pay the piper.

    My firm - WTT Consulting - is happy to offer anybody who is returning to the NHS the benefit of our views on what you may be tempted by - FREE OF CHARGE.

    Call us or use our info account and we will get back to you.

    Please - do NOT be tempted into tax avoidance.
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  2. #2

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    Had HMRC accelerated and concentrated their efforts towards the promoters and sellers of these schemes, instead of the low hanging fruit. This and many other spotlights would not have been necessary and history tells us that there will be many NHS workers returning to work in order to help with the current global crisis, will fall for this and be in trouble further down the line.
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  3. #3

    Some things in Moderation

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    Quite happy to name and shame on this thread.
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    Quote Originally Posted by cojak View Post
    Quite happy to name and shame on this thread.
    Whilst I think I know who this is aimed at and I have a third party who thinks the same, I can prove no absolutely solid connection between the HMRC notice and any particular scheme.

    Keep your eye on the quality press over the next day or so.
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  5. #5

    Some things in Moderation

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    Quote Originally Posted by webberg View Post
    Whilst I think I know who this is aimed at and I have a third party who thinks the same, I can prove no absolutely solid connection between the HMRC notice and any particular scheme.

    Keep your eye on the quality press over the next day or so.

    Oh no, I wasn't referring specifically to you webberg.

    And I will keep an interested eye on the news...
    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
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  6. #6

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    Just one example of the parasites Contractor Planet | Compare Contractor Deals

    It takes quite a fair degree of avarice to screw those same people who are on-call and risking their lives in the event that they need to save yours.

    I think we've reached rock bottom in terms of humanity, stay clear.
    Last edited by Superfly; 8th April 2020 at 14:12.

  7. #7

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    Quote Originally Posted by Superfly View Post
    Just one example of the parasites Contractor Planet | Compare Contractor Deals

    It takes quite a fair degree of avarice to screw those same people who are on-call and risking their lives in the event that they need to save yours.

    I think we've reached rock bottom in terms of humanity, stay clear.
    The morals aside for a moment.. Why on earth would anyone sign up to a literally a two page website where one of those is the data policy? Absolutely nothing there. It really beggars belief.
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  8. #8

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    Quote Originally Posted by northernladuk View Post
    The morals aside for a moment.. Why on earth would anyone sign up to a literally a two page website where one of those is the data policy? Absolutely nothing there. It really beggars belief.
    There are a lot these that have exactly the same template/examples. They simply seem to be sales funnels to get people to call a number.

  9. #9

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    Quote Originally Posted by northernladuk View Post
    The morals aside for a moment.. Why on earth would anyone sign up to a literally a two page website where one of those is the data policy? Absolutely nothing there. It really beggars belief.
    The answer is at the top of that page

    ** £250 Sign Up Bonus**
    Unfortunately, large numbers of people in the UK are not financially literate (and have no interest in being so) and will trust a recommendation from a friend/colleague without doing any real validation.

    The page content isn't necessarily wrong, however. Assuming you include any Salary Sacrifice payments into a pension, it is possible to "retain" 85% of your contracted day rate. It looks like that site is just an aggregator.
    Last edited by Paralytic; 9th April 2020 at 07:30.

  10. #10

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    Quote Originally Posted by Paralytic View Post
    Unfortunately, large numbers of people in the UK are not financially literate (and have no interest in being so) and will trust a recommendation from a friend/colleague without doing any real validation.

    The page content isn't necessarily wrong, however. Assuming you include any Salary Sacrifice payments into a pension, it is possible to "retain" 85% of your contracted day rate. It looks like that site is just an aggregator.
    I would agree with your first point. People are more prepared to believe the man in the pub (or the talking head on the video call) than an expert.

    In this space, I think us "experts" have done ourselves no favours because pretty much everything that was promised to be enquiry free gold has turned to virus ridden manure.

    I would however challenge the second point. I have played around with numbers for a £25k salary and cannot get to 85%. Best I got to was a good 10% below that.
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