ePayMe is pleased to announce that it has become a business partner of the Recruitment & Employment Confederation, The REC.The partnership is a significant step for the Surrey company, which is also Professional Passport and APSCo accredited.We have been providing the recruitment industry with compliant and robust payroll solutions for many years. Our knowledgeable and helpful staff have a wealth of experience and a combined 100+ years working within the payroll space.REC sets … [Read more...]
Autumn Statement Overview
The Chancellor has announced in the Autumn Statement a series of changes that will affect finances.Jeremy Hunt started his speech in the House of Commons, stating that in the face of "unprecedented global headwinds, families, pensioners, businesses, teachers, nurses and many others are worried about the future. He says the plan leads to lower energy bills and a stronger health and education system.Here is an overview of the key points from the statement.Tax and wagesThe … [Read more...]
Working through an Umbrella Company, Key Information Documents and Your Employment Rights
An Umbrella Company like ePayMe, is a business that is used predominantly by Recruitment Agencies to pay temporary workers. Your umbrella company is your legal employer and will pay you PAYE. However, the work you carry out will be sourced by the Recruitment Agency on a short term and on an assignment by assignment basis.Before the Recruitment Agency can offer you an assignment, they may ask you to be employed by one of their preferred Umbrella Companies. Many Umbrella Companies are … [Read more...]
National Insurance Increase Reversal; What this means for your payroll
As the Government is committed to a low-tax, high growth economy to ensure people retain more of the money they earn and for businesses to be able to invest, grow and be productive an announcement was made, that the National Insurance Contributions increase will be reversed along with the provisionally planned Health and Social Care Levy.National Insurance rates from 6th November 2022 will be reduced, removing the 1.25% increase for the remainder of the tax year. The Health and Social … [Read more...]
HMRC ‘will resist any reversal of end-clients making decisions on IR35’
The taxman will oppose any deviation from the central tenet of IR35 reform – that engagers decide the status of their limited company contractors.Issuing this assessment, HMRC dispute firm WTT Consulting could have been trying to clue-up or warn those hoping chancellor Jeremy Hunt uses his Autmn Statement 2022 on November 17th to announce an off-payroll review.Dolan Accountancy But the firm’s Graham Webber, who specified the resistance by HMRC to removing clients as the IR35 … [Read more...]
National Insurance rise to be reversed in November
A 1.25% rise in National Insurance will be reversed from 6 November and the government will axe a planned tax rise to fund health and social care.The NI rise was introduced in April under former chancellor Rishi Sunak, but during the Tory leadership race Liz Truss pledged to change it.New chancellor Kwasi Kwarteng made the announcement ahead of a "mini-budget" on Friday.He said: "Taxing our way to prosperity has never worked."To raise living standards for all, we need to be … [Read more...]
HMRC’s Latest List of Tax Avoidance Schemes
Here is HMRC's latest list of tax avoidance schemes. Its not long since HMRC's last update so they are clearly very active in highlighting these schemes and outing the perpetrators. That's good to see, particularly if it helps stop non-compliant umbrellas and stops contractors becoming embroiled in a scheme that results in a huge future tax bill that they're personally liable for.We would like all umbrella companies to be compliant in their approach to avoidance of Tax and not look to … [Read more...]
12.07% holiday pay appeal rejected
Further to our previous blog regarding holiday pay which details information regarding the Harpur Trust v’s Brazel case, it has been published today that the Harpur Trust’s appeal has been dismissed unanimously and the ruling still stands.It was acknowledged that EU case law indicates that, in general, a worker’s minimum holiday allowance is determined by the number of weeks they actually work. Under UK law, holiday pay for people working irregular hours is determined by averaging their pay … [Read more...]
Support package for over 50s jobseekers
On the 4th July the Government announced a new support package to tackle unemployment amongst the over 50s on benefits.The new measures are set to help a quarter of all job seekers get back into work with an estimated £22 million investment.As a stable income is the best route for people to support themselves through challenging times, Jobseekers over the age of 50 will have more one-to-one support at jobcentres. This will help them get into and progress in work, boosting their earnings … [Read more...]
Agency workers to replace staff on strike following MP’s vote
Yesterday evening the draft Conduct of employment agencies and employment businesses (amendment) regulations 2022 was approved by MP’s by 289 votes to 202.If approved by the House of Lords, the legislation will be changed to allow employers in public services such as education, transport and healthcare to replace staff on strike with agency workers.These changes come hours after further strike action was confirmed.In light of this, the Government have reviewed the current industrial … [Read more...]