IAP’s Review following Orange Genie suspension
FCSA has received the final determination of the FCSA’s Independent Arbitration Panel (IAP), regarding the membership status of Orange Genie
HMRC names even more tax-avoidance schemesters
HMRC has again updated their ‘named tax avoidance schemes, promoters, enablers and suppliers’ list. All five of the latest batch, are businesses based in the Isle of Man who have avoided paying Income Tax and National Insurance through shady loan agreements. These companies are: Collect Consulting Limited Connections Limited First Step Consulting Limited Simply Consulting…
Brabners discuss the new offence of failure to prevent fraud which has been tabled by the Home Office.
Written by Dan Stowers, Partner and Head of Business Crime and Compliance, Brabners LLP On 11 April 2023 a new offence of ‘failing to prevent fraud’ was tabled by the Government as an amendment to the Economic Crime and Corporate Transparency Bill which is progressing through the House of Lords. The Government’s intention is…
IR35 and deemed employment – Eamonn Holmes loses HMRC appeal
Written by Brabners LLP In the recent case of Red White and Green Limited v The Commissioners for HMRC [2023], the Upper Tribunal concluded that TV presenter and journalist Eamonn Holmes was a deemed employee for IR35 purposes. This case provides further important guidance for contractors, umbrella companies and agencies on IR35 assessments and the…
Maintaining Positive Workplace Relations: Considerations for Employers Regarding the Importance of Social Media Policies
As technology continues to evolve, social media has become an increasingly prevalent feature within the workplace. Platforms such as Facebook, Twitter and LinkedIn have become useful tools for both employees and employers for networking, recruitment, and business development purposes. Whilst social media can have a positive impact upon businesses, it also poses a potential risk…
Contractors’ Questions: Is Spring Budget 2023 moving to payroll benefits-in-kind helpful?
Originally for Contractor UK Contractor’s Question: An umbrella contact of mine told me that as part of Spring Budget 2023, the government is apparently going to use tech systems to let employers payroll benefits-in-kind. The thinking is this will reduce burdens on employers, but wouldn’t it really help employees too, as it should give a…
Budget 2023 – Pensions taxation reforms
The Chancellor of the Exchequer, Jeremy Hunt, delivered his first budget on Wednesday 15thMarch. A number of changes to the way in which pension savings are taxed were much discussed in advance of the Budget, but the Chancellor went even further than expected in what has been reported as his “back to work” Budget. Lifetime…
Written terms or the practical reality of the employment relationship – what is the starting point?
The Supreme Court’s landmark decision in the Uber case reinforced the idea that the contract is not always king when determining employment status. Courts will go behind any written terms to take into account the practical reality of the parties’ relationship. A recent Employment Appeal Tribunal (EAT) decision in the case of Ter-Berg v Simple…
The increasing concerns around pay equality
A recent study by beqom (‘Study’) has indicated that employees based in the United Kingdom (UK) are becoming increasingly concerned with pay equity and are currently more likely to discuss pay with their workplace colleagues. The Study has indicted that these concerns have become the focus of employee attention primarily due to the impact of…
HMRC names another tax-avoidance schemester
HMRC shared another company yesterday (2nd March 2023), on their ‘named tax avoidance schemes, promoters, enablers and suppliers’ list. Hive Umbrella Ltd (HUL) were caught using a scheme that offers National Minimum Wage with ‘Ad-hoc Pay Advances’. This ‘advance’ represents an interest free debt (to HUL) which is offset against a future bonus when HUL decide to grant…