Since our previous correspondence following the Budget on Wednesday, we have been absolutely flat out talking with contract workers and agencies. It would seem the changes have left a large number of payroll companies scratching their heads as to what they can offer post April 6th. The most significant development to affect our sector in the Budget 2016 will be the changes to the engagement of Personal Service Companies (PSCs) within the public sector, with the agency/hirer being responsible for ensuring that the PSC pays appropriate tax. The Freelancer & Contractor Services Association, of which we are an Associate Member, will be playing a key role influencing the development of this policy, particularly as it seems likely that these changes will be rolled out into the private sector in due course. Over the last few months, we have been invited into an enormous number of current and prospective clients to offer advice on the forthcoming T&S changes. The levels of concern over magical and complicated products being offered, is not just concerning, but ridiculous. Securing business via a method of bamboozlement, which is not only misleading but has a very short shelf life, worries us. Outsourced payroll service providers, particularly those who only specialise in umbrella, have been subject to a large amount of bad press of late. The approach some providers are taking, will merely cast an even darker cloud over our valued and specialised service and one we can’t ignore. The most important aspect to anyone going to work is the net pay they will take home. If you are having troubles to understand the changes, or being brainwashed by RISK FREE (no doubt this will be wrongly defended again by one particular provider!) solutions, please contact us for a chat. Remember this, there is NO such thing as risk free, merely a method of risk transfer to the worker. For more information on our products and services, please contact us at your earliest. Then, you can relax!