With many still thinking IR35 will be delayed on ‘Tax Day’ the 23rd March, reports show no signs of IR35 being a topic of conversation. Tax Day is for the Government to publish tax consultations as part of their 10 year administration strategy, to create a tax system fit for the 21st Century.Part of these consultations will include false CJRS claims, which HMRC have already written to 27,000 claimants where there is a high risk that what they have claimed is incorrect. The action and … [Read more...]
The IR35 Facts & Myths
Following the budget announcement, I think I speak on behalf of the entire population; it is a lot to digest and understand. With that said, the Government have predicted that the United Kingdom will return to pre-covid levels by the middle of 2022.As we are all aware, the IR35 reform will be going ahead and those contractors operating through a limited company, deemed to fall inside of IR35, will no longer be able to do so come April 2021. We have already seen some enquiries come through … [Read more...]
IR35 reform, one month to go
With April the 6th looming, there is no room for anyone to be burying their heads in the sand! Not to worry though, here at ePayMe, our knowledgeable and dedicated team are on hand to answer any of your questions. There have been many questions and some debates surrounding the best route for your workforce to go down, once the changes have been implemented. We are sure many clients are aware outsourcing their payroll is the best option; Furlough, statutory payments, answering pay enquiries, … [Read more...]
IR35 – Key steps to a successful transition
Since the beginning of the year, we have seen an influx of enquiries and requests for support from contractors operating through their own limited companies due to the IR35 reform looming.Our key steps to success have seen a smooth transition for many contractors whom are affected by the changes to the IR35 regulations.What are these steps?Communication – our expert team have the knowledge to answer any IR35 and payroll related questions, we like to get the questions out the way to … [Read more...]
Summer school catch up for pupils across England
The Government have announced an extra £420m in funding along with £300m announced for catch-up projects in January.The Prime Minister has stated the money would help ensure no child is left behind due to the pandemic.Schools will have the option to run summer classes for pupils who need it most, potentially starting with those who will be moving up to Year 7 at secondary school this year.Education Secretary Gavin Williamson said the average primary school would receive around £6,000 … [Read more...]
Furlough – the good, the bad and the misleading
With many temporary and agency staff not being able to continue to work as usual during the Covid-19 pandemic, we have seen a significant number of changes within the sector from recruitment agencies not wanting to operate internal PAYE and choosing to outsource entire books of workers, to contractors choosing alternative career paths to remain in employment. It’s fair to say the pandemic has caused some questions around how payroll providers can continue to support those affected by these … [Read more...]
Seven steps to success
The transition from LTD to umbrellaSince the beginning of the New Year, we have seen an influx of enquiries and requests for support from contractors operating through their own limited companies due to the IR35 reform looming.Our seven steps to success have seen a smooth transition for many contractors whom are affected by the changes to the IR35 regulations.What are these steps?Communication – our expert team have the knowledge to answer any IR35 and payroll related … [Read more...]
PAYE OR UMBRELLA?
In the midst of a lockdown, we are sure IR35 is not a top priority for many contractors, agencies and end clients. With it rapidly looming on the horizon just 3 months away, there is no room for anyone to be burying their heads in the sand! Not to worry though, here at ePayMe, our knowledgeable and dedicated team are on hand to answer any of your questions. There have been many questions and some debates surrounding the best route for your workforce to go down, once the changes have been … [Read more...]
Education agencies, why are you not outsourcing your payroll?
Why use an Umbrella company or as we like to call ourselves, an Outsourced payroll Provider, compared to PAYE through your agency?We have seen a large increase in education agencies utilising umbrella services since the pandemic and below our National Account Director Paul Johnston explains why:Since the demise of expenses back in 2016, the thought of utilising a payroll provider for Umbrella services has seen a change in mind-set and not all for the right reasons. Many workers feel that … [Read more...]
Beware of potential dangers to businesses of mini umbrella company fraud
Mini umbrella company (MUC) fraud reduces tax payments to HMRC including PAYE, National Insurance and VAT. This has resulted in a fraudulent supply chain leading to financial and reputational damage to businesses and workers.What is Mini Umbrella Company Fraud?The fraud is usually based around the abuse of two Government incentives which are aimed at small businesses – the VAT Flat Rate Scheme and the Employment Allowance. However, this type of fraud can also result in the non-payment of … [Read more...]