In 2018, the government committed to regulating umbrella companies following the Good Work Plan. In 2021 HM Treasury, HMRC and the Department for Business & Trade called for evidence on the policy options to regulate and tackle non-compliance in both tax and employment rights by umbrella companies.Umbrella companies play a big role in the temporary/contract supply chain providing their workers with employment rights and deducting the appropriate tax and national insurance contributions. … [Read more...]
EU settlement scheme update
From September 2023 people with pre-settled status under the EU settlement scheme (EUSS) will automatically have their status extended by 2 years before it expires if they have not obtained settled status.The process will be automated by the Home Office and reflected in the person’s digital status, who will then be notified of the extension directly. This will ensure that no one loses their immigration status if they do not apply to switch from Pre-Settled to Settled status.The Home … [Read more...]
Crackdown on National Living Wage and National Minimum Wage underpayments
The National Minimum Wage was introduced in 1999, and the National Living Wage in 2016. The NMW and NLW provide essential protection for lower paid workers, ensuring they are fairly paid for the work completed.The minimum wage sets the minimum hourly rate of pay that all employers are legally required to pay their workers, subject to their age and whether they are an apprentice.The Government is committed to taking robust enforcement action against employers who fail to pay staff … [Read more...]
Student Loan Plan 5, What You Need To Know
From September 2023 new students starting university or higher education will now be on a ‘plan 5’ loan system.This is the biggest change to student finance in England in a decade and will lead to many paying back double what they would have done on the old system.It is important to recognise that student loans are not like other loans. They come from the Government and give you more protection than loans that you have with a credit card or buying a home.You do not repay anything … [Read more...]
Biometric Permits and Cards
If you have been granted permission to enter or remain in the UK beyond the 31st December 2024, you may be wondering why your Biometric Residence Permit has an expiry date of the 31st December 2024?This is because from the 1st January 2025 the Home Office have confirmed they will be introducing BRP’s which incorporate encryption technology to meet EU requirements.The EU requirements on BRPs were lifted following the UK’s departure from the EU, were it was decided that BRPs will continue … [Read more...]
Working Time Regulations
The Law on working time sets rules for the maximum weekly working hours and how employees can work more hours if they choose, rest during the working day, week and year, young workers’ maximum working hours and rest breaks, night work, holiday entitlement and more. This is to protect everyone’s health, safety and wellbeing and applies to employees, workers, agency workers, apprentices, casual and seasonal workers and zero hours’ workers.Currently by law almost all employees over the age of … [Read more...]
New Tax Year Updates
Tax Codes, Exemptions & Allowances.Tax codes will not be changing, if you are currently on a 1257L tax code, this will remain the same for 2023. This means you can earn up to £242 per week or £1,048 per month before paying tax.The national living wage, minimum wage and for those aged 23 and over will increase to £10.42 from £9.50 which is an annual increase of 0.92p.The National Insurance Threshold will remain at £242 per week or £1,048 per month.Please remember to advise us … [Read more...]
ePayMe Wins Best Payroll Service Provider
We are delighted to announce that we have been named the Best Payroll Service Provider 2022 in the UK. This award recognises our outstanding commitment to delivering compliant payroll solutions to recruitment businesses of all sizes across the country.At ePayMe, we believe that payroll should be simple, efficient and cost effective. That is why we have developed a comprehensive range of payroll services that are designed to meet the unique needs of our clients.The award has been … [Read more...]
ePayMe – Multiple services, one provider
Do you have contractors working on assignments that are both inside and outside IR35? Would you like them to be paid umbrella and gross dependant on this basis?ePayMe offer various umbrella services but can also offer a service which is intended for engaging PSC contractors.A PSC is a Personal Service Company, also known as a Limited Company. A PSC is a type of intermediary where the worker has a material interest in the Company so is usually the Director or able to control more than 5% … [Read more...]
ePayMe Business Partner of The REC
ePayMe is pleased to announce that it has become a business partner of the Recruitment & Employment Confederation, The REC.The partnership is a significant step for the Surrey company, which is also Professional Passport and APSCo accredited.We have been providing the recruitment industry with compliant and robust payroll solutions for many years. Our knowledgeable and helpful staff have a wealth of experience and a combined 100+ years working within the payroll space.REC sets … [Read more...]