This document discusses different payment options for workers in light of upcoming legislation changes regarding supervision, direction and control (SDC). It provides examples of three types of workers - low paid workers who will be unaffected, medium paid workers who will lose some expenses benefits, and high paid workers who are unlikely to be subject to SDC. For each type of worker, it outlines the available payment options of PAYE, umbrella or limited company. It also includes an explanation of a sample PAYE payslip to illustrate the key information it provides.
HR and Employment Law Updates October 2013QA Law HR
Do you need to know recent changes in employment law? We gave the guests at our HR seminar a brief overview of changes affecting their business. These changes include Settlement Agreements, Employee Shareholder Agreements, CRB checks becoming DBS checks, changes to collective redundancies, and the latest figures of fees and rates.
SHUKLA CHAMBERS is a boutique litigation firm based in Bilaspur, Chhattisgarh with branch offices across India. The firm has experienced lawyers who provide litigation and advisory services with a focus on successfully securing outcomes for clients. The firm handles a wide range of litigation including constitutional, arbitration, tax, mining and commercial matters. Key members of the firm include Vaibhav Shukla and Astha Shukla who have extensive experience working with prestigious law firms and corporations. The firm represents major public and private sector clients across various industries.
This document provides information from Ed Associates HR, an employment law and HR services company based in London. It introduces their free employment law compliance guide for small and medium sized businesses without in-house employment law and HR support. The guide covers key topics employers need to be aware of regarding UK employment law, such as wages, holiday pay, maternity leave, and discrimination. It also discusses challenges employers may face in balancing legal requirements with business needs. The document encourages employers to use the guide and contact Ed Associates HR for assistance with employment law and HR management.
QuestCom Consulting Services LLP is a thought leader and service provider in the field of Indirect Taxes. The company provides advisory, consultancy and litigation support services. With a mission to support the business needs of the client efficiently, in the ever changing regime of indirect taxes,
One raid of 20 stores in September 2014 revealed that payroll may have been doctored and workers were being underpaid at the majority of 7-Eleven stores. It is said that as many as 60 percent of the stores investigated in the September raid were suspected of violating Fair Work Laws. That raid was just one of three investigations over a period of six years that allegedly identified more than 80 stores that were not paying their staff enough.
Franchisees and all owners and operators of business organizations need to understand what their obligations are under both immigration and fair work laws. Just paying above minimum award rates is not enough to avoid the potential for action, including an investigation by the Fair Work Ombudsman. Owen Hodge Lawyers can provide assistance to employers in following immigration rules, documenting employee hours and benefits, fulfilling payment and record-keeping obligations, and complying with all award rules. Call us on 1800 770 780 to schedule a consultation with one of our experienced lawyers.
The document summarizes various employment-related news stories and articles from the August 2014 issue of Employment Matters magazine. Key points include:
- The Employment Appeal Tribunal ruled that compulsory retirement at age 65 can be justified in some cases.
- Employment tribunal claims have fallen 59% in the past year, which some attribute to the introduction of fees for claims.
- Sexual discrimination claims have risen to their highest rate in four years, which some believe is because there are no compensation caps for such claims.
- The Liberal Democrats plan to require companies with over 250 employees to report pay gaps between male and female workers.
- The Supreme Court ruled that job applicants do not need to disclose
This employment law update from Lander Associates provides information on recent cases and legal issues. It summarizes a case where using the nickname "Borat" for a Polish employee was found to be race discrimination. It also discusses cases related to employee accompaniment during investigations, fairness in dismissal for attending work drunk, determining employment status despite contract terms, and implications of discussing an employee's sexual orientation. Reminders are provided on the removal of default retirement ages in the UK and obligations for notifying employers of employee arrests or convictions.
We are in business of providing complete HR solutions including Recruitment,Temp Staffing, Payroll processing.
We would be glad to offer our all the above services to your esteemed organisation.
Our short corporate profile is enclosed for your ready reference.
Looking forward to have a great business relationship with you!
HR and Employment Law Updates October 2013QA Law HR
Do you need to know recent changes in employment law? We gave the guests at our HR seminar a brief overview of changes affecting their business. These changes include Settlement Agreements, Employee Shareholder Agreements, CRB checks becoming DBS checks, changes to collective redundancies, and the latest figures of fees and rates.
SHUKLA CHAMBERS is a boutique litigation firm based in Bilaspur, Chhattisgarh with branch offices across India. The firm has experienced lawyers who provide litigation and advisory services with a focus on successfully securing outcomes for clients. The firm handles a wide range of litigation including constitutional, arbitration, tax, mining and commercial matters. Key members of the firm include Vaibhav Shukla and Astha Shukla who have extensive experience working with prestigious law firms and corporations. The firm represents major public and private sector clients across various industries.
This document provides information from Ed Associates HR, an employment law and HR services company based in London. It introduces their free employment law compliance guide for small and medium sized businesses without in-house employment law and HR support. The guide covers key topics employers need to be aware of regarding UK employment law, such as wages, holiday pay, maternity leave, and discrimination. It also discusses challenges employers may face in balancing legal requirements with business needs. The document encourages employers to use the guide and contact Ed Associates HR for assistance with employment law and HR management.
QuestCom Consulting Services LLP is a thought leader and service provider in the field of Indirect Taxes. The company provides advisory, consultancy and litigation support services. With a mission to support the business needs of the client efficiently, in the ever changing regime of indirect taxes,
One raid of 20 stores in September 2014 revealed that payroll may have been doctored and workers were being underpaid at the majority of 7-Eleven stores. It is said that as many as 60 percent of the stores investigated in the September raid were suspected of violating Fair Work Laws. That raid was just one of three investigations over a period of six years that allegedly identified more than 80 stores that were not paying their staff enough.
Franchisees and all owners and operators of business organizations need to understand what their obligations are under both immigration and fair work laws. Just paying above minimum award rates is not enough to avoid the potential for action, including an investigation by the Fair Work Ombudsman. Owen Hodge Lawyers can provide assistance to employers in following immigration rules, documenting employee hours and benefits, fulfilling payment and record-keeping obligations, and complying with all award rules. Call us on 1800 770 780 to schedule a consultation with one of our experienced lawyers.
The document summarizes various employment-related news stories and articles from the August 2014 issue of Employment Matters magazine. Key points include:
- The Employment Appeal Tribunal ruled that compulsory retirement at age 65 can be justified in some cases.
- Employment tribunal claims have fallen 59% in the past year, which some attribute to the introduction of fees for claims.
- Sexual discrimination claims have risen to their highest rate in four years, which some believe is because there are no compensation caps for such claims.
