This article is damning to all those agencies and workers using non-compliant providers. Whether it be an umbrella company promising 90% take home pay or and MSC offering the same, it's too good to be true and you are running a huge risk. Compliant providers will apportion the correct PAYE deductions, won't provide ridiculous referral fees to consultants and will act in accordance with HMRC. With Debt Transfer and the new Finance Act, dealing with a compliant payroll provider is … [Read more...]
Tax-Free Childcare
In March 2016, the Government confirmed their plans for a Tax-Free Childcare scheme to be rolled out gradually from early 2017. Tax-free Childcare will provide working parents and now self-employed workers with another option for tax savings on their childcare direct through the Government. You can sign up for Tax Free Childcare now! This is a great step for working parents as this will help all those employed and now those self-employed. Childcare vouchers will remain in place and you … [Read more...]
Calls to outlaw umbrella firms in the NHS (by a union that doesn’t understand how umbrella works)
Yet again, this news proves that organisations that should be educated and look at the best interests of its members, clearly has no grasp of reality. Working through a compliant umbrella company would mean that the worker does not lose eligible earnings, the agency should create an Agency Rate that includes an uplifted amount above PAYE to include such deductions as employers NI, holiday pay, pension contributions and an amount for margin/fee. It is not the umbrella that is a parasite … [Read more...]
IR35 reform in the private sector: waiting for the other shoe to drop
Long before controversial public sector IR35 reform was introduced in April, speculation was mounting that the private sector would face similar changes. And in fact, public sector reform was simply seen as a test-run for the private sector by many, writes Seb Maley, Qdos Contractor's CEO. While private sector IR35 reform has not yet been confirmed by the government, the rumour that this might well happen in time does have substance. Along with increasing media attention, private sector IR35 … [Read more...]
Every Friday is a Good Friday with ePayMe
There has been a lot of dispute in the media about the ‘true’ meaning of this bank holiday weekend, so we thought we might weigh in because we believe it’s ePayMe. We decided to write down some points to help you understand why ePayMe is the top payroll provider choice for all your temporary or contracting work this Spring. Efficient and knowledgeable team to make your payroll as hassle-free as possible. Affordable services that won’t break the bank. Succinct information keeping all … [Read more...]
The Sun Doesn’t Always Shine
IR35 Autumn Statement Public Sector (let's not forget the Private Sector) April 6th legislative change Apprenticeship Levy Not only have the above words been searched countless times on google, been on a plethora of agendas, they remain areas constantly being discussed. No longer a question of when or if the changes will be implemented or even delayed, the legislative landscape has changed – with changes implemented 6/4/17. If you’re not on the front foot now, there is still time, … [Read more...]
HMRC puts its own IT contractors inside IR35
The IR35 digital tool was delayed because the very IT contractors who built it quit the tax authority amid fears it would place them inside tomorrow's new legislation. In fact, the 18 limited company IT contractors who worked on the tool – the ESS – left HMRC on Friday before it was publicly unveiled, fearing for their own IR35 status. “This is why the launch date for the tool was delayed and also why HMRC have struggled to get it working properly,” said a PSC whose colleagues were on the … [Read more...]
An open letter to workers and contractors in the NHS
Dear NHS workers and contractors, We would first like to start this letter with saying thank you. Thank you for everything you have done, everything you continue to do and everything you will do as you continue to slave under the laborious and hard hours working for our National Health Service. After reading through articles by the BBC, Independent, Daily Mail and so on it is clear that you are seriously having a hard and worrying time working where you do. This past year has thrown … [Read more...]
IR35 Reform of Intermediaries Legislation: Public Authorities
HMRC has published an update on it's Off-payroll working in the public sector: reform of intermediaries legislation page to include further information for public authorities. Gov.co.uk states under Public Authorities: "For the purpose of this reform, a public authority means a public authority as defined for the purposes of the Freedom of Information Act 2000 and the Freedom of Information (Scotland) Act 2002. This definition covers government departments and their executive agencies, many … [Read more...]
We challenge you, to challenge us!
Are your preferred payroll partners providing true value to your business and your candidates? We have worked with a number of new clients recently and found that many providers on their PSL have in actual fact been causing more bad than good! We challenge you, to challenge us! We will not, and have not, to date, been beaten on service, reporting, price and compliancy combined. How many providers on your preferred supplier list (PSL) or approved supplier list (ASL) are simply “keeping their … [Read more...]