Judith Freedman
| Use attributes for filter ! | |
| Gender | Female |
|---|---|
| Age | 71 |
| Books | Employed Or Self-employed? Tax Classification of Workers and the Changing Labour Market |
| Date of birth | January 1,1953 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 885698 |
Judith Freedman Life story
Judith Freedman, Lady Freedman CBE FBA, is a British solicitor and academic. Freedman is the Pinsent Masons Professor of Taxation Law and Policy at the University of Oxford and senior research fellow at Worcester College. She was the inaugural professor of taxation law at Oxford from 2001-19.
The 'unscrupulous' companies are targeting key employees
"Dubious" companies that are promising NHS workers big savings by tax-Dodge schemes that could leave you out of Pocket .
The companies, which are working at the edges of The Law , the target key workers prepared to come up with the coronavirus crisis, a BBC Money Box investigation found.
Social-media-advertising push workers to some umbrella companies, a hefty reduction of their salaries.
In Return , these companies hide part of their salary from the tax office.
But Her Majesty 's Revenue and Customs (HMRC) has Said signing up with these companies, which he described as "unscrupulous", leave be able to pay key workers from high, unexpected taxes.
A message on Twitter , says: "If we want to support developed in the reinforcement of the NHS response to the #coronavirus pandemic, you. "
If it is legitimate, working through an umbrella company can Take to make it easier to, on jobs for several employers at the same time.
The workers of their wage to the parent company, paid, paid to the tax -, social insurance and other deductions on your behalf. After taking a fee, The Umbrella company will then be the workers, what is left to pay.
But a company told Money Box that it was possible to save thousands of pounds Per year by law by hiding a large piece of a worker, the salary from the tax office.
you are Posing as a health care worker on a salary of £145 Per day, our reporter on the Dark Blue Professional Said , a UK-based umbrella company, they were able to Take home 78% of your salary, which is More Than you would have made through a standard umbrella company.
Kay made of Dark Blue Professional, explains how the System works: "you receive a payment, a wage tax (paye) [pay as you earn] salary payment, which is taxed, and you receive a payslip and the payment of the balance is then paid for an investment, the payment. "
"you get your second sum on your account...and there it is done, so there is no tax liability on The Second part," she told us.
As a result, a healthcare worker earning £725 Per week would be able to Pocket £60 More Than if you have a standard umbrella company.
But what has not Said Kay, is that Dark Blue would Take Professional, £80 the industry is Per week in fees, four times the standard, and that the Government cheated of up to half of the tax that they should have received.
Kay, the regulation of the tax passed, compliant. But similar arrangements have been made by HMRC in The Past , which has left thousands of workers with.
Some have even faced losing their homes, leave ripped your finances in tatters.
Said to Respond to the results of the money-Box study, Judith Freedman Professor of tax law and policy at Oxford University: "There is a high likelihood of HMRC challenge, they [the schemes] to be successful. ""Could, not only to the individual taxpayer with a large tax bill and a lot of trouble, but you have already paid relatively large fees for promoters, so they are much worse than you, it would have been to do things in a simple way," She Said . "It is shocking that people try to sell these programs with minimal explanation of the risks. Everything possible must be done to stop the companies who are doing this, the rods before the ordinary taxpayers in him available. "
'Government does not like'Money Box also spoke with a broker from Contracting Scout, the active key persons, with advertising on Twitter and LinkedIn objectives.
"Tim," the Scout drag, offered to sign us with an umbrella, to pay to the company the offer of 78% of Take home.
He explained that the roofing company he works with, "Take a few tax loopholes" and acknowledged that "the Government likes it".
"they [the Government ] to try and make laws against them, but the legislation is extremely slow, so that, once the new law is moving in, there are a hundred different umbrellas that pop up in the next week with a different type of payment structure that is not bound by The Law .
"So the goalposts are always in motion, and the provider will always try to meet," He Said .
none of the two companies responded to the results of our investigation.
An HMRC spokesman to the Money Box "it is shocking that are ruthless promoters of Tax Avoidance schemes targeting the return of NHS workers in this difficult time. HMRC published [advice] on 30 March, warning of a return of the employees to this topic.
"Our Council has always been to steer clear of such programs, and report us the confidence for the investigation".
There are More details to this story and follow and on Twitter .
hm revenue & customs, nhs, tax avoidance, tax
Source of news: bbc.com
Judith Freedman Photos
