Recruitment industry warned by experts that tax avoidance is a real threat
In a hard hitting seminar held in London yesterday by the recruitment law specialist Lawspeed, attendees were warned of the risks in dealing with tax avoidance schemes through payroll companies. Theresa Mimnagh, an associate director, explained “there has been little mention since the rules were introduced of any investigations under the MSC legislation, but we […]
The government should be clear on offshore tax loopholes, says the ARC
A recent Radio 5 Live expose revealed that no employer national insurance contributions (NIC’s) are being paid for the supply teachers operating via an offshore arrangement, based in Sark.It also suggests that the teachers or educational establishments concerned could be liable for the unpaid NIC’s. This brings a difficult issue sharply into focus, says Adrian […]
Off payroll, and in the news
News that an estimated 131 freelancers at the BBC could be offered staff contracts as a result of an internal tax review comes as no surprise given the recent media discussions on the moral aspects of the payment of tax. Other stories in the press on the use of off-shore umbrella companies meaning that payments […]
Increase in the living wage – AWR implications
This week has seen the announcement that the living wage will increase to £8.55 per hour in London and £7.45 outside of London. The living wage is determined by the Centre for Research in Social Policy and the Greater London Authority as being the amount needed by a worker to meet reasonable living costs. The […]
Are agencies liable for contractor tax?
Following recent investigations on Radio 5 Live into temp and contractor pay, and a continuous focus by government on tax avoidance particularly in the public sector, Lawspeed will explore these and other issues relating to contractor models in a seminar to be held on the 14th November 2012. With guest speaker Shawn Healy, a tax […]
BDO Tax Director Shawn Healy to speak at Lawspeeds’ Contractor seminar
Lawspeed is delighted to announce that a senior employment tax specialist from BDO LLP will speak at the forthcoming ‘Knowledge is Power’ seminar on 14th November, the topic ‘Critical issues for the recruitment industry – Contractors’ addresses issues that relate to contractor supply models and covers a wide range of related aspects. Shawn Healy is […]
New Lawspeed seminar on threats and opportunities within Contractor models
The forthcoming ‘Knowledge is Power’ seminar called ‘Critical issues for the recruitment industry – Contractors’, is aimed at business owners, operations directors, FD’s and HR. It explores the threats and opportunities within contractor models, and includes a bespoke Q&A element for delegates to ask focussed questions during and after each presentation. The seminar kicks off […]
The ARC rejects attacks by Ed Miliband on the recruitment industry
Ed Miliband MP, and Labour leader has enjoyed a heightened profile after his signature address to the party faithful at the annual Labour conference in Manchester. In it, he has again criticised the recruitment industry. The ARC is now exploring the roots of this negativity – which stems from the assertion that access to […]
National Minimum Wage changes – 1st October 2012
On 1st October 2012, the annual National Minimum wage increases take effect. Adult workers aged 21 and over will now be entitled to £6.19 an hour, an increase of 11p an hour from the previous rate of £6.08 per hour. There are also increases in the minimum wage payable to apprentices, which will increase for […]
Pensions and auto enrolment – are you ready?
Theo Paphitis and Karen Brady are all over our tellies backing auto-enrolment in adverts informing workers that from 1st October 2012, employers will have to provide a pension scheme, and to encourage worker contributions aswell. If this is the first you have heard about it, or you don’t feel at all ready yet – don’t […]