Thousands of employees working within the public sector are potentially being taxed incorrectly in an ongoing fiasco surrounding their IR35.IR35 has always been a tricky piece of regulation, and it seems like it's not getting any easier to manage with time. Serious questions over the accuracy of the Check Employment Status for Tax (CEST) tool are only being underlined by courtroom defeats for HMRC over status challenges. Meanwhile, confusion over the rules has contributed to an 8% … [Read more...]
Consultants taking incentives, be warned: HMRC are coming for you!
Last week we shared important information surrounding incentives given to recruitment consultants https://www.epayme.co.uk/your-provider-may-giveth-but-hmrc-may-taketh-away/FCSA have recently published information regarding the HM Revenue & Customs investigating recruitment consultants, and made the following statement ‘Recruitment agencies please beware! Last week some recruitment consultants starting receiving bills from HMRC for unpaid tax on incentive payments. It seems that the … [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...]
‘Brave’ contractor MDCM Ltd wins IR35 appeal
A brave limited company contractor has won his IR35 appeal, overcoming three status factors that went against him and giving HMRC a red-face in the process.Mark Daniels, who fought HMRC alone in an era of it using barristers, even got helped to his win by HMRC, despite Financial Risk, Substitution and MOO going in its favour.But on Control, HMRC was forced to withdraw its submission against Daniels, director of MDCM Ltd, during the hearing and once tax officials had heard oral evidence … [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...]
Moving back to a trusted umbrella service from an expensive PSC provider!
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...]
HMRC comes under fire from providers
HM Revenue & Customs’ new Employment Status Service (ESS) tool to determine the IR35 status of public sector contractors has come under fire from contractor service providers. The tool, launched ahead of a new requirement on public sector companies to set the IR35 status of contractors they engage from 6 April, is facing criticism from service providers just a day after its launch. Commenting on the new tool’s launch, Dave Chaplin, CEO and founder of contractor portal ContractorCalculator, … [Read more...]
Theresa May’s Brexit plans and their impact on employment law
Theresa May’s speech was welcomed by businesses who are seeking clarity on the long term plans for Brexit. Whilst certainty was provided on certain areas, such as whether the UK will remain a member of the single market, other areas remain deliberately vague as the final position is unknown due to the need to negotiate with the European Union (EU).For many employers, the Prime Minister’s confirmation that immigration will be controlled domestically is one of the most important objectives of … [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...]