Temp agencies’ tax avoidance scheme costs ‘hundreds of millions’.

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Source: The Guardian 15.11.2016

An aggressive tax avoidance scheme used by temp recruitment agencies is depriving the taxpayer of “hundreds of millions” of pounds a year, a Guardian investigation has found.

A number of agencies have been making large windfalls by using “contrived” financial arrangements to slash their employer’s national insurance bills.

The schemes also generate millions more pounds for participants by exploiting VAT rules that were originally designed to benefit very small businesses.

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