- The Liberal Democrats plan to require companies with over 250 employees to report pay gaps between male and female workers.
- The Supreme Court ruled that job applicants do not need to disclose
This employment law update from Lander Associates provides information on recent cases and legal issues. It summarizes a case where using the nickname "Borat" for a Polish employee was found to be race discrimination. It also discusses cases related to employee accompaniment during investigations, fairness in dismissal for attending work drunk, determining employment status despite contract terms, and implications of discussing an employee's sexual orientation. Reminders are provided on the removal of default retirement ages in the UK and obligations for notifying employers of employee arrests or convictions.
We are in business of providing complete HR solutions including Recruitment,Temp Staffing, Payroll processing.
We would be glad to offer our all the above services to your esteemed organisation.
Our short corporate profile is enclosed for your ready reference.
Looking forward to have a great business relationship with you!
The document provides an employment law update from Lander Associates' HR division. It summarizes new guidance from Acas on managing staff during the Olympics, changes to agency worker regulations and minimum wage rates coming into effect next month. It also summarizes two court cases, one where a sick employee was entitled to carry over statutory holiday pay and one where dismissals for driving without licenses were deemed fair.
Alan Baird is complaining about a used car he purchased from Driven Car Sales in March 2015. The car developed engine problems shortly after purchase. Driven Car Sales and Nationwide, who provided financing, have not addressed Alan's requests for repairs or a refund. Alan is asking the Financial Ombudsman Service to require Driven Car Sales to make all necessary repairs or provide a full refund plus compensation for the inconvenience caused. Alan has been pursuing a resolution with the businesses since August 2015 but the matter remains unresolved.
Tom booked an overseas tour package through At Your Service Pte Ltd but cancelled the booking just 3 days before departure. The tour cancellation policy in the contract stipulates that cancellations made within a week of departure will forfeit 100% of the payment. Tom wants a full refund. Additionally, a new employee, Mary, was sexually harassed by her supervisor and resigned, suffering medical costs as a result. She is considering suing the company. At Your Service Pte Ltd is seeking legal advice on these issues and its responsibilities.
This document summarizes a seminar on the Agency Workers Regulations 2010 in the UK. It discusses the key points covered by four speakers:
1. The legal background and aims of the regulations to introduce equal treatment for temporary agency workers in terms of pay, employment conditions, and access to facilities and permanent work.
2. Recommendations for companies on reducing suppliers, reviewing policies and documentation, training managers, and communicating with agencies to ensure compliance.
3. A study finding that on average agency workers stayed in roles for 16 weeks, making over 50% affected by the new regulations and increasing costs for companies by 5% on average.
4. Insights from a recruiter on clients discussing options
HR in Pharma Networking Event - Fiona Coombe CK Group
The document discusses quality standards in recruitment in the UK. It provides information on REC, the largest trade association representing the private recruitment industry. REC members must sign a code of practice and ethics and can be subject to inspections. The document also outlines various laws regarding employment agencies, standards for recruiters, and recent regulations such as the Agency Workers Regulations.
Thought leadership interactive PDF for Croner Solutions that captures the thoughts of experts on key developments in HR, employment and health & safety. It looked look back on past and also future trends to deliver valuable insight.
time
This section discusses BHP's commitment to health and safety in the workplace. It provides resources for employees to access regarding health, safety, and employee assistance programs. It emphasizes that health and safety is everyone's responsibility. Employees are expected to comply with all health and safety requirements and plans, including being alcohol and drug free. Random testing may occur and employees must comply. Support is available for those struggling with dependency issues. Additional precautions must be taken for high risk travel destinations. Contractors and other third parties working with BHP are also expected to comply with health and safety standards.
Review of National Industrial Court of Nigeria Civil Procedure Rules Dayo Adu
Famsville Solicitors provides legal services in various areas including corporate law, real estate, tax law, employment law, intellectual property, and business immigration. It aims to provide expertly tailored legal support for each client. The firm has in-depth experience and expertise, and its focus is to become a preeminent international law firm.
The document then discusses new rules introduced by the National Industrial Court of Nigeria to improve the administration of justice. Key changes include fast-track proceedings for public interest cases, distinguishing rules for employees who die with or without a will, limiting media coverage of court proceedings, requiring pre-trial conferences, and other innovations like electronic filing and alternative dispute resolution guidelines.
The document discusses legal services for businesses at various stages from starting up to expanding. It addresses common questions around business structures, property acquisition, employment law, financing, mergers and international trade. Specialist legal support is offered on a fixed monthly fee for contracts, employment law, health and safety compliance to help businesses avoid regulatory issues and liability.
The document promotes using the hashtag #chancetowin for a chance to win a prize. It encourages participation in a social media contest by using the hashtag. In 3 words - hashtag, win, chance - it entices people to engage on social media for an opportunity to win.
Zakeya Ray has over 20 years of experience in documentation control and data management for clinical research and quality control groups. She is highly proficient in electronic document management systems and has extensive experience ensuring documentation meets FDA and ISO requirements. Ray has a background in executing document change controls and maintaining documentation libraries. She is skilled in coordinating the lifecycle of standard operating procedures, batch records, and other technical documents.
Este documento proporciona un análisis técnico de varios índices bursátiles como el IBEX 35, EuroStoxx50, S&P500 y Dax utilizando medias móviles simples de 1, 2, 5, 13, 34, 89, 200, 233 y 610 períodos. Realiza predicciones de objetivos alcistas y bajistas para cada índice en función de si mantienen o pierden determinados niveles de soporte y resistencia definidos por las medias móviles. También analiza el par euro-dólar y concluye
Graficos diario del ibex,eurostoxx,s&p,dax y eurodolar 26 08 2011Experiencia Trading
Este documento presenta un análisis técnico de varios índices bursátiles como el IBEX 35, EuroStoxx50, DAX, S&P500 y la cotización Euro-dólar. Analiza las tendencias de cada índice basándose en líneas de medias simples como soporte y resistencia. Proporciona objetivos de precios y niveles clave a vigilar dependiendo de si cada índice es capaz de recuperar ciertos niveles o no. Finalmente, explica brevemente el enfoque metodológico del an
The document promotes using the hashtag #chancetowin for a chance to win a prize. It encourages participation in a social media contest by using the hashtag. The short document focuses on getting people involved through using a specific hashtag online for an opportunity to win.
