£10.8m in fines for failing to check candidates’ right to work in the UK Large numbers of employers and recruiters are still failing to adequately assess an individual’s right to work in the UK, according to professional employment provider, giant group. Data obtained under the Freedom of Information Act revealed a total of 1270 Notification of Liability (NOL) notices for a Civil Penalty were issued to employers of illegal workers in the UK in the last year. The value of these penalties equate … [Read more...]
Time to drag umbrella companies out of the Wild West
It is rare for those in the contractor marketplace to call for new rules to be imposed on themselves. It is also potentially unpopular to want the market to adjust to fresh shackles at a time of economic recovery. "Having to pick up the pieces for some fantastic clients who have fallen foul of providers operating travel & subsistence, offshore or pay day by pay day schemes is becoming a daily occurrence for us. I stand behind this initiative and applaud the fact it is being addressed. A … [Read more...]
Make Sure you like us on facebook
Hi Everyone, Make sure that you have 'Liked' our ePayMe page, to be in for a chance of winning a great prize. We are currently running a monthly competition where you are entered into a free prize draw with a chance of winning an iPad Mini. Hurry as the draw is being made at the end of play tomorrow. ''You've got to be in it to win it" https://www.facebook.com/pages/EPayMe/126856460798566 … [Read more...]
£2bn Tax Sitting Offshore – HMRC dragging their feet with offshore EBTs
During the early noughties the use of employee benefit trusts (EBTs) to pay high earners was popularised by thousands of companies, in fact 6,500 according to HMRC. EBTs involve the employer company setting up a trust which then pays out a loan to the employees enabling the employee to minimise their tax liability. In a lot of cases the loan is not required to be repaid for a considerable length of time, in some cases not until 100 years has elapsed. Needless to say HMRC took exception to this … [Read more...]
National Minimum Wage
The National Minimum Wage Act was put in place in 1998 to guarantee a minimum income for employees per hour. The hourly rate is dependent on the employee’s age and if they are participating in a working apprenticeship. It is has been announced in April 2013 that there is to be a rise in the minimum wage, with a 12p increase per hour for over 21’s (1.9%) and a 4p rise for under 18’s. This came as a surprise to some, with the minimum wage for young people not rising in the last financial year. … [Read more...]
Well Done Andy Murray
A massive Well Done to Andy Murray from everyone at ePayMe … [Read more...]
Bribery Act – Industry Information
It has become more and more familiar of late that we are asked for a ‘rebate’ for the services of which we provide to our employees by agencies offering out our services. I’m not talking high volumes, but the number has grown quite significantly over the past year. I, therefore, want to take a couple of minutes of your time explaining the complexity of rebates and the potential threat these offer to your business. Click here to read more … [Read more...]
ePayMe – Competition
Remember to like us on Facebook, to be entered into our FREE competition, with a iPad Mini up for grabs every month. Good Luck and remember 'You've got to be in it to win it' Click here to visit our facebook page … [Read more...]
ePayMe Competition
Make Sure you take part in our latest competition. Simply like our facebook pages (ePayMe) & (Team ePayMe) and be in with a chance of winning some prizes. Click Here to find out More … [Read more...]
Are you with the right payroll company ?
As Henderson Loggie are appointed as liquidators for another payroll company Employ-E, after HMRC seeks £58 Million. Ensuring you are with the right payroll provider is even more important. It has been mentioned that Her Majesty’s Revenue and Customs (HMRC) has submitted a claim to the liquidators of Employ-E for £58 million in unpaid TAX, and penalties of their contractors. Employ-E is the second company owned by David Allen which has gone into liquidation in recent weeks, with Legitas Group … [Read more...]