IR35: what’s changing in the private sector?
When IR35 first came into force in 2000, each contractor was responsible for assessing their own IR35 status. Therefore, the contractor’s limited company or employment agency was responsible for paying any tax or National Insurance Contributions (NIC) due. In 2017, the rules changed for the public sector, whereby the responsibility for ensuring the correct IR35…
Inside IR35 and Outside IR35 – what do they mean?
Inside IR35 Meaning To be ‘inside’ IR35 means that you are considered, for tax purposes, an employee of your end hirer and therefore subject to PAYE. Outside IR35 Meaning To be ‘outside’ IR35 means that you are operating as a genuine business, and therefore operating outside of the IR35 rules. This means that you are…
IR35 reforms in the private sector – who is liable?
The new rules come with significant compliance and tax risks for both agencies and end hirers. The agency is the first port of call for HMRC should a successful challenge be made to an ‘outside’ IR35 status assessment. Each partner in the supply chain could protect itself, but there is no way to remove liability…
New Government COVID support scheme announced
FCSA summarises new financial support measures for businesses and workers in line with Tier 2 and 3 restrictions announced on 22 October 2020.
Further Government guidance released on the Job Retention Bonus
New guidance on the Job Retention Bonus released
Key Information Documents – What role do umbrella companies play?
What is a Key Information Document (KID)? What must you include in a KID? What do employment agencies and employers need to do? We explain.
IR35 Update: HMRC issues statement on “interpretation of section 61O and conditions where the intermediary is a company”
Further to the FCSA’s meeting with HMRC officials this week (Wednesday, 14 October), following HMRC having been made aware of concerns regarding the wording of section 61O of Chapter 10 ITEPA that will apply from 6 April 2021, as promised, HMRC has released an official statement on the “Off-payroll working from 6 April 2021– interpretation…
FCSA and other industry leaders move forward on off-payroll reforms
FCSA report “a very positive and constructive meeting” with HMRC officials regarding the recent issues emerging out of IR35 off-payroll reforms. Find out more.
Umbrellaphant receives FCSA Accreditation
FCSA congratulates Umbrellaphant on achieving accreditation for their umbrella employment services. Umbrellaphant MD, Becci Wilson comments.
FCSA Accreditation Awarded to Fair Pay Services for Umbrella Employment Services
Fair Pay Services MD, Adam Holby comments on how proud his firm is to have achieved FCSA Accreditation for its umbrella employment service.