A question that we are asked a lot, by agencies and end clients, is whether we think the off-payroll legislation will be delayed again. Although there was relief last year when the off-payroll rules were postponed there was also frustration for the companies that had taken the time and trouble to get there processes right. This has led to a reluctance this time round to carry out work unless absolutely necessary when they are so many other issues to deal with.
At the time of writing we are all expecting Chancellor Rishi Sunak’s 2021 Budget to be delivered on 3rd March. The worldwide health issues caused by the COVID-19 pandemic together with the knock-on economic effects since his last Budget will inevitably be reflected in the content of Budget 2021.
The countdown to April 6th is on. The Government have already confirmed that the introduction of the off-payroll working legislation will not be delayed in 2021 so it’s imperative that recruitment agencies have a plan in place. As always, agencies can continue to contact their PayStream Client Relationship Manager for hands-on IR35 advice, however here are a few quick pointers of things we learnt from our clients in the run up to the changes last April.
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”.
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.