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...]
Government extends Right to Work checks
The UK Government have today announced that the temporary Right to Work checks for employers has been extended until April 2022.Since the national lockdown in March 2020, employers have been able to carry out right to work checks remotely, without having to see any hard copies of documents. The initial checking process meant that job applicants or existing workers were required to send their original documents. This inevitably proved to be challenging when stay at home restrictions were in … [Read more...]
HMRC reveal bizarre excuses for not paying NMW
Following the latest HMRC press release naming and shaming employers for paying staff less than minimum wage, they have now published some of the excuses employers have used for failing to pay staff at minimum wage.HMRC recognises that the vast majority of employers ensure they pay their employees at least the NMW, but, in tax year 2020-21, it has helped over 155,000 workers in the UK to recover more than £16 million in pay they were entitled to. In addition, it has issued over £14 million … [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...]
HMRC update: New proposal to clamp down on promoters of tax avoidance
HMRC have published further updates on the proposal to clamp down on tax avoidance schemes.The measure is targeted at the most persistent and determined promoters and enablers of tax avoidance.The proposed legislative changes are designed to clamp down on the supply of tax avoidance arrangements and include:a new power for HMRC to seek freezing orders that would prevent promoters from dissipating or hiding their assets before paying the penalties that are charged as a result of … [Read more...]
Employee Experience the focus of Post-Covid Business: How prepared is your business?
Many employers are making sincere changes to their businesses in order to incorporate the increasingly popular Hybrid Working Model and prioritise Employee Mental Wellbeing. The UK Government's initial response to the Covid-19 pandemic was to impose a countrywide lockdown, enforcing workers to work remotely from home where possible. Businesses as a result, had to adjust and comply with new regulations for the safety of its workers.Subsequently, the effects of lockdown has now … [Read more...]
Umbrella Company or PAYE?
Understand the difference and find out which is the right option for you. Opting to work through an umbrella company is an increasingly popular payroll option in the UK for temporary workers and contractors. However, the understanding of what this actually means for workers is still largely misunderstood. This article aims to highlight in simple terms the differences between umbrella companies and agency PAYE systems; their functions and how worker payroll is processed. This article … [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...]
Employment Showing Signs Of Recovery
Recent UK report on jobs by KPMG and REC indicates an improved market confidence among employers as Government outlines its roadmap for lifting lockdown. The volatile job market is showing signs of recovery following Government’s strategy to lift lockdown. According to the KPMG and Recruitment & Employment Confederation (REC), UK Report on jobs there is still an upsurge of temporary billings, however, the economy is now seeing a steadfast increase in permanent job placements … [Read more...]