El documento resume el cierre negativo de los mercados financieros del día anterior debido a datos económicos más débiles de lo esperado en China y Europa, así como en Estados Unidos. Los inversores cerraron posiciones largas y buscaron activos de refugio como el franco suizo y el yen japonés, presionando al alza el dólar estadounidense. Los mercados bursátiles europeos cerraron con pérdidas de alrededor del 1% y el índice Ibex 35 español bajó casi un 2
El documento resume las noticias y datos económicos del día en los mercados financieros. Los inversores se centran en la deuda soberana europea y el sector bancario. Los rumores de compra de deuda por el BCE impulsaron los mercados. Los datos económicos mixtos de la Eurozona y el Reino Unido aumentaron la incertidumbre, mientras que los datos positivos de EEUU apoyaron al dólar. Los mercados cerraron de forma mixta con preocupación por la crisis de deuda europea.
Este documento é um sumário da Constituição da República Federativa do Brasil, estruturado em títulos e capítulos que descrevem os princípios fundamentais, direitos e garantias, organização do estado e poderes.
El documento resume las fluctuaciones del mercado de divisas durante el día 4 de julio. El euro subió inicialmente pero luego bajó debido a datos económicos más débiles de lo esperado en Europa y China. Los datos positivos de manufactura en EEUU hicieron subir al euro de nuevo. La agencia S&P consideró que el canje de deuda griega era un incumplimiento parcial, haciendo bajar al euro. El mercado cerró con ganancias luego de fluctuaciones durante el día.
Gráficos semanal del Ibex,Eurostoxx,S&P,Dax y Eurodolar 11 06 2011Experiencia Trading
Este documento proporciona un análisis técnico semanal de varios índices y mercados financieros como el IBEX 35, EuroStoxx50, S&P500, DAX y Euro-dólar. Utiliza medias móviles simples como líneas de soporte y resistencia para determinar las tendencias alcistas y bajistas. Proporciona objetivos de precios y niveles clave a vigilar para cada mercado en los próximos períodos. También explica brevemente los parámetros de Fibonacci y cómo se utilizan las diferentes medi
El documento resume las condiciones del mercado de divisas del 19 de septiembre de 2011. El Euro se debilitó contra el dólar estadounidense debido a datos económicos negativos de la zona euro. Sin embargo, las acciones subieron gracias a la inyección de liquidez por parte de los bancos centrales. Las negociaciones sobre Grecia continúan sin resolverse. Se espera que la Fed anuncie un nuevo programa de expansión cuantitativa la próxima semana.
The document provides an employment law update from Lander Associates' HR division. It summarizes new guidance from Acas on managing staff during the Olympics, changes to agency worker regulations and minimum wage rates coming into effect next month. It also summarizes two court cases, one where a sick employee was entitled to carry over statutory holiday pay and one where dismissals for driving without licenses were deemed fair.
Alan Baird is complaining about a used car he purchased from Driven Car Sales in March 2015. The car developed engine problems shortly after purchase. Driven Car Sales and Nationwide, who provided financing, have not addressed Alan's requests for repairs or a refund. Alan is asking the Financial Ombudsman Service to require Driven Car Sales to make all necessary repairs or provide a full refund plus compensation for the inconvenience caused. Alan has been pursuing a resolution with the businesses since August 2015 but the matter remains unresolved.
Tom booked an overseas tour package through At Your Service Pte Ltd but cancelled the booking just 3 days before departure. The tour cancellation policy in the contract stipulates that cancellations made within a week of departure will forfeit 100% of the payment. Tom wants a full refund. Additionally, a new employee, Mary, was sexually harassed by her supervisor and resigned, suffering medical costs as a result. She is considering suing the company. At Your Service Pte Ltd is seeking legal advice on these issues and its responsibilities.
This document summarizes a seminar on the Agency Workers Regulations 2010 in the UK. It discusses the key points covered by four speakers:
1. The legal background and aims of the regulations to introduce equal treatment for temporary agency workers in terms of pay, employment conditions, and access to facilities and permanent work.
2. Recommendations for companies on reducing suppliers, reviewing policies and documentation, training managers, and communicating with agencies to ensure compliance.
3. A study finding that on average agency workers stayed in roles for 16 weeks, making over 50% affected by the new regulations and increasing costs for companies by 5% on average.
4. Insights from a recruiter on clients discussing options
HR in Pharma Networking Event - Fiona Coombe CK Group
The document discusses quality standards in recruitment in the UK. It provides information on REC, the largest trade association representing the private recruitment industry. REC members must sign a code of practice and ethics and can be subject to inspections. The document also outlines various laws regarding employment agencies, standards for recruiters, and recent regulations such as the Agency Workers Regulations.
Thought leadership interactive PDF for Croner Solutions that captures the thoughts of experts on key developments in HR, employment and health & safety. It looked look back on past and also future trends to deliver valuable insight.
time
This section discusses BHP's commitment to health and safety in the workplace. It provides resources for employees to access regarding health, safety, and employee assistance programs. It emphasizes that health and safety is everyone's responsibility. Employees are expected to comply with all health and safety requirements and plans, including being alcohol and drug free. Random testing may occur and employees must comply. Support is available for those struggling with dependency issues. Additional precautions must be taken for high risk travel destinations. Contractors and other third parties working with BHP are also expected to comply with health and safety standards.
Review of National Industrial Court of Nigeria Civil Procedure Rules Dayo Adu
Famsville Solicitors provides legal services in various areas including corporate law, real estate, tax law, employment law, intellectual property, and business immigration. It aims to provide expertly tailored legal support for each client. The firm has in-depth experience and expertise, and its focus is to become a preeminent international law firm.
The document then discusses new rules introduced by the National Industrial Court of Nigeria to improve the administration of justice. Key changes include fast-track proceedings for public interest cases, distinguishing rules for employees who die with or without a will, limiting media coverage of court proceedings, requiring pre-trial conferences, and other innovations like electronic filing and alternative dispute resolution guidelines.
The document discusses legal services for businesses at various stages from starting up to expanding. It addresses common questions around business structures, property acquisition, employment law, financing, mergers and international trade. Specialist legal support is offered on a fixed monthly fee for contracts, employment law, health and safety compliance to help businesses avoid regulatory issues and liability.
The document promotes using the hashtag #chancetowin for a chance to win a prize. It encourages participation in a social media contest by using the hashtag. In 3 words - hashtag, win, chance - it entices people to engage on social media for an opportunity to win.
Zakeya Ray has over 20 years of experience in documentation control and data management for clinical research and quality control groups. She is highly proficient in electronic document management systems and has extensive experience ensuring documentation meets FDA and ISO requirements. Ray has a background in executing document change controls and maintaining documentation libraries. She is skilled in coordinating the lifecycle of standard operating procedures, batch records, and other technical documents.
