• LONDON: +44 (0) 20 3326 6454
  • MILTON KEYNES: +44 (0) 1908 087 220
  • LIVERPOOL: +44 (0) 151 705 9115
  • CROYDON: +44 (0) 20 3862 2940
  • BIRMINGHAM: +44 (0) 121 222 4140

How to avoid personally paying your limited company’s tax bill


‘Flipping’ a contractor’s limited company’s unpaid tax liabilities onto the individual is the focus of a campaign by HMRC. Our head of Forensics & Disputes, Liz Coleman writes for Contractor UK on how contractors can protect themselves against this risk.

“… in recent months we’ve seen an increasing trend for HM Revenue & Customs to seek to recover unpaid PAYE & NIC due on directors’ salaries, or even on payments made to close associates, from the directors themselves.  In the case of NIC, the demand can even extend to unpaid debts on salaries paid to any employees …”

 

Click here to read the full article

Copyright © Opus Business Services Group, All rights reserved. Click on the links to view our Cookie Policy and our Privacy Policy