Many contractors we have spoken to over the years have not realised just how much information HMRC holds that would make it easy for them to identify ‘dodgy’ schemes operating in the market. The issue that comes up again and again is why HMRC is not more proactive in its approach and working to close such schemes down faster. Whilst we too take steps to continuously challenge HMRC, there has been little headway. Despite this, contractors need to be alert to the fact that nowadays it is more … [Read more...]
Off-Payroll working in the Private sector – Draft Legislation
As I am sure you are all fully aware the draft legislation for Off-Payroll Working in the Private Sector has been released. This is very much in line with what we were expecting and have been advising on.Whilst it is open for comments before being added to The Finance Bill 2019, we do not anticipate any significant changes.There are some key points of note in this updated legislation when compared to the Public Sector version:It is happening in April 2020. Clients have an … [Read more...]
Risks Facing The Recruitment Sector in 2019
Whilst the recruitment industry is a good barometer for the economy in general and is affected by Brexit and GPDPR, like all other sectors, recruiters will face some very specific risks in the coming year. IR35 was a major concern throughout 2018 and we now know that the changes will be introduced to the private sector in April 2020. We have already seen recruiters looking at workarounds, as pressure from hirers intensifies throughout 2019.With possible changes to regulations in the payroll … [Read more...]
Leading payroll solutions provider ePayMe gains Professional Passport accreditation and joins trade body APSCo
ePayMe, the leading outsourced payroll services provider for the recruitment industry, has been named an Approved Supplier by employment industry recognition scheme, Professional Passport, at the same time as becoming an affiliate member of APSCo, the international trade association for the recruitment industry.The Professional Passport accreditation scheme involves rigorous auditing of ePayMe’s service levels, in-house systems, work practices and staff training. Combined with the APSCo … [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...]