PAYE or Ltd

If you have been given the choice to work on a PAYE basis via an umbrella company or form and work through your own limited company (often referred to as a PSC) there are many important factors to consider and we have listed some of the pros and cons of each which should hopefully assist in.. read more →

Told you have to be on PAYE?

We have received a considerable number of phone calls from individuals who have been told by their recruitment or umbrella company that they will no longer be able to work on a self-employed basis and will have to have their income subject to PAYE and national insurance at source from now on. In many cases the companies have.. read more →

False self-employment consultation

If you engage self-employed staff you will soon need to reconsider your position! The government put proposals forward which they plan to bring into force in April 2014 which would make it virtually impossible for companies to engage people on a self-employed basis without the risk of an HMRC “agency challenge”. If there are three people in.. read more →

ICM lose appeal

The judgment for Island Contract Management (“ICM”) v HMRC was released last week and to no-one’s great surprise, ICM were unsuccessful in their appeal and it was confirmed that they were liable to pay HMRC a rather large £43m in liabilities!! ICM operate offshore and offer the Construction Industry subcontractors they engage the chance to.. read more →

Increase in HMRC challenges

In November 2012 HMRC changed their approach to opening enquiries with the roll out of business records checks. Instead of going down the old route of opening official compliance checks, visiting the premises, questioning the staff and reviewing mountains of documents which can take a day or two per company. HMRC now phone companies and.. read more →