Allumbrellacompaniesareequal are encouraging recruitment agencies to compliance check the umbrella companies on their PSL Lists (Preferred Supplier Lists).
Editor | 12 November 2014
/ / / / /Editor | 11 November 2014
/ / / / / /From November 2014 HMRC are issuing 24 million personal tax summaries showing the tax you have paid and how it was spent. You should receive a tax summary automatically if you have paid any income tax in the prior tax year.
Editor | 10 November 2014
/ / / / / /Holiday pay has been in the news following a ruling that overtime (and possibly commissions) should be reflected in an employee’s holiday pay but how does this affect contractors who work through contractor umbrella companies?
Editor | 5 November 2014
/ / / /Holiday pay is in the news following a landmark tribunal case that ruled that overtime should count towards a workers holiday pay rate. What this means is that if overtime is part of your normal working week then you should receive a similar wage when you are also off on holiday i.e. it should not revert back to your basic wage excluding overtime.
Editor | 3 November 2014
/ / /HMRC has announced that its much criticised IR35 Business Entity Tests (BETs) are to be scrapped from 6th April 2015. A review by the IR35 Forum found that the tests were used very little and not fulfilling their intended purpose.
Editor | 11 November 2014
/ / / / /Social workers operating through their own limited companies may fall under the HMRC spotlight as they look at sectors they consider to fall foul of IR35.
Editor | 11 November 2014
/ / /HMRC have issued guidance regarding the deadline for IR35 returns and IR35 payments for the tax year ended 5th April 2014.
Editor | 6 November 2014
/ / / / /Reaction continues to dominate the news in relation to the tribunal cases (Road maintenance company Bear Scotland v Fulton, engineering firm Amec v Law and industrial services group Hertel v Wood) that ruled that workers who regularly perform overtime should have these earnings reflected in their holiday pay as this is their “normal pay”.
Editor | 4 November 2014
/ /HMRC has issued guidance on the quarterly reporting requirements that will be required to be sent to HMRC for employment intermediaries, such as recruitment agencies, from 6th July 2015. The first report must be sent to HMRC by 5th August 2015 and will cover the 3 months from 6th April 2015 to 5th July 2015.
Editor | 29 October 2014
/ / /As October kicks in, so do certain revisions inherent to the UK’s Employment Law system. We looked last month at the changes to the National Minimum Wage, so this time around Umbrella.co.uk Director Miles Grady takes us on a quick overview of other changes to be rolled out across the system.
