Osborne Said to Plan Crackdown on U.K. Off-Payroll Tax Evasion
- Measures would target use of personal-service companies
- Budget said to include tougher rules for public corporations
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U.K. Chancellor of the Exchequer George Osborne will use the budget he unveils Wednesday to announce a crackdown on the use of personal-service companies to avoid taxes.
The measures will require people hired off-payroll to pay employment taxes that are due, according to a government official briefed on the matter who declined to be identified in line with U.K. government practice. The measure is to apply across the public sector, including departments, police, local authorities, the National Health Service, education establishments. The plan also would cover public corporations such as the British Broadcasting Corp., Channel 4, Transport for London, the Bank of England and Network Rail.