HMRC introduced its ‘Check Employment Status Tool’ (CEST) in 2017 to assist employers, hirers and workers in determining the employment status of the worker to ensure that the correct tax and National Insurance Contributions were paid. However it has faced criticism, we take a look to see whether it is fit for purpose in this blog.
For Personal Service Company directors in the contracting industry, and indeed small businesses in general, the countdown to Christmas each year brings with it some tedious but essential tasks before the festive season can be enjoyed.
As stated in our previous blog article - ‘IR35 errant clause’ is much ado about nothing, the Government has now confirmed that the off-payroll legislation will not affect umbrella companies and that the legislation itself will be amended to clarify the definition of “intermediary”.
On Thursday 4th November we did what no other provider has done before and scooped a trio of awards at the Contracting Awards 2020. Not only did we retain the Best Contractor Accountant award for the second year running, but we also walked away with Best Umbrella Company and Best Contractor Innovation for our IR35 Comply service.
This week some commentators picked up on the drafting flaw and published articles warning against the use of umbrella companies unless tax was deducted before paying the umbrella company. This seemed counterintuitive to us since one of the benefits to agencies and contractors (and HMRC) of using umbrella companies is the assurance that the correct levels of tax are paid.
Finding and winning contract work is a whole different story to finding and winning a permanent job. Contractors often get just one opportunity to impress as they are usually hired after just one interview. This article will give you our top tips for winning that contract.
With the furlough scheme due to end in October the country was waiting to hear what new proposals the Chancellor had planned to help industry and business through the continuing COVID-19 pandemic. This came in the form of the Winter Economy Plan. Further details of the measures announced are still to be published or clarified. In this article we provide a summary of what we learned.