Act Now!With all that has happened in the Public Sector since April 2017, it was inevitable that the Private Sector was going to follow suit. The only saving grace for some agencies and workers was the fact it has been pushed out to April 2020. Even with this extra time available, it would seem that many are still doing nothing about the changes and leaving their heads in the sand.What we do know is that the Private Sector will mirror the Public Sector once a further Consultation has … [Read more...]
Have you seen our article in The Educator?
If your payroll provider is offering a deal that sounds too good to be true....... you really should have a read of our article here.Please contact us on 01252 863700 if you would like to have a conversation surrounding any aspect of your payroll. … [Read more...]
The IR35 drama continues…….
How Off-Payroll toxifies relationships between business, agencies and the self-employed Not only are the Off-Payroll rules an overly-burdensome and unjust amendment to IR35, they also have a toxic impact on the previously amicable relationship between businesses, agencies and the self-employed. What HMRC introduced in a wanton effort to increase IR35’s tax yield threatens to destroy the supply chain dynamic and considerably damage flexible working in the UK.A real-life realisation … [Read more...]
Six reasons to outsource your payroll with ePayMe.
You may be asking why you need to outsource your payroll. Well, payroll can be complicated and time-consuming and when it comes to taxes, payroll is named as the area businesses find most troublesome.We’ve compiled an insightful infographic listing six ways that outsourcing payroll to ePayMe can save your business time, money and headaches. These include;Timing savings It goes without saying that you would rather spend time doing profitable work instead of administrative tasks. … [Read more...]
New HMRC Spotlight on umbrella companies ‘does not go far enough’
Umbrella companies inspiring HMRC’s new ‘Spotlight’ publication – dedicated to schemes that avoid tax – has been endorsed by payroll company bosses themselves, albeit tentatively.In fact, far from disliking brollies being in a HMRC series on abusive arrangements, Contractor Umbrella says it is “useful,” CWC Solutions deems it overdue and the FCSA said it was "welcome.”HMRC putting beyond doubt that 80, 90 or 95% take-home pay is not tax-compliant; that brollies are “never HMRC-approved”, … [Read more...]
Your Provider May Giveth but HMRC May Taketh Away!
Only last week we heard that several recruitment consultants had received tax demands from HMRC relating to unpaid tax on incentive payments received from one or more umbrella companies. If recruitment agency staff accept monies, vouchers and other types of benefit from umbrella providers, they should be declaring this as taxable income.The Government is taking this issue seriously and the actions being taken within the next two years will highlight not just taxation but also the UK’s … [Read more...]
ePayMe has been recognised as 1 of the top 1,000 UK companies to inspire Britain!
We are very proud to be recognised as one of the top 1,000 companies in the UK. The recruitment industry continues to inspire Britain in London Stock Exchange's 2017 report. The London Stock Exchange Group has released its 1,000 Companies to Inspire Britain report.To be selected for the list, businesses must demonstrate not only positive growth in revenue, but also significantly outperform their sector peers.ePayMe is one of just a handful of providers in our sector listed in this … [Read more...]
Outsourcing for efficiency
The following article looks at the ways that using using an outsourced payroll company such as ePayMe can improve a recruitment agency's efficiency. The article appeared as an advertorial in the January 2018 edition of 'Global Recruiter' magazine. Outsourcing for efficiency Using a dedicated payroll provider pays – in more ways than one Andrew Johnston, Chairman of ePayMeAs an outsourced payroll provider operating in the rapidly evolving temporary employment sector, we need to understand … [Read more...]
Lorry drivers stung over accounting firm ‘tax dodge’
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...]