With over 8 million employees in the UK receiving furlough through the CJRS recruitment agencies are seeking alternative options to umbrella but is PAYE the way forward?PAYE V’s UmbrellaMany contractors and agencies get confused by umbrella, umbrella is a form of PAYE where the payroll provider deducts the standard PAYE deductions from the contractors earnings and submits these to the government. The agency provides the contractor with an ‘agency rate’ which is an uplifted rate of pay to … [Read more...]
Has your provider protected your contractors from the CJRS clawbacks?
Following the Chancellors first announcement around the economic support packages, the cost is now at an estimate of £132.5bn.The CJRS was set up as a new wage support measure in response to the Covid-19 pandemic to protect jobs in wake of the impact to the economy caused by the virus and to support employers who had difficulties continuing to pay wages to prevent redundancies being made.So what is the clawback?The government are now looking to recover funds claimed in error or … [Read more...]
Chancellor Rishi Sunak has spoken, support for self-employed is now confirmed
Chancellor Rishi Sunak set out plans for 80% wage subsidies for staff kept on by employers last week and the PM said he wants similar protection for freelancers. However, he stated there was “particular difficulties" for freelancers who are not on Pay As You Earn (PAYE) schemes, but that he wanted to achieve "parity of support" across the workforce.With 5.2 million self-employed workers in the UK, it was only a matter of time before the chancellor put a plan in place to support the self – … [Read more...]
Tax helpline to support businesses affected by coronavirus (COVID-19)
HMRC has a set up a phone helpline to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus (COVID-19).The helpline allows any business or self-employed individual who is concerned about paying their tax due to coronavirus to get practical help and advice. Up to 2,000 experienced call handlers are available to support businesses and individuals when needed.For those who are unable to pay due to coronavirus, HMRC will discuss your … [Read more...]
Coronavirus (Covid 19)
Our priorities at ePayMe are always to deliver and provide the best service, whatever the situation. However, we are all humans here at the end of the day too and we may need to revise our working hours or the ways in which you contact us, but we will update our messages and information whenever there are any changes. Rest assured that there will be no change in operations on a day to day basis with regards to processing salary payroll.Please refer to our page on Coronavirus, this will be … [Read more...]