The new IR35 Legislation has encouraged more contractors to seek work through umbrella companies. However, the rise of disguised remuneration schemes has now prompted HMRC to act.HMRC have started issuing Tax Avoidance Warning letters directly to contractors, strongly suggesting they may be involved in a DR arrangement or scheme. However, the contractors were likely deceived into signing up as a user, believing they were signing up to a true umbrella company.Are the Revenue using this as … [Read more...]
All you need to know about supply chain compliance
5 months into the IR35 Off-Payroll Legislation, and companies are still facing the effects of these changes. It is now more important than ever to have a good understanding of who you’re working with.Due to the changes, the responsibility of assessing a contractors IR35 status is now down to the end hirer. Making an accurate assessment as part of the compliance process will help avoid any liabilities that could arise from not carrying out this check.The new legislation has meant that … [Read more...]
Starting supply from September? What you need to know
Starting a supply role can be quite daunting and complex when considering your options for having your salary processed.To take the weight off your shoulders, we have put together our top tips for finding a compliant and trustworthy payroll solution.Do not believe everything you read – some articles that have been published online regarding holiday pay and the deductions that payroll providers deduct, are not factually correct. A compliant payroll provider will have staff who specialise … [Read more...]
Job vacancies reach the 1 million milestone
The month of July saw more than a million job openings, the first on record since the economy recovers from the pandemic.Figures published by the ONS also showed that the number of employees on payrolls rose by 182,000 last month - though this was still 201,000 below the pre-crisis levels.Arts, leisure and food service firms were among those making a big contribution to the surge in job vacancies.Ruth Gregory, senior UK economist at Capital Economics, said the jobs data should calm … [Read more...]
Right to work in the UK changes for EEA Citizens
With less than two weeks until the right to work checks change for EU residence whom are continuing to live and work in the UK, the employer’s right to work guidance has now been updated.From 1 July 2021, EEA citizens and their family members require immigration status in the UK. They can no longer rely on an EEA passport or national identity card, which only confirms their nationality, to prove their right to work. They will be required to provide evidence of lawful immigration status in … [Read more...]
Don’t get confused between the FCA and the FCSA
With compliance being, or what should be a priority for any agency or end client when it comes to reviewing their payroll providers, it would appear that many are getting confused with the accreditations that play a vital part in governing the outsourced payroll sector. The most well-known names of accreditations for outsourced payroll in the UK are the FCSA (The Freelancer & Contractor Services Association) and PP (Professional Passport). The FCSA is not the FCA. The FCA … [Read more...]
Recognise the Signs of Payroll Fraud
Identifying suspicious activity can help your business save thousands of pounds every year from payroll fraud. Private sector businesses are losing in excess of £12bn each year to payroll fraud. Payroll fraud is simply described as employees who try to defraud the payroll system at their place of employment in order to gain more money they are not entitled to. For larger corporations, undetected payroll fraud may not pose a huge threat but for smaller businesses can have a … [Read more...]
Future of Lockdown: UK Government Guidelines
A paper published by the House of Commons on April 2nd, 2021, outlines the rules around COVID-19 and returning to work. Here is a brief summary which outlines lockdown legislation, employer’s health and safety obligations and when workers can refuse to work.Download full report here.In late March 2020, the UK Government imposed a National lockdown in response to the COVID-19 global pandemic that swept the country. Government imposed rules that prohibited people from going to … [Read more...]
Education Agencies, a Growing Trend geared towards Outsourcing Payroll
ePayMe National Account Director Paul Johnston explains the reasons behind the noticeable increase of outsourced payroll by education agencies. Since the start of COVID pandemic we have seen a substantial increase in education agencies that are outsourcing to umbrella services like ourselves to manage their internal payroll (PAYE). Paul outlines the many pros for agency workers when acquiring umbrella services.Since the termination of expenses back in 2016, many workers felt … [Read more...]
IR35 For Beginners
Do you need assistance understanding IR35? Are you unsure if you are affected? This IR35 for beginners infographic may help.Infographic: IR35 for beginnersIf you have any questions or concerns about your IR35 status then please do connect with us on 01252 863700 or email info@epayme.co.uk.ePayMe are one of the UK’s leading providers of compliant payroll services to contractors, temporary agencies and small businesses. Our bespoke systems utilise the latest software and link directly … [Read more...]