Highlights from the broader tax news week ending 5 May, which includes HMRC publishing guidance on working through an umbrella company and updating guidance accompanying its CEST tool.
HMRC umbrella company guidance
HMRC has created new guidance for agency workers and contractors who work through an umbrella company. It covers who will pay the worker, how they get paid, what they will get paid, understanding what they get paid and tax avoidance. HMRC has also amended various other off-payroll working webpages to link to this new guidance. Read in full.
CEST update
HMRC has flagged that the guidance accompanying its Check Employment Status for Tax (CEST) tool has been updated to reflect the changes to the off-payroll working rules from 6 April 2021. In particular, the glossary of terms in HMRC’s Employment Status Manual at ESM11020 and the guidance ‘About you and the work’ at ESM11025 have been revised.
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