Outsourcing your payroll, whether partly or in full, can make a significant difference to your business. Saving you valuable time, money and resources, it’s a highly reliable and efficient means of lessening the load of administrative functions and putting the focus back into core business objectives.Payroll Outsourcing is fully accepted within Agencies and becoming a part of everyday business.Today, outsourcing has become a mainstream model for the running of key business functions, … [Read more...]
Employees feeling strain of recruitment freezes
The stress of under-staffed workplaces on employees could be exacerbated by jobseekers' London-centric approach Nearly half (46%) of employees have been left feeling under-resourced and under-staffed at work because of recruitment freezes, according to research by MetLife Employee Benefits.Four in 10 (40%) of those polled said that workplace stress would be reduced if employers took on more people, and only 42% of employees said their company helps staff to deal with work pressure and … [Read more...]
Call to axe recent tax reforms amid Brexit
Proposed and recently introduced tax rules in the contractor sector should be axed or amended in light of Friday’s EU referendum result, experts are warning. Chris Bryce, chief executive of IPSE, says negotiating a withdrawal from the EU is not the time for Britain to change how its public sector operates IR35, a controversial tax legislation, as it plans to do from April.“[Because] we are renegotiating our exit,” Mr Bryce said, “the government’s proposed changes to IR35 should now be … [Read more...]
The freelance & contractor workforce will be key in ensuring the UK’s economy doesn’t suffer
Whatever your view, today is undoubtedly a historic day for the UK. Here at ePayMe it will be business as usual as we continue to work to raise standards in our sector, and support and protect the flexible workforce in the UK. Leaving the EU will undoubtedly bring a period of uncertainty and we have seen significant impact on the stock market already today. There is some concern regarding sectors traditionally reliant on the migrant workforce, such as construction. However, it should be borne … [Read more...]
Over £21m in penalties issued for employing illegal workers
In the second half of 2015, over £21 million in penalties was issued to employers in the UK for hiring illegal workers. UK Visas and Immigration Enforcement publish a quarterly report showing the total number of fines (civil penalties) for illegal working given to employers in each region of the UK. In this report the total number of illegal workers identified in the second half of 2015 was 1,820, the highest number of which were in the London & South East England region. A massive 1,217 … [Read more...]
Contractors driving IT innovation deserve more Government backing
IT contractors are playing a vital role in delivering the innovation that is making London an increasingly attractive proposition for foreign investors - yet in return all they get from the Government is more red tape and reduced means of engagement.The findings from Ernst and Young’s 2016 Attractiveness Survey reveal that London is now considered the city with the second best chance of producing the next tech-giant, behind San Francisco/Silicon Valley. Overall, 23% of the investors from … [Read more...]
Open Consultation on the reform of the off-payroll rules for personal services companies.
Here is your opportunity to let the government know what you think of the recent changes, and those planned for the future. This consultation is about reforming the intermediaries legislation to improve its effectiveness in the public sector. It seeks views on the impacts of this change and design details of the policy, including a new process to help determine whether an intermediary is in scope of the rules.The consultation asks for opinions on:the scope of the reform of the … [Read more...]
More than three million taxpayers could have paid the wrong amount of tax last year
After staff cuts at HM Revenue and Customs (HMRC) last year, the number of tax investigations doubled and taxpayers were left waiting nearly an hour to speak to the taxman. An investigation from the National Audit Office (NAO) found that the number of “outstanding discrepancies” in Pay As You Earn (PAYE) tax records soared between March 2014 and March 2015 from 2.4m to 4.6m. Of those, 3.2m “were high priority cases, carrying a risk that employees will have paid the wrong amount of tax”.The … [Read more...]
Freelancing is growing exponentially in the US, with the UK close behind
In the US, freelancing and temporary work was the norm up until the late 19th century. Most employment outside farming was in manufacturing, and it was mainly temporary. In 1910 half the workers in production jobs were independent contractors.Starting around the 1880s, companies started to bring together large workforces, and created more structured jobs. Wage controls during the world wars resulted in large benefit programs being created. With unions a rising force, laws were created to … [Read more...]
Labour market figures show the UK flexible workforce is only getting stronger….
NS Labour market figures out today show that the UK workforce has increased due to an upsurge in self-employment and temporary workers. 20,000 more people are choosing to work self-employed, plus 28,000 more are working on a temporary basis. The figures are based on a comparison between Q4 2015 and Q1 2016. Commenting on today’s employment figures, Julia Kermode, CEO of FCSA said: “Today’s figures clearly demonstrate just how important the flexible workforce is to UK plc. With the … [Read more...]