Following changes for off payroll working in the Public Sector, many contractors may have found themselves assessed as working inside IR35. Many end clients do not want the hassle of deciding each individual case and so have placed a blanket ban on all contractors. Many of these contractors cease operating through their own limited company, and opt instead for umbrella employment as their agency and end client have suggested. For a contractor working inside IR35 this is usually the better … [Read more...]
We are giving away iPads
It really couldn't be any easier. 1 x iPad will be won by a Consultant - If you are a consultant working with us, you will be placed in the draw for every contractor you send to us. (There are no restrictions on how many times you can be entered) 1 x iPad will be won by a Contractor - All new contractors registering with us before the end of June 2017, will also be placed in the draw to win. (You will need to be fully registered and in an assignment to qualify) The draw will … [Read more...]
NHS IT agency foresees PSCs moving to brollies
Contractors who supply the NHS through limited companies will likely move to umbrella companies before April’s IR35 reform comes into force, a health service IT recruiter predicts. Contractors’ next best alternative is to leave the public sector or the NHS for the private sector instead, says Don Tomlinson, managing director of NHS IT staffing firm max20. Tomlinson sounded aware that contractors who don’t act before April will have a third option -- stay as a limited company and accept the … [Read more...]
Do you operate within the Public Sector?
Last Monday saw the release of the HMRC’s draft finance bill, detailing the reforms as to how the IR35 legislation must be operated in the public sector from April 2017. There have been strong reactions from industry bodies to the Government’s new ‘Draft provisions for Finance Bill 2017’, nearly 400 pages of new tax legislation setting out the draft provisions for technical consultation, including changes to National Insurance contributions, clampdown on salary sacrifice contracts for new car … [Read more...]
Don’t be left in the dark about your Self-Employed Status
For many years being Self Employed meant working for yourself with no input from anyone else. Gone are the days of “cash-in-hand” as HMRC are clamping down on the whereabouts of Tax and NI for these services. If you are actively sourcing your own work for yourself and have no input from another source then you can be classed as self-employed, if however, you rely on an agency to source you this work then you are classed as employed and so will need to be PAYE or Limited status. PAYE can be … [Read more...]
HMRC off-payroll changes put recruiters in firing line
Recruiters fear “ill-conceived” changes to the rules regarding off-payroll workers will have a negative effect on the industry and could place some agencies on the wrong side of the law. Chancellor Philip Hammond announced in his Autumn Statement that the responsibility for operating IR35 off-payroll working rules and paying the correct tax will shift to the body paying the worker's company, potentially the recruitment agency. The new rules mean that when a worker provides their services … [Read more...]
HMRC ‘unwilling to give any steer’ on IR35 changes
The taxman is “unwilling to give any steer” on his approach to April’s IR35 changes to the very parties who will be liable and responsible for those changes, an agency body alleges. This current reticence by HMRC to provide the parties with the “real detail” on how the new rules will work makes it probable that it won’t be released until next year, says APSCo. The agency body reached this conclusion after it held a meeting with the Revenue’s policy officers Neil Chattell and Julie De … [Read more...]
97% of contractors much happier than employees, says new survey – find out why
Satisfaction levels amongst contractors are significantly higher than those of permanent employees, as more workers around the globe choose to make the leap into flexible working. The findings in ‘Independent work: choice, necessity and the gig economy’ – a study by McKinsey Global Institute (MGI) – show that 97% contractors are much happier than their permanent counterparts, recording greater satisfaction levels in almost every aspect of their work. The report also shows that: Up to … [Read more...]
HMRC launches new employment status unit
Recruiters have been urged to review their practices to ensure individuals are not being misclassified as self-employed. The warning comes from employment lawyers after it emerged HM Revenues & Customs is launching a specialist unit to investigate firms suspected of withholding employment protection from workers, by using agency staff or calling them self-employed. The move was confirmed last week in a letter from financial secretary to the Treasury, Jane Ellison, to Labour MP Frank … [Read more...]
£20,000 trainee GP offer to boost doctor recruitment
Dr Heidi Phillips said her profession faced "huge challenges" to hire and keep GPs. New cash incentives will be offered to doctors who train and work as GPs in Wales in a bid to tackle an issue with recruitment. Junior doctors will get £20,000, providing they stay for at least one year after completing their training. Those who train as GPs will also get a one-off payment of £2,000 to cover the cost of their final exams. It is part of a Welsh Government campaign to get doctors to … [Read more...]