HMRC’s Latest Umbrella Guidance – Helpful Or Nothing New?
HMRC recently issued guidance for recruitment businesses using umbrella companies, which on the surface seems a positive step forward, but what does it actually mean for umbrella workers? Nothing has actually changed The first point to make is that nothing has actually changed – no new rules or regulations have been brought in. Instead, it seems to be […]
Our Opinion On Latest Umbrella Exposé
There has been another exposé of alleged poor practices taking place at an umbrella which has been accredited by an industry body. Our founder, Julia Kermode, has considerable experience in umbrella compliance, and as such was being repeatedly asked for her view on the situation. She therefore recorded the below short video:
New Umbrella Accreditation Launches – FORTIFY!
In response to industry demand, specialist payroll auditor launches exciting new PayePass Fortify Umbrella Accreditation. In the continued absence of government action to regulate the sector, there has been a proliferation of tax avoidance schemes in the umbrella industry. Alongside this non-compliant activity, other unethical behaviours – including skimming and the withholding of holiday pay – are […]
Government Set To Tackle Tax Avoidance In Umbrellas
The government has announced a raft of proposals being considered to tackle tax avoidance in umbrella companies. This follows their November 2021 consultation on the role of umbrella companies in the labour market, amid concerns about unlawful working practices. In its response, published on 6th June 2023, the government proposed: New ways to define umbrella […]
Your Qs Answered – What Exactly Is PayePass?
Fred Dures from PayePass Software Solutions discusses why he believes their umbrella payroll auditing is a game changer for the sector. PayePass immediately piqued the interest of IWORK when the respective founders, Fred Dures and Julia Kermode, were chatting about the need for an umbrella payroll audit with ‘nowhere to hide’ to give true peace […]
Full Payroll Compliance Auditing for Umbrellas
A new service has been launched by PayePass which tracks and verifies the full journey of monies paid to an umbrella or outsourced payroll provider. Growing problem of skimming We have long been aware of scams taking place within the temporary workforce sector which is exacerbated by the lack of visibility over what happens to […]
Opportunity to Influence Umbrella Sector Regulation
Treasury, HMRC and BEIS have just published a Call for Evidence on Umbrellas. It forms part of their commitment to bring umbrellas into scope for labour market enforcement, and they want to hear from all stakeholders. Importantly they particularly want to hear from workers who have been engaged via an umbrella, so this is your chance […]
Beware Of The Umbrella Clones
A new criminal activity is on the increase in the umbrella sector – the so-called cloning of compliant umbrella companies. This scam works by fraudsters setting themselves up in business using a company name which very closely resembles that of a compliant business. These scammers then seek to extort payroll monies out of recruitment firms […]
IR35: Soft Landing, What Soft Landing?
In what many will see as contradicting their published “soft landing”, HMRC have started off-payroll compliance activity in the Oil & Gas and Financial Services sectors this week. HMRC are writing to businesses that they believe engage contractors requesting the business to contact HMRC by a certain date to arrange an initial phone call. This […]