IR35: Filipino umbrella companies are costing UK taxpayers 'millions' - HMRC urged to act



IR35 tax rules, which were introduced originally in 2000 and have been updated since then, forced the creation of the "umbrella company" industry. Umbrella companies were set up to better manage and reduce tax costs but newly released analysis shows they could be costing the UK millions of pounds.

Source: Daily Express :: Finance Feed https://ift.tt/3exdeSd

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