As we all probably know already, the IR35 off payroll rules that the Government introduced into the public sector a few years ago are to be rolled out to the private sector from 2020. The reality is that unless you are a large business then the changes will not apply to you.
As of the 1st October 2019 the Government are introducing a reverse charge VAT scheme into the construction industry as an anti-theft measure, intended to remove the opportunity for fraudsters to collect VAT from their customers then disappear before paying it to HMRC.
Firstly, don’t panic. A member of the EEBS team will be able to talk you through what to expect and advise you on what to do next. You can contact EEBS on 01245 493832 or email us at firstname.lastname@example.org if you require helpful and professional advice.
EEBS provide you with a bespoke online portal for uploading sub-contractor work records and timesheets. We then take over all responsibility for liaising with HMRC regarding these sub-contractors and the reporting of payments made. This greatly reduces your monthly CIS burden as you only report the monthly payments to EEBS
EEBS: prevent HMRC from reclassifying your sub-contractors as employees reduce the risk of Employment Rights claims remove the burden of CIS admin save you time and money offer a comprehensive guarantee address the Onshore Intermediaries Act Legislation 2014 are an established, experienced and trusted CIS payroll company work with the UKs top tax advisors business model has never been [...]
Yes! If, after a status investigation HMRC were to challenge our arrangements, or if a sub-contractor were to take you to an employment tribunal whilst being supplied by us, we will manage the entire process for you, with full legal support. If we were to lose the case (and to date we have never lost […]
It is mandatory for our sub-contractors to have public liability insurance and we allow two options: Option 1) Labour-only sub-contractors may already be covered by a contingent element of your own Employers Liability Insurance. If you wish to continue with this arrangement, we will ask you to sign a declaration to this effect. Option 2) [...]
No, we are proud to say that none of our sub-contractors have ever been reclassified as employees; and none of our clients have faced fines or penalties from HMRC in relation to any of our sub-contractors. Many clients have had reviews or inspections since signing up with us where HMRC have been fully satisfied with […]
No. After consultation with HMRC and the Aspire Business Partnership we have developed the most comprehensive response to the Onshore Intermediaries regulations in the whole of the industry. This new approach provides an unparalleled level of protection to our clients, see our guarantee.
If you currently pay tradesmen through any form of intermediary (agency, payroll provider or labour only supply sub-contractor) then you need to be aware of the Onshore Intermediaries Act that was introduced in Finance Bill of 2014. What is it? This new legislation requires that all payments made to any individuals who are subject to supervision direction [...]
In our industry, as in any other industry, not all solution providers are equal. Yes it is safe provided you take advice from a reputable, audited and compliant supplier. Ideally, one who has never had their model challenged by HMRC, who use systems for the safe operation of the Intermediaries regulations written by the UK's [...]
It is generally reckoned that the additional payroll burden for employing as opposed to contracting is an increase in payroll costs of between 28 -40%. This is made up of, amongst other things: Employers National insurance costs Holiday pay Additional admin costs for dealing with PAYE and employment rights legislation New pension contributions which continue [...]
Each year the Revenue target specific industries for investigation; construction is always on this list. Now using historic online CIS returns they are able to data mine submissions in real-time looking for hallmarks of employment. These include: Sub-contractors with only one employer Sub-contractors who are paid regular amounts Sub-contractors receiving few payments for materials Sub-contractors [...]
HMRC looks at how you work with sub-contractors, and if: You use self-employed tradesmen without a written contract, You supply the majority of the materials, plant and equipment, You pay them an hourly/daily/weekly rate The sub-contractor cannot demonstrate that he can make a loss as well as a profit, or the sub-contractor cannot demonstrate that [...]
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