The recruitment sector pays salaries to millions of temporary workers and contractors, and this volume of money makes it a target for potential tax evasion. In 2017 new legislation was introduced, the Criminal Finances Act, which makes failing to prevent tax evasion a ‘Corporate Criminal Offence’. Some contractors have unknowingly been involved in tax evasion, so we chatted to Sam Dean who has lead responsibility for HMRC’s corporate criminal offence work.
Sam gives us an easy to understand overview of the legislation, what to do if you think you might be involved in facilitating tax evasion, and details of HMRC’s current work in this area – which includes the recruitment sector.
There are lots of key takeaways from this episode, here are just a few of ours:
Corporate Criminal Offence self-reporting portal
Reasonable preventative procedures (HMRC guidance)
HMRC Guidance on supply chain due diligence
Check if you might be involved in tax avoidance (HMRC guidance and tool)
Call for evidence about the umbrella market
Mini umbrella fraud – HMRC guidance
About Sam DeanSam joined HMRC in 2009 and his career has centred around enforcement and investigation areas, mainly in and around offshore non-compliance. In his role as Assistant Director in Fraud Investigation Services, Sam is HMRC’s lead for all matters relating to Corporate Criminal Offence. In recognition of his achievements, Sam won Outstanding Young Professional at the Tackling Economic Crime Awards in 2021.
Understanding Your Pay Rate Via An Umbrella
Your Holiday Entitlement Could Be Changing!
042 Holiday Pay For Temporary Workers - The Pimlico Plumbers Case
041 Why do recruitment agencies have lists of preferred umbrellas?
040 Should Temps & Contractors Be Able To Choose Their Umbrella?
039 What Does True Inclusivity Look Like In Recruitment? Part 2 of 2
038 What Does True Inclusivity Look Like In Recruitment?
037 Why We Should Abolish Umbrella Preferred Supplier Lists
036 Loan Charge Settlement Proposal
034 Smart Works - Confident Dressing For Interview Success
033 Disability Is Not Inability
032 What Is Financial Exclusion And Why Does It Matter?
031 The Increasing Use of Statements of Work
030 Should umbrellas be banned? We discuss the TUC's recent proposal.
029 Holiday Entitlement For Furloughed Temporary / Agency Workers
028 International Opportunities
027 Umbrella Regulation - Some Quick Wins
026 Could Umbrella Regulation Mirror Financial Services?
025 What is 'Employment Status' and Why Does It Matter?
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