Este documento proporciona un análisis técnico de varios índices bursátiles como el IBEX 35, EuroStoxx50, S&P500 y Dax utilizando medias móviles simples de 1, 2, 5, 13, 34, 89, 200, 233 y 610 períodos. Realiza predicciones de objetivos alcistas y bajistas para cada índice en función de si mantienen o pierden determinados niveles de soporte y resistencia definidos por las medias móviles. También analiza el par euro-dólar y concluye
Graficos diario del ibex,eurostoxx,s&p,dax y eurodolar 26 08 2011Experiencia Trading
Este documento presenta un análisis técnico de varios índices bursátiles como el IBEX 35, EuroStoxx50, DAX, S&P500 y la cotización Euro-dólar. Analiza las tendencias de cada índice basándose en líneas de medias simples como soporte y resistencia. Proporciona objetivos de precios y niveles clave a vigilar dependiendo de si cada índice es capaz de recuperar ciertos niveles o no. Finalmente, explica brevemente el enfoque metodológico del an
The document promotes using the hashtag #chancetowin for a chance to win a prize. It encourages participation in a social media contest by using the hashtag. The short document focuses on getting people involved through using a specific hashtag online for an opportunity to win.
El documento resume el cierre negativo de los mercados financieros del día anterior debido a datos económicos más débiles de lo esperado en China y Europa, así como en Estados Unidos. Los inversores cerraron posiciones largas y buscaron activos de refugio como el franco suizo y el yen japonés, presionando al alza el dólar estadounidense. Los mercados bursátiles europeos cerraron con pérdidas de alrededor del 1% y el índice Ibex 35 español bajó casi un 2
El documento resume las noticias y datos económicos del día en los mercados financieros. Los inversores se centran en la deuda soberana europea y el sector bancario. Los rumores de compra de deuda por el BCE impulsaron los mercados. Los datos económicos mixtos de la Eurozona y el Reino Unido aumentaron la incertidumbre, mientras que los datos positivos de EEUU apoyaron al dólar. Los mercados cerraron de forma mixta con preocupación por la crisis de deuda europea.
Este documento é um sumário da Constituição da República Federativa do Brasil, estruturado em títulos e capítulos que descrevem os princípios fundamentais, direitos e garantias, organização do estado e poderes.
El documento resume las fluctuaciones del mercado de divisas durante el día 4 de julio. El euro subió inicialmente pero luego bajó debido a datos económicos más débiles de lo esperado en Europa y China. Los datos positivos de manufactura en EEUU hicieron subir al euro de nuevo. La agencia S&P consideró que el canje de deuda griega era un incumplimiento parcial, haciendo bajar al euro. El mercado cerró con ganancias luego de fluctuaciones durante el día.
Gráficos semanal del Ibex,Eurostoxx,S&P,Dax y Eurodolar 11 06 2011Experiencia Trading
Este documento proporciona un análisis técnico semanal de varios índices y mercados financieros como el IBEX 35, EuroStoxx50, S&P500, DAX y Euro-dólar. Utiliza medias móviles simples como líneas de soporte y resistencia para determinar las tendencias alcistas y bajistas. Proporciona objetivos de precios y niveles clave a vigilar para cada mercado en los próximos períodos. También explica brevemente los parámetros de Fibonacci y cómo se utilizan las diferentes medi
El documento resume las condiciones del mercado de divisas del 19 de septiembre de 2011. El Euro se debilitó contra el dólar estadounidense debido a datos económicos negativos de la zona euro. Sin embargo, las acciones subieron gracias a la inyección de liquidez por parte de los bancos centrales. Las negociaciones sobre Grecia continúan sin resolverse. Se espera que la Fed anuncie un nuevo programa de expansión cuantitativa la próxima semana.
media canang - Media Belajar Nilai Kepemimpinan Anak Usia DiniRahma Rahmawinasa
Media pembelajaran "Canang" dirancang untuk mengembangkan nilai kepemimpinan khususnya sikap pemberani pada anak usia dini melalui bermain peran dan mengenalkan lingkungan sosial. Media ini terdiri atas alat-alat seperti kertas, spidol, lem, dan laminasi untuk membuat tokoh-tokohnya.
Pokemon Go adalah permainan realitas virtual yang memanfaatkan teknologi augmented reality untuk memungkinkan pemain menangkap, melatih, dan bertempur dengan karakter Pokemon yang muncul seolah-olah di lingkungan nyata. Permainan ini populer di kalangan anak muda dan remaja. Edmodo adalah platform pembelajaran sosial yang memungkinkan guru dan siswa berinteraksi dan berkolaborasi secara online.
Gráfico diario del Ibex, Eurostoxx, S&P, Dax y Eurodolar 14 06 2011Experiencia Trading
Este documento presenta un análisis técnico de varios índices y divisas utilizando medias móviles simples. Proporciona pronósticos a corto plazo para el IBEX 35, EuroStoxx50, DAX, S&P 500 y Euro/dólar basados en si estos activos recuperan o pierden ciertos niveles de soporte y resistencia. También explica brevemente cómo se construyen los gráficos y cómo las medias móviles pueden usarse para evaluar las tendencias del mercado.
Graficos diario del ibex,eurostoxx,s&p,dax y eurodolar 01 08 2011Experiencia Trading
Este documento proporciona un análisis técnico de varios índices bursátiles como el IBEX 35, EuroStoxx50, DAX y S&P500 utilizando medias móviles simples. Incluye predicciones de objetivos a corto y medio plazo para cada índice en función de si logran mantener o recuperar ciertos niveles clave de soporte y resistencia. También analiza la tendencia del euro frente al dólar y explica brevemente el uso de medias móviles en el análisis técnico
This document outlines how an employer can assist their employees in saving for retirement through automatic enrollment in a group pension scheme. It discusses the key duties employers have, such as identifying staging dates, setting up a qualifying pension scheme, making minimum contributions, and assessing and enrolling eligible employees. It then provides details on the services a financial firm can provide to help employers design, implement, manage and promote an appropriate pension scheme for their employees in compliance with new legislation. These services include producing reports to review options and costs, implementing the chosen scheme, providing ongoing administration support, and offering financial advice to employees.
The Employee Retention Credit (ERC) is a tax credit provided by the U.S. government to support businesses during challenging times, such as the COVID-19 pandemic. It was introduced as part of the CARES Act in 2020 and has since been expanded and extended to help businesses retain their employees.
