Today’s blog focuses on the events/PR sector. Whilst no different to any other sector, adherence to the numerous, and often complex HMRC guidelines/requirements require focus and close attention.Whilst “cheap” is no doubt good for the bottom line, does this provide longevity in either the solution of the long term for a business?At ePayMe, we work with many within this sector. Similarly, we speak with a plethora of prospective clients and come up against a couple of common themes, but … [Read more...]
ePayMe in partnership with racing driver Clayton Kingman
We are thrilled to announce our partnership with racing driver Clayton Kingman. Clayton will be heading to Anglesey to take part in the Race of Remembrance this weekend (11th - 13th November 2016) and we are delighted to be sponsoring him for this special event.Clayton is known, not just for his racing talent, but for his 'Twitter to Track' story which has inspired many others to follow in his footsteps.45 teams will embark on a 1,000km endurance race with over 150 drivers competing … [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...]
Are you ready for the National Minimum Wage changes?
Although the minimum wage for the 25's and over was changed in April when the National Living Wage came into play, there are a few changes for the 1st October for other age groups.Below are the new National Minimum Wage rates:£7.20 - the rate for workers aged 25 and over £6.95 - the 21-24 rate £5.55 - the 18-20 rate £4.00 - the 16-17 rate £3.40 - the Apprentice rateIf you are in doubt as to the agency rates for contract workers or minimum processing rates for our different … [Read more...]
What Is Outsource Payroll?
Outsource payroll is where companies or agencies choose to save time & money by hiring an external company to process all or some aspects of the payroll function whilst staying compliant and up to date with current legislation.For organisations, ePayMe can offer a wide range of solutions ranging from bureau services to fully managed and compliant payroll processing and submissions to HMRC.For employees who choose to use the services of an outsource provide such as ePayMe, you can be … [Read more...]
Up, up & away!
Happy National Payroll Week
Wishing you all a very happy National Payroll Week from the Payroll Team at ePayMe! … [Read more...]
Don’t waste time worrying!
UK employees waste 20% of their time worrying about their finances This week, all of us at ePayMe, are celebrating National Payroll Week. We are spending this time to provide useful information to our workers and encourage them to look at payroll in a different way. We are aiming to provide assistance and guidance on ways in which they can save money through their payroll with ePayMe.According to a new report that researched 10,000 UK workers, 70% of the UK workforce admit to wasting a … [Read more...]