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Evening Standard
Evening Standard
Business
Mark Banham

Self-employed cause £1.4 billion hole in HMRC accounts

A UK tax return form (PA)

(Picture: PA Archive)

HMRC suspects large businesses of underpaying £1.4 billion in employment taxes as it cracks down on “hidden employees”, or self-employed workers that the authority believes should really be classed as employees for tax purposes.

According to international law firm Pinsent Masons, the Government tax enforcement arm has been concerned that some large businesses are underpaying Employers’ National Insurance contributions by classifying some of their workers as self-employed when they should be employees for tax purposes.

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