Breaking news from the BBC Paper tax returns to be replaced by digital by 2020

Read more...

Chancellor George Osborne delivers his last budget before the General Election

Read more...

Tax planning for 5 April 2015

Read more...

Sisters jailed for £161m VAT scam 03/12/11

Read more...

New PAYE Codes from April 6th 2011.

Read more...

The Treasury introduces GAAR (General Anti-Avoidance Rule). 19/12/11

Read more...

Contact Us

News Items

Tax Tips

Brilliant with numbers
Great with people
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals


Call us now on 023 8083 6900 ABDS Home

News - 14 March 2014

PCG alarmed as new HMRC campaign targeting clients is revealed

CG, the organisation which represents the UK’s freelancers, contractors and independent professionals, has learned that HMRC has undertaken a campaign which targets the UK’s very smallest businesses by requesting detailed information from their clients on all payments made to them under a contract for services.

Tonmoy Kumar, Manager of the Accounts Department of ABDS comments:
“The letter HMRC are sending out request a wide range of sensitive information from the clients including the supplier’s name, the ‘worker’ name if different, along with VAT number, passport number or National Insurance number and details of any amounts paid.”

HMRC has only requested the information on payments of up to £350,000. According to PCG’s CEO, Chris Bryce, this instance of HMRC choosing to target independent professionals while purposely excluding large consultancies is yet another example of one rule for small companies and another for big business.

Chris Bryce, PCG’s CEO, said:
“There is simply no justification for HMRC to write to clients requesting detailed information on the working practices of their suppliers. Especially when you consider that they are doing so with absolutely no evidence of any wrongdoing.”

HMRC appear to be using recent data from the Office of National Statistics which points to a rise in self-employment over the last few years in order to justify this new tactic.

TK continues:
“Independent professionals contributed £95billion to the UK economy in 2013. This figure is continually rising as more and more people choose to start their own business and this can only be good for our economy.”

If you need any help and advice on any other tax matters, including HMRC investigations, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar to discuss how ABDS can help

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

Brilliant with numbers   
Great with people  
Clear and precise with advice
Timely and cost effective 
In touch with issues that face our clients
Mindful of our client’s long term strategic goals

« Back to News