HMRC turning a blind eye to FRAUD HMRC turning a blind eye to FRAUD - Page 2
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  1. #11

    Respect my authoritah!

    NotAllThere's Avatar
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    Quote Originally Posted by More Lamb View Post
    What would you normally expect HMRC to do about that?
    Depends whether a loan scheme was involved or not. But I'm not HMRC and I'm not playing devils advocate.
    <-2 5m->

  2. #12

    Fingers like lightning

    DealorNoDeal's Avatar
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    Quote Originally Posted by More Lamb View Post
    What about a UK agency which only ever supplied self-employed workers, and a few thousand of them over several years? What would you normally expect HMRC to do about that?
    If HMRC had been aware of it at the time it was happening, you'd think they would have investigated the agency. Supplying thousands of (high earning) self-employed workers is clearly taking the piss, even if it's not illegal.

    If they only found out about it years after the fact, I can see why it suits them to disregard it. The chances of collecting the PAYE from the company now are presumably zilch. Much easier to go after YOU for the money!

  3. #13

    Still gathering requirements...


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    You'd think someone at HMRC might have queried WTF this UK company was up to.

    1. In 2007, UK-FC turned over £59m yet only had 6 staff including directors!
    2. Of that £59m coming in, £57m left the company headed for the IoM.
    3. UK-FC was a wholly owned subsidiary of an IoM company

    But now some compliance officer at HMRC says it wouldn't be "appropriate" for UK-FC to have to comply with the PAYE regulations.

    What a joke.

  4. #14

    Should post faster


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    Quote Originally Posted by More Lamb View Post
    You'd think someone at HMRC might have queried WTF this UK company was up to.

    1. In 2007, UK-FC turned over £59m yet only had 6 staff including directors!
    2. Of that £59m coming in, £57m left the company headed for the IoM.
    3. UK-FC was a wholly owned subsidiary of an IoM company

    But now some compliance officer at HMRC says it wouldn't be "appropriate" for UK-FC to have to comply with the PAYE regulations.

    What a joke.
    £59m - £57m = £2m to line the six employees pockets.

    Nice little earner for processing invoices.

    kind of get why these schemes were so aggressively marketed and sold

  5. #15

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    DealorNoDeal's Avatar
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    Which scheme was this?

  6. #16

    Double Godlike!


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    Quote Originally Posted by More Lamb View Post
    You'd think someone at HMRC might have queried WTF this UK company was up to.

    1. In 2007, UK-FC turned over £59m yet only had 6 staff including directors!
    2. Of that £59m coming in, £57m left the company headed for the IoM.
    3. UK-FC was a wholly owned subsidiary of an IoM company

    But now some compliance officer at HMRC says it wouldn't be "appropriate" for UK-FC to have to comply with the PAYE regulations.

    What a joke.
    I'd happily pay normal tax on my sixth of £59m revenue. Take £5m of costs for the company out and you're still in a very happy place.
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

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