Every employer has an obligation to ensure that their employees have a legal Right to Work in the UK, which cannot be confirmed without making the necessary identification and evidence of their status checks. Failure to determine an employee's right to work, could result in penalties of up to £20,000 per illegal worker employed! Do you know what documents are acceptable to evidence a person’s right to work status? Does the employee or prospective employee hold either a UK, or, European Economic … [Read more...]
The results are in …Conservative wins by majority!
So the results are in...Conservative wins by majority! After a remarkable General Election it is the public that have awarded the Conservative Party, the majority of seats after this year’s General Election, with 331 seats, five more than was required to hold the majority within Parliament. Talking outside 10 Downing Street, Cameron has vowed to be the ‘Working Person’s Party’ pledging a Greater Britain. The win will allow the Conservative's to govern without a coalition and the need for a … [Read more...]
Princess Charlotte Elizabeth Diana
Everyone at ePayMe would like to congratulate the Duke and Duchess of Cambridge on the arrival of Princess Charlotte Elizabeth Diana. … [Read more...]
Parties’ tax avoidance plans don’t add up, says IFS
With the General Election taking place later this week, the Institute of Fiscal Studies (IFS) reports on their concerns surrounding the parties proposals to tackle Tax Avoidance and Evasion once in power, commenting to Contractor UK that in many cases these ideas will ‘unnecessarily increase complexity' and 'inefficiency in the Tax system’. After this criticism from the IFS, Ed Miliband responded to Contractor UK, commenting that the Government would specifically tackle ‘disguised … [Read more...]
ePayMe – May Newsletter
BANK HOLIDAYS With two Bank Holidays in May there will be no effect to the deadline for contractors submitting their expenses. We still need to receive these by no later than 5.30pm every Monday. Fingers crossed the weather will continue to shine, as it has done throughout April. So what have you got planned for your days off? Are you heading to the beach, having a short break away, or just putting your feet up and relaxing? If you are stuck for things to do, Time Out have come up with some … [Read more...]
What does the typeface of you CV say about you?
I was interested to read this recent article by Contractor UK "Experts spell out what your CV font says about you". Talking to some of the industry experts, Contractor UK reported on the use of different typefaces within CV's and the power of these fonts. With your CV acting as a visual representation of your career history, this is the first thing an employer would see before they even decide if they want to meet you in person. "Honest professionals with a good heart use Helvetica; the very … [Read more...]
April 2015 Tax Changes
As we come to the end of the first month in the new financial Tax year, we have all seen the effects of the new Tax changes. Based on a recent publication on gov.uk, Payroll World have put together a list of these changes, that took place from April 6th 2015. "Acting as a useful checklist, the following tax changes came into effect on Monday 6 April 2015: - Individuals over the age of 55 have flexible access to their defined contribution pension savings - The Income Tax Personal Allowance … [Read more...]
The dangers of engaging with an Elective Deduction Model
It has been reported that the HMR&C are eager to take action against non-compliant means of payroll, after targeting Pay Day by Pay Day tax relief platforms, their focus has also turned to clamping down on Elective Deduction Models (EDM). These non-compliant forms of payroll by-pass the required National Minimum Wage legislations put in place by HMR&C and have been found to be in place within some companies. Elective Deduction Models allow contractors to remain on self-employed … [Read more...]
What the political parties have planned for contractors
We have all seen the recent debates and manifestos presented by the political parties over the last few weeks in preparation for the general election. Of the six main political parties, five have submitted to the contractor body IPSE, a list of actions they would take, should they gain power on May 7th 2015. Contractor UK reports on the main topics effecting contractors in the link below. http://www.contractoruk.com/news/0012007what_political_parties_plan_contractors.html With five of the … [Read more...]
AUCAE launch survey urging contractors to have their voice heard.
AUCAE launch survey urging contractors to have their voice heard. As a proud member of industry body All Umbrella Companies Are Equal, we would urge you to take just a few minutes of your time to read the below and voice your opinion! In the Budget 2013, the government announced new rules to tackle tax avoidance, however what was to come next nobody anticipated… On 16th December 2014, in an effort to crack down on tax avoidance, HMRC published a discussion document on Employment Intermediaries: … [Read more...]