The Chancellor has announced that the off-payroll rules, which were introduced in the public sector last year, will be extended to the private sector with effect from April 2020. This is following submissions from PayStream, the recruitment industry, ICAEW, CBI and others that the legislation should, at least, be delayed to assess the real impact that the public sector changes have made.
Louise Topham joined PayStream back in May 2010 as a Customer Advisor. She’s since worked her way up the ranks and is now our Agency Service Support Manager. Given her success at PayStream, we wanted to find out a little more about Louise and her PayStream journey...
This month the entire sector is waiting with baited breath for the Budget on the 29th October to see if it brings news of the controversial changes regarding IR35 (off payroll working) in the private sector. As and when we learn more we will be sure to let you know how this affects you. In this month’s newsletter we expand on what this may mean for the sector along with our views.
From 6 April 2019, if you live in Wales, some of your Income Tax will be paid to the Welsh Government. The rates of Income Tax will be set by the Welsh Government. HMRC are notifying those identified as a Welsh taxpayer in November 2018 so it is important that the information HMRC hold is correct and they know your current place of residence.
When contractors are considering the value of the PayStream Tax Investigation Protection Service (TIPS) they often ask us “Are HMRC interested in the accuracy of my personal Tax Returns?” along with “what are the chances of me being selected for a compliance check?” and “what sort of things are being investigated?”.