It would appear that the HMRC are making good on their commitment to chase off-shore schemes. A recent high court case has been lost by a  contractor who was utilising such schemes and has sent shock waves  through the industry.

Philip Fanthom (Managing Director - Jenrick IT) commented ;

“We are  constantly updating our tax and legislative information on our website and blog to keep contractors informed. We did, in fact warn about the possibility of a HMRC clampdown on ‘off shoring’. Even still, there appears to be a  worrying agenda against  the freelance community by the government. “

(More details about the case is below - courtesy of Contracting Made Easy) (more…)