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September 2019 - The Big Picture

Paul Malley

Paul Malley | Managing Director

Wednesday 25th Sep, 2019

The final legislation is due out any day now and we are expecting it to be in line with the draft legislation that was released in June. Unlike other legislative changes, the sector generally appears to be preparing themselves in advance for this one. So if you haven’t yet heard from your agency regarding the changes, I’m sure you soon will.

That’s why, in this newsletter, we’re shedding some light on what could help and hinder your IR35 status with our useful infographic. However this does come with a caveat. The IR35 legislation is not straight forward, it’s about painting a picture of each individual’s circumstance which is why we always urge contractors to get a professional opinion on their IR35 status. The good news for our contractors is that we offer free IR35 reviews for contractors using our full limited company service.

We also share with you some hints and tips on how to avoid distractions whilst working at home, along with the how to ensure your financial affairs are taken care of correctly if you are planning to leave the UK to live and work overseas.

In other news we’re proud to publish the amazing results from our latest customer satisfaction survey which was carried out by our umbrella employees. At PayStream we appreciate that if you stand still you are at risk of being overtaken, so we ensure that our service continues to move forward. And the best way we have found to do that, is by listening to what our contractors have to say. This is why we believe we consistently score well on all of our customer satisfaction surveys and why 94% of our contractors would recommend PayStream to a colleague.

Related article - IR35 MythBuster #3 

Fact or Myth? If the small companies exemption applies, an agency could still be liable for unpaid tax under the new IR35 rules.

Read more here
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