Recruitment agencies pitched tax avoidance scheme using bill of exchange payments, Dan Neidle reveals

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Artem Shendetskii

20.04.2026

Recruitment agencies pitched tax avoidance scheme using bill of exchange payments, Dan Neidle reveals — Tax scheme targets recruitment agencies

Dan Neidle reports hearing about a tax avoidance scheme targeted at recruitment agencies that involves paying HMRC with a bill of exchange. Neidle states that while the scheme sounds unbelievable, it was relayed by a highly credible source.

He encourages anyone encountering this scheme to contact him confidentially.

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Neidle has previously commented on detailed aspects of UK tax law. He recently noted that courts determined large marshmallows are not taxable as VAT-prepared foods after extensive hearings. In another report, he cited proposals to address key marginal rate issues in the UK tax system.

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