Contractors Corner is a company that provides accounting, payroll, and tax compliance services for contractors and freelancers. It has been in business since 2007 and works with experts to ensure its solutions are robust and protect clients. It aims to provide outstanding customer service through dedicated account managers. Contractors Corner offers umbrella company payroll solutions that ensure tax compliance and maximize contractors' take-home pay. It also assists contractors operating through their own limited companies to structure their taxes efficiently while remaining compliant with regulations.
The document outlines the agenda for an event titled "The Future of Travel & Subsistence Schemes" being held at Manchester United Football Stadium. The agenda includes welcome remarks and introductions, followed by three panel presentations on the topics of the future for umbrella companies, what's on the horizon for travel and subsistence schemes, and a panel Q&A session. The event is hosted by Rullion Limited and held in partnership with Brabners LLP, Paystream, and the Recruitment & Employment Confederation.
Zenefits is a national insurance brokerage that provides benefits administration software and services to over 10,000 companies across 47 states. Their experienced advisors have expertise in various industries and states. Zenefits offers streamlined benefits renewal, enrollment, and administration through their free online software. They ensure compliance with regulations like ACA at no additional cost. Zenefits provides a full-service platform to help companies manage all their HR, benefits, and compliance needs in one integrated system.
Final salary pension transfer the pension review servicePhil Smith
This document discusses the benefits and risks of transferring out of a final salary pension scheme. It notes that changes to pension and inheritance tax rules in 2014 made transfers more viable. The benefits listed include more flexible withdrawals, control over funds, ability to pass funds to heirs. However, there are also risks like the transfer value possibly being too low, no going back once transferred, investment risks. It stresses the importance of seeking independent financial advice due to the complexity involved in such decisions.
This document summarizes key information about auto enrolment requirements in the UK. It discusses the Pensions Regulator getting tougher with enforcement, including issuing escalating fines from £50-£10,000 per day for noncompliance. It also highlights that over 70 items must be addressed before, at, and after an employer's staging date for auto enrolment. Finally, it promotes Johnson Fleming's managed and supported auto enrolment services to help employers meet their legal obligations.
This document provides guidance on workplace pension requirements and auto-enrollment for businesses. It outlines key deadlines and responsibilities employers must comply with, including assessing employees and enrolling eligible staff in a qualifying pension scheme. Employers are advised to seek help from payroll providers or financial advisors to understand their obligations and ensure they meet all regulatory requirements on time to avoid penalties from the Pensions Regulator.
Pension advice - National Employer Savings Trusthawting
Bright Thinking provides financial planning advice to individuals and companies. They offer services including investment advice, pension planning, employee benefits, and mortgage and protection advice. Their approach focuses on providing clear, concise, impartial advice tailored to each client's long-term needs. Their service includes an initial consultation, review and recommendations, implementation, and ongoing reviews. They can also help employers with auto-enrollment requirements under new pension regulations.
This document provides summaries of key tax and business issues in the UK, including updates on COVID-19 support measures. It discusses the Coronavirus Job Retention Scheme, how to make best use of it, rebates for statutory sick pay, delays to IR35 private sector reforms until 2021, and changes to National Insurance contribution limits and thresholds for 2020/21 that may reduce payments for many. It advises seeking professional tax advice during this challenging time and offers contact information for an accounting firm to help navigate tax issues.
This document provides summaries of key government support programs and tax changes in response to the COVID-19 pandemic. It discusses the Coronavirus Job Retention Scheme, self-employment income support, business loan schemes, deferred tax payments, commercial rent protections, and changes to national insurance contributions. The advisor expresses their availability to help navigate these changing policies and offers reassurance during this difficult time.
The document discusses pregnancy discrimination and rights for pregnant employees. It explains that treating a woman unfavorably due to pregnancy is a form of sex discrimination. It outlines rights like requiring employers to conduct risk assessments, providing paid time off for medical appointments, and ensuring the right to return to the same or similar job after maternity leave. The document provides guidance to Adecco staff on complying with these rights and laws to avoid discrimination claims.
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Exchequer-Solutions-SDC-Explained_v3
1. solutions
Discover the right solution for you
CIS
UMBRELLA
PAYE
FREELANCE
Understanding Supervision,
Direction and Control (SDC)
LIMITED
2. “We have been working with Exchequer Solutions for the last 2 years and we have found
their customer services for both ourselves and our candidates to be of a very high level.
Queries and requests are dealt with quickly and efficiently with an ‘always happy to help’
attitude. They are able to offer our candidates an affordable service without lowering
standards and we look forward to continual work with them.” Amanda
It’s all about SDC
From April 2016
all agencies will
have to assess their
workforce before
deciding which
routes they will make
available to them.
In an ever changing
landscape we are here
to help you make the
correct decision and have a
compliant option available
for every circumstance.
From April 2016 legislation
will require agencies to
consider the Supervision,
Direction and Control (SDC)
status of their workforce
as to the manner in which
services are provided – in
essence this will mean
considering whether it is
intended that the end client
is supposed to (or has the
right to) tell the operatives
HOW to complete their
work, or whether it is
intended that the operatives
have the skills and
experience to know HOW to
complete their work.
“We have been working with Exchequer Solutions for the last 2 years and we have found
their customer services for both ourselves and our candidates to be of a very high level.
Queries and requests are dealt with quickly and efficiently with an ‘always happy to help’
attitude. They are able to offer our candidates an affordable service without lowering
standards and we look forward to continual work with them.” Amanda
This assessment, together with the contractual terms that are put in
place, are the key element of the decision making process, we urge
you to assess your workforce as soon as possible and to continue
doing so on an on-going basis. If you need assistance we’re happy to help and
can enlist the help of our Tax Advisors if required.
Where SDC is in place then access to expenses is restricted and CIS is not available,
where SDC is not in place then all options are available. It is vital that SDC is
considered in conjunction with your end clients as the T’s and C’s will have to reflect
the intentions of all parties.
Once the workforce has been assessed it’s a case of offering the appropriate options
to the relevant workers. For some this may well mean a negative change in their take
home pay, for others they may take the opportunity to incorporate or work on a
self-employed basis and actually benefit from the change.
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
3. Low paid workers.
John is currently earning £8.55 an hour, he found his role through a recruitment agency
and is currently being paid PAYE through Exchequer. John won’t really feel the impact of
the changes to travel and subsistence as he hasn’t been earning enough to benefit from
claiming expenses. For John and other individuals in his situation (generally workers on
£9.15 an hour or less) no action is needed. They can continue to be paid PAYE or umbrella
by Exchequer and will still benefit from our excellent customer service and we will
continue to take responsibility for ensuring compliance and the administrative burden of
RTW, pension, pay calculations, employer’s liability etc.
