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  • HMRC suspects big firms are underpaying £1.4bn due to workers’ false ‘self-employed’ classification

HMRC suspects big firms are underpaying £1.4bn due to workers’ false ‘self-employed’ classification

The taxman suspects big firms are underpaying tax to the tune of £1.4bn, by classifying workers as ‘self-employed’ when they’re actually full staff. 

by | 1 Aug, 2022

Leading law firm Pinsent Masons claims HMRC (HM Revenue & Customs) suspects companies are classifying staff as self-employed to avoid making Employers’ National Insurance contributions. 

HMRC has been clamping down on the so-called ‘hidden employees’ loophole, with a view to ensuring workers are classified as company employees, for tax reasons. 

Read more at City A.M.

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