At PayStream, we are committed to making a difference to those in our local community, which is why we have partnered with Benefacto, an organisation that works with small charities to provide professional volunteers who spend a one off day in work hours to come along and help out with sessions.
Steven has been working at PayStream for the past couple of years as our Senior Digital Marketing Executive. He looks after all content for the company's social media channels, as well as contributing to our email campaign strategy, SEO management, video creation, webinar hosting and literature design. We wanted to find out a little more about Steven and his PayStream journey.
With the introduction of the new legislation due in a matter of weeks you will spot a trend with this month’s newsletter – help and advice regarding the off-payroll working legislation. For instance, if you’re a limited company contractor affected by the changes, you may not be aware of how an umbrella company differs from an agency payroll, so we explain the difference between the two and the benefits that can be gained from working as an umbrella company contractor.
The last minute review of how the new rules would operate, brought about by an intense campaign by and on behalf of the contracting industry, led to HMRC undertaking a detailed review of the draft legislation due to come into effect on 6th April 2020. Here is a quick look at the key outcomes and what you need to know ahead of the deadline.
Working as a limited company contractor has a lot of advantages, but it does mean you're responsible for plenty of running costs. Fortunately, there are tax relief and allowances that can help you maximise your take home pay, as well as different expenses you can claim. But negotiating the HMRC labyrinth can be complicated, and it's easy to get confused over what you can and can’t claim. Here's our very brief guide to claiming expenses.
In April 2021 we'll see the implementation of off-payroll working in the private sector, a considerable number of contractors who currently choose to work through their limited company (PSC) may have that choice removed from them. Those likely to be affected have found themselves in unfamiliar territory in trying to choose an Umbrella Company
Martin Whalley - an IT professional with 30 years’ experience, had been working through his own limited company for the past six years. However the introduction of the off-payroll working legislation in the public sector in April 2017, meant that he had to make the move to an umbrella service as he found himself working inside IR35. We caught up with him to find out how this transition went