"Legal professionals have a position of trust and responsibility - they shouldn't be involved in creating schemes that purport to let people avoid paying tax that funds our vital public services. We want to support those who have used these schemes to exit them and bring their tax position up to date. I urge them to contact us as soon as possible so they can settle their affairs."
"do not work"
"keep more of their pay"
HMRC has publicly named Setu Kamal, a practising barrister with 20 years' experience, as a promoter of tax avoidance schemes, the first legal professional to appear on the official list. Kamal is said to have designed four arrangements marketed through MLG Pay Limited, The Umbrella Agency Limited, Veqta Ltd and Vision HR Solutions Ltd to reduce workers' Income Tax and National Insurance liabilities. The schemes promised workers they could keep more of their pay through complex structures, including contract templates created by Kamal. HMRC warned such schemes do not work and that participants face tax bills, interest and potential penalties. HMRC will pursue companies and individuals regardless of professional status and advises workers in umbrella companies to check payslips and use its online tool to verify tax positions.
Read at Business Matters
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