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.
We’re thrilled to announce that PayStream has been shortlisted in 3 categories at The Contracting Awards 2020, including: Best Umbrella Company, Best Contractor Accountancy and Best Contractor Innovation for our groundbreaking IR35 Comply review service.
At PayStream, we have roughly 20 team members working within our payroll department, from trainees right up to well established and experienced Payroll Seniors. To mark National Payroll Week 2020, we asked our Payroll Manager a series of questions to understand the huge impact their work does for not only our contractors but the agencies we partner with.
Each month we highlight key points which are taken from REC's Jobs Outlook Survey to bring you the latest contractor market trends. In August's edition, there are a couple of surprises, which can only be good for the contractor market. Is your sector in demand?