As the Self Assessment tax return deadline of 31st January draws closers, we thought it would be important to remind you of remaining vigilant to scammers who imitate HMRC in an attempt to steal the hard-earned money of our contractors. There are many inventive ways in which these scammers work, through multiple channels in an attempt to trick people into a false sense of security. Read on to learn more about what to watch out for.
For those who don't yet know, changes to off-payroll working in the private sector are coming into effect from April 6th this year. It means the private sector will essentially fall in line with the off-payroll working changes implemented in the public sector back in 2017, minus a few alterations here and there. As changes go, it's almost as big as Sol Campbell's transfer from Spurs to Arsenal in 2001.
At PayStream we are committed to making a difference in our local community through a variety of methods, such as our volunteering incentive which sees PayStream staff taking time out of their working day to support local charities. Our latest volunteer was our Company Formations Lead, Sharon Lemon, who was recently lucky enough to help out at not one but two charities!
On November 30th the Chancellor advised that Government would carry out a review of the IR35 private sector reforms which are due to be rolled-out in April 2020. Today Government have confirmed that the review is taking place and defined the scope of the review.
Mary-Beth has been working at PayStream for a number of years, originally joining as a Customer Care Advisor. She’s since worked her way up to become a Customer Care Team Leader and helps with the day to day running of the Customer Care team. We wanted to find out a little more about Mary-Beth and her PayStream journey.
The public has spoken and Boris Johnson has been elected as Prime Minister. Even though the Conservative Party said they would review the IR35 reforms in the private sector, given they were the architects of the legislation we strongly believe that these changes will go ahead as planned however watch this space for further announcements.