Medium pay.
Sarah has been working for £11.75 on a temporary assignment. She is managed while
carrying out her day to day tasks so is subject to supervision, direction and control (as are
the majority of workers in this pay bracket, £9.15-£11.75 per hour). Unfortunately she will
feel the impact of the changes as she will no longer be able to claim expenses for the cost
of travelling to her current temporary assignment or for her lunches.
Broadly speaking we’re
finding most workforces being
assessed roughly as follows;
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
For workers like Sarah there is no reason to make any changes, they can still be engaged
on the Exchequer Umbrella or PAYE arrangement but with very limited expenses. Sarah
will still have access to some expenses as it is only travel and subsistence that is being
restricted under the new legislation. Exchequer can take on all employer liabilities, RTW
checks, pension processes and offer the worker the status of an employee.
As we will have less work to do in terms of expenses we’re happy to discuss discounted
margins for workers like Sarah where appropriate.
High Pay (£11.75 and above).
Simon is a skilled tradesman and usually works for an hourly rate of £18. Whilst skilled
tradespeople and those on a higher hourly rate are more likely to manage their own work,
their pay rate alone does not confirm a lack of SDC.
Simon is not subject to supervision, direction or control and as such can continue to
work as an umbrella employee and claim expenses for travel and subsistence just as he
has done previously. Someone like Simon might also want to consider setting up as a
limited company to benefit from further tax efficiencies. For others who work within the
construction sector and can demonstrate a lack of SDC, CIS is also a valid option.
4. T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Even if it is felt that SDC applies then a
PSC may well still be a viable option for
the contractor as this requires a slightly
different test, IR35 – again we can help
via our Chartered Accountancy division.
We can support you and your workers whatever
their situation, we have created a suite of
options so there is a suitable route for everyone.
We aim to make life easier and simpler for our
recruitment clients by being in a position to
offer our services to all your workers.
The benefits for recruiters
• We are fully compliant with all the latest
legislation
• One point of contact but a range of options for
your workers
• Minimal disruption – we will take care of
advising your workers, ensuring they are on a
scheme that suits them
• Extensive experience of working with
contractors
• Peace of mind that our sister company
Exchequer Accountancy are Chartered
Accountants
Is the worker subject to Supervision,
Direction or Control?
When considering Supervision, Direction or Control (SDC) you are required to determine
whether the operative being placed is subject to (or the right to) Direction, Control or
Supervision as to the manner in which they provide their services.
In essence this means considering HOW they provide their services.
If they can be told HOW to do their work then they must have PAYE and NI administered
when they are paid and cannot claim T&S expenses, if not then they can legitimately be
engaged on a self-employed basis or via‘Umbrella’with full access to expenses.
Identifying if workers are subject to SDC enables you to discover what payment routes
are available.
Umbrella:
PAYE:
CIS:
Not subject to SDCSubject to SDC
Umbrella:
Limited:
If a worker is considered to be to subject
to SDC, the following routes are available.
If the worker is not subject to SDC then the
following routes are available.
a worker who is
subject to SDC can still be registered as an
umbrella employee but cannot claim tax
for travel & subsistence.
ideal for your lower paid
workers. Register your workers on our PAYE
scheme and we will take care of paying
them every week. They will always be paid
NMW or NLW plus holiday pay (this can be
rolled up or retained, but will always be
paid out in full). We will also pay ERNI
to HMRC.
If the worker is in the
construction sector.
an umbrella
employee who is not subject to SDC can
still claim tax for travel & subsistence.
for workers with a rate
above £12 an hour this is often the most
tax efficient approach - Also an option for
these where there is SDC as there is a
different test when working as a Ltd
Co contractor.
5. T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Umbrella: A worker who is
subject to SDC can still be registered as
an umbrella employee but cannot claim
tax relief for travel and subsistence.
An umbrella employee who is not subject
to SDC doesn’t need to do anything.
They can continue on an umbrella
scheme and will still be able to claim tax
for travel and subsistence. They can also
consider CIS or PSC if they wish and if
appropriate.
CIS: CIS is a viable option
for construction workers who can
demonstrate that they are not subject to
supervision, direction and control.
CIS can be a tax efficient approach for
people who work in the construction
sector and meet all the relevant criteria.
If you are dealing with workers who are
self-employed, work on contracts and
decide how and when their work is carried
out and aren’t supervised then this may be
the route for them.
If you are concerned about CIS rest
assured we will ensure each individual
meets the criteria before registering
them. We can also offer agencies CIS
insurance which should give you peace
of mind.
The routes available
PAYE:This is our straight forward
solution for paying your lower paid
workers. You can fix your labour costs at
just £8.89 an hour for those who are 25
and over (£8.25 for workers under 25) and
let us do the rest.
We employ the workers and take on
all of the administrative costs, such as
registration, payroll, payslip posting, and
bank charges and RTI.
We will pay the workers national living
wage (or national minimum wage for
under 25s) plus holiday pay (this can be
rolled up or retained, but will always be
paid out in full). We will also pay ERNI to
HMRC.
After we’ve done this, a small amount of
money will be left which we will retain as
our margin.
* We have a variety of margin calculations available based upon volume, complexity etc
Limited: Setting up a Limited
company is often the most tax efficient
approach for workers with a pay rate
of above £12 an hour and provides
the contractor with complete control
over their own affairs. It also offers
agencies a risk free route as the burden
of compliance on the contractor
themselves. Again contractual terms are
important and we can help if required.
Our sister company Exchequer
Accountancy Solutions are chartered
accountants specialising in accountancy
services for contractors working
through Ltd companies. They can help
contractors with everything from guiding
them through the initial process of
incorporating a company to supporting
them in the ongoing administration and
accounts for their business.
Over the next few pages we help to explain what to expect from your
payslip for each of the routes available.
6. Your PAYE payslip explained
There is quite a lot of essential information on a payslip.
Here’s how your payslips will look and an overview of what is included.
Continues overleaf ...
solutions
Company Name1
Payroll no.
The unique number which
identifies you.
2
Agency
The number which identifies
your recruitment agency.
3
Salary paid
Your salary payment this week. You
are taxed on this amount plus any
Holiday Pay Paid.
4
Holiday payment
Your holiday pay is subject to Tax
and National Insurance.
5
PAYMENTSDEDUCTIONS
Gross pay for tax
The amount subject to tax and NI
deductions.
6
Tax deducted
The amount you have paid in tax
this week to HMRC.
