Skip to content
Go back

Article Tags:

Please choose from the following:

Unofficial Facebook pages are a threat to GP practices

Unofficial Facebook pages are a threat to GP practices

HM Revenue & Customs is cracking down on tax avoidance schemes sold to agency staff, who themselves cost the NHS £3bn a year, according to a report in the Sunday Times.

Officials say some of the schemes are similar to those offered to celebrities to help them cut their tax bills. NHS trusts are being warned they face fines if they have facilitated the use of such schemes.

The NHS spends more than £3bn a year on agency staff. New regulations introduced in April, known as IR35 rules, require NHS trusts to help ensure staff who are not on the payroll pay the correct amount of tax. The workers can be paid directly by the NHS, which would then deduct income tax and national insurance, or by "umbrella" companies or intermediary firms.

: managementinpractice

Find Your Financial Consultant

Financial Consultant Form

More information about FCs

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

Click for more information about the Wesleyan group of companies.

© 2021 Wesleyan Assurance Society