Payme Post: Issue 12
Welcome back to the newest edition of Payme Post.
We’re excited to bring you a selection of our recent insights. From the implications of the latest HMRC spot checks to understanding the critical changes from this year's Tax Administration and Maintenance Day, and exploring what to look for when choosing the right umbrella company partner.
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Navigating HMRC Spot Checks: Ensuring Compliance for Recruitment Agencies
As HMRC intensifies its oversight, recruitment agencies face increased scrutiny to ensure their payroll providers comply with legal standards. Our blog looks at the critical areas of concern highlighted by HMRC, including the risks associated with partnering with non-compliant umbrella companies. From recognising red flags, like unusual financial promises to implementing robust due diligence processes, learn how to safeguard your agency against reputational damage and financial penalties.
Tax Administration and Maintenance Day: Payme's Analysis of Recent Changes
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Tax Administration and Maintenance Day, a pivotal event for keeping abreast of new tax regulations affecting contractors and freelancers. Our blog provides an in-depth analysis of the day’s significant announcements, from heightened measures against non-compliance in the umbrella companies market to potential VAT reliefs for charitable donations and more.
?Learn how these updates could influence your business operations and compliance strategies in our blog.
Choosing the Right Umbrella Partner: Six Factors to Consider
When it comes to choosing an umbrella company partner, making an informed decision is vital for both contractors and recruitment agencies. The right partner should streamline payroll processes, ensure compliance and provide a range of valuable services.?
In this blog, we outline six essential factors to consider when making this decision, from the reputation and experience of the provider to their commitment to compliance and transparency.?
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