7
Year to date
In the YTD column you can see the
total amount you have paid in tax
and National Insurance so far this
tax year.
9
Date
The date your pay was processed.
10
Net Pay
The amount of money you take
home after any deductions.
11
Payment Breakdown
A) Total income to the company
The amount paid to Exchequer
Solutions by your agency.
B) Employer NI paid to HMRC
Employer NI contribution paid to
HMRC.
C) Margin
The amount we retain as a margin.
D) Total available for salary
This is the amount payable to you
via salary and holiday pay.
12
solutionssolutionssolutions
9
10 11
1 2 3
4
5
6
7
12
XX123456X
8
NI contribution
The amount you have paid in
National insurance this week.
8
1000L/Week 1
Your PAYE payslip explained
There is quite a lot of essential information on a payslip.
Here’s how your payslips will look and an overview of what is included.
Continues overleaf ...
solutions
Company Name1
Payroll no.
The unique number which
identifies you.
2
Agency
The number which identifies
your recruitment agency.
3
Salary paid
Your salary payment this week. You
are taxed on this amount plus any
Holiday Pay Paid.
4
Holiday payment
Your holiday pay is subject to Tax
and National Insurance.
5
PAYMENTSDEDUCTIONS
Gross pay for tax
The amount subject to tax and NI
deductions.
6
Tax deducted
The amount you have paid in tax
this week to HMRC.
7
Year to date
In the YTD column you can see the
total amount you have paid in tax
and National Insurance so far this
tax year.
9
Date
The date your pay was processed.
10
Net Pay
The amount of money you take
home after any deductions.
11
Payment Breakdown
A) Total income to the company
The amount paid to Exchequer
Solutions by your agency.
B) Employer NI paid to HMRC
Employer NI contribution paid to
HMRC.
C) Margin
The amount we retain as a margin.
D) Total available for salary
This is the amount payable to you
via salary and holiday pay.
12
solutionssolutions
9
10 11
1 2 3
4
5
6
7
12
XX123456X
8
NI contribution
The amount you have paid in
National insurance this week.
8
1000L/Week 1
Your PAYE payslip explained
There is quite a lot of essential information on a payslip.
Here’s how your payslip will look and an overview of what is included.
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Your PAYE payslip explained
There is quite a lot of essential information on a payslip.
Here’s how your payslips will look and an overview of what is included.
Continues overleaf ...
solutions
Company Name1
Payroll no.
The unique number which
identifies you.
2
Agency
The number which identifies
your recruitment agency.
3
Salary paid
Your salary payment this week. You
are taxed on this amount plus any
Holiday Pay Paid.
4
Holiday payment
Your holiday pay is subject to Tax
and National Insurance.
5
PAYMENTSDEDUCTIONS
Gross pay for tax
The amount subject to tax and NI
deductions.
6
Tax deducted
The amount you have paid in tax
this week to HMRC.
7
Year to date
In the YTD column you can see the
total amount you have paid in tax
and National Insurance so far this
tax year.
9
Date
The date your pay was processed.
10
Net Pay
The amount of money you take
home after any deductions.
11
Payment Breakdown
A) Total income to the company
The amount paid to Exchequer
Solutions by your agency.
B) Employer NI paid to HMRC
Employer NI contribution paid to
HMRC.
C) Margin
The amount we retain as a margin.
D) Total available for salary
This is the amount payable to you
via salary and holiday pay.
12
solutionssolutions
9
10 11
1 2 3
4
5
6
7
12
XX123456X
8
NI contribution
The amount you have paid in
National insurance this week.
8
1000L/Week 1
Your PAYE payslip explained
continued...
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk
Exchequer SolutionsLimited, 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Timesheet Analysis
This shows the breakdown we
receive from the agency.
Units = the number of hours
Price = the hourly rate
Value = the total
13
Expenses C/F
The amount of expenses claimed
(year to date) that you will be able to
claim tax relief on at the end of the
financial year.
14
solutions
9
10 11
1 2 3
4
5
6
7
12
XX123456X
8
1000L/Week 1
13
14
7. Your payslip explained
There is quite a lot of essential information on a payslip.
Here’s how your payslips will look and an overview of what is included.
Continues overleaf ...
solutions
Company Name1
Payroll no.
The unique number which
identifies you.
2
Agency
The number which identifies
your recruitment agency.
3
Salary paid
Your salary payment this week. You
are taxed on this amount plus any
Holiday Pay Paid.
4
Expenses paid
The expenses you have claimed this
week (your expenses aren’t subject
to Tax or National Insurance.)
5
Holiday payment
Your holiday pay is subject to Tax
and National Insurance.
6
PAYMENTSDEDUCTIONS
Gross pay for tax
The amount subject to tax and NI
deductions.
7
Tax deducted
The amount you have paid in tax
this week to HMRC.
8
Year to date
In the YTD column you can see the
total amount you have paid in tax
and National Insurance so far this
tax year.
10
Date
The date your pay was processed.
11
Net Pay
The amount of money you take
home after any deductions.
12
Payment Breakdown
A) Total income to the company
The amount paid to Exchequer
Solutions by your agency.
B) Employer NI paid to HMRC
Employer NI contribution paid to
HMRC.
C) Margin
The amount we retain as a margin.
D) Total available for salary
This is the amount payable to you
via salary and expenses.
13
solutionssolutionssolutions
10
11 12
1 2 3
4
5
6
7
8
13
XX123456X
9
NI contribution
The amount you have paid in
National insurance this week.
9
1000L/Week 1
Your Umbrella payslip explained
There is quite a lot of essential information on a payslip.
Here’s how your payslip will look and an overview of what is included.
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk
Exchequer SolutionsLimited, 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Timesheet Analysis
This shows the breakdown we
receive from the agency.
Units = the number of hours
Price = the hourly rate
Value = the total
14
Expenses Analysis
A breakdown, by type, of the expenses
we have processed for you this week.
15
Expenses C/F
The amount of expenses carried
forward after we have reached the
legal limit that we can process.
16
TIMESHEET ANALYSIS
Ref Rate Type ValuePriceUnits
Standard Hourly Rate 12.0046.00 552.0033254
552.00Total paid this period
EXPENSES ANALYSIS
0.00Expenses b/f
Allowable expenses analysis
Miles 99.0008/06/201424052
Expenses C/F 0.00
99.00Total Expenses Paid
14
15
16
Your Umbrella payslip explained
continued...
8. Your Limited calculation
There is quite a lot of essential information on a payslip.
Here’s how your payslip will look and an overview of what is included.
