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What does compliance mean to PayStream
Why is compliance so important to PayStream?
Compliance to PayStream means operating in a compliant manner in line with the law, particularly employment and tax law. However laws can be interpreted in different ways, by different individuals which can in turn give Legal and Compliance teams in agencies huge headaches.
That is why it’s important for agencies to deal with compliant service providers who consult with tax advisers, lawyers and HMRC to keep up with changes in legislation or HMRC’s interpretation of existing legislation.
So, why should an agency be concerned about service provider compliance? Our video explains why...