This act means that most contractors with their own limited company will be almost £2,000 per year worse off. It's just another way for HMRC to get you to pay more tax.
With Tarpon, you needn't worry about falling foul
of the taxman
HMRC used to do a lot of detective work to discover tax-avoidance schemes dreamt up by clever financial advisors – but the new act requires all financial advisors to report any tax-reducing ideas and how they work. By law. If they don't, they risk large fines and other penalties.
So, if you're on or asked to join a clever tax avoidance scheme, HMRC will know all about you. And they'll know you're avoiding paying your fair share of tax. So they're going to come after you, aren't they?
Tax is an ever-changing headache. For none of these worries join Tarpon instead.
To speak to one of our tax experts call 0800 434 6402.