Exchequer Accountancy Services Ltd
1st Floor, The Exchange
1 St John Street
Chester
CH1 1DA
Telephone: 033 3323 119
Name:
Company name:
Weekending date:
MONEY IN
Total Amount Of Invoices Raised Inc VAT
Net Total Of Invoices Raised
Total Amount Of VAT
Personal Expenses
Business Expenses
Salary
Total
Operating Profit Including Flat Rate Benefit
Corporate Tax
PAYE
1,080.00
900.00
180.00
200.00
29.08
204.00
433.08
490.32
Money Available to Draw (Salary + Expenses + Dividends)
788.26
Money OutMONEY OUT
Money OutWHAT’S LEFT?
Money OutWHAT DOES MY COMPANY OWE?
TOTAL AMOUNT OF TAX
How much does my company still owe Me?
Expenses
Salary
Total
98.06
4.00
102.06
200.00
200.00
400.00
Total cash in the company1
Hours / days worked x rate2
VAT @ 20%3
Personal expenses4
Accountancy fee5
Salary6
Total of above money out7
Money left before tax8
Tax due9
NI contribution10
Total tax due11
Money company owes
director
12
Total money available13
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Still unsure
on how this
affects take
home pay?
Check out our
helpful take
home pay
comparison
chart on the
next page.
9. Financial Comparison Chart
All examples based on
a 40 hour week
These calculations include
our standard margin
These calculations include
our standard margin
These calculations
include 50% of our
standard magin
Hourly Rate
Umbrella with £75
expenses
Umbrella no
expenses
Umbrella no expenses
with reduced margin
Take Home Pay Take Home Pay Take Home Pay
£9.00 £282.76 £275.00 £280.94
£9.50 £302.76 £287.07 £293.01
£10.00 £322.76 £298.93 £304.87
£10.50 £341.00 £310.80 £316.94
£11.00 £353.07 £322.87 £328.80
£11.50 £364.94 £334.74 £340.86
£12.00 £377.01 £346.80 £352.73
£12.50 £388.07 £358.67 £364.59
£13.00 £400.94 £370.73 £376.67
£13.50 £412.80 £382.60 £388.53
£14.00 £424.67 £394.46 £400.60
£14.50 £436.73 £406.53 £412.46
£15.00 £448.59 £418.39 £424.53
£15.50 £460.66 £430.45 £436.39
£16.00 £472.52 £442.33 £448.26
£16.50 £484.40 £454.39 £460.32
£17.00 £496.46 £466.23 £472.19
£17.50 £508.33 £478.12 £484.26
£18.00 £520.39 £490.19 £496.13
£18.50 £532.26 £502.05 £508.19
£19.00 £544.32 £514.12 £520.05
£19.50 £556.19 £525.98 £531.92
£20.00 £568.05 £538.05 £543.98
Umbrella with £75
expenses
Easy admin for worker. Increased Net Pay. Pension, liability, admin etc with Exchequer.
Has to be a lack of SDC.
Umbrella no expenses
Easy admin for worker. One employer. Exchequer has all liability for employment rights
etc and all admin burden.
Not as financially attractive as Umbrella with expenses.
Umbrella no expenses
with reduced margin
Easy admin for worker. One employer. Exchequer has all liability for employment rights
etc and all admin burden.
Not as financially attractive as Umbrella with expenses.
These calculations
include our
standard margin
Includes FRS VAT
(14.5%) and our top
package @ £105
per month.
Includes FRS VAT (14.5%)
and our top package @
£105 per month.
Assumes the
agencies cost of sale
will remain the same.
These calculations
include 50% of our
standard magin
CIS PSC inside of IR35 PSC Outside of IR35 Agency PAYE Cost to Agency
Take Home Pay Take Home Pay Take Home Pay Take Home Pay Cost to Agency
£272.80 £275.77 £320.02 £287.38 £360.00
£288.80 £292.84 £336.44 £299.62 £380.00
£304.80 £300.32 £352.86 £311.35 £400.00
£320.80 £312.59 £369.27 £323.44 £420.00
£336.80 £324.65 £385.69 £335.68 £440.00
£352.80 £336.92 £402.10 £347.22 £460.00
£368.80 £349.19 £418.52 £359.73 £480.00
£384.80 £361.46 £434.94 £371.19 £500.00
£400.80 £373.73 £451.35 £383.28 £520.00
£416.80 £385.99 £467.77 £395.17 £540.00
£432.80 £398.26 £484.18 £407.06 £560.00
£448.80 £410.53 £500.60 £419.14 £580.00
£464.80 £422.79 £517.02 £431.03 £600.00
£480.80 £435.07 £533.43 £443.12 £620.00
£496.80 £447.34 £549.85 £454.66 £640.00
£512.80 £459.60 £566.26 £466.74 £660.00
£528.80 £471.87 £582.68 £478.63 £680.00
£544.80 £484.13 £599.10 £490.72 £700.00
£560.80 £496.40 £615.51 £502.61 £720.00
£576.80 £508.68 £631.93 £514.48 £740.00
£592.80 £520.94 £648.34 £526.55 £760.00
£608.80 £533.21 £664.76 £538.41 £780.00
£624.0 £545.48 £681.18 £550.48 £7800.00
CIS
Easy admin for worker. Increased Net Pay. No AWR issues etc. Popular with
contractors.
Has to be a lack of SDC.
PSC inside of IR35
Contractor has PSC vehicle for non IR35 contracts. No risk to Agency.
Financially neutral.
PSC Outside of IR35
Best Net Pay position. Contractor has more choices. Can contract with agencies or
clients. No risk for agencies.
Suitable for genuine contractors. Potential admin burden for agencies in receiving
multiple invoices.
Agency PAYE
Low net pay. Liability or RTW checks, pension, AWR, advances and administration
with the agency. Worker may have an Umbrella co. already.
T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280 Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
10. T 0844 846 5007 E info@exchequersolutions.co.uk W www.exchequersolutions.co.uk Text 07537 415 280
Exchequer Solutions Limited 1st Floor, The Exchange, 1 St John Street, Chester CH1 1DA
Account Management
Tel: 01244 563 134
job@exchequersolutions.co.uk
Sales
Tel: 01244 563 132
keith@exchequersolutions.co.uk
CIS
Tel: 01244 563 131
amanda@exchequersolutions.co.uk
PAYE
Tel: 01244 563 130
sophie@exchequersolutions.co.uk
Customer Service
Tel: 01244 500 195
job@exchequersolutions.co.uk
Limited – Exchequer
Accountancy Services
Tel: 033 3323 1199
info@exchequeraccountancy.