What is Mini Umbrella Company Fraud? | Naseem's Accountants |
Автор: Naseems Accountants
Загружено: 2024-08-22
Просмотров: 57
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In today's video, we're diving into a crucial topic: What is Mini Umbrella Company Fraud? All businesses utilising temporary labour should be aware of Mini Umbrella Company (MUC) fraud.
MUC fraud involves creating multiple small, limited companies to exploit government incentives like the VAT Flat Rate Scheme and the Employment Allowance, leading to unpaid taxes and potential harm to workers' benefits and pensions. We'll discuss how MUCs operate, the red flags to watch for, and what you can do to protect your business from this type of fraud.
If you suspect supply chain fraud or need guidance on your tax matters, feel free to reach out to us for a free consultation at 0121 771 4161 or visit our website at www.naseems.co.uk.
Don’t forget to subscribe to Naseem's Accountants for more valuable insights on running your business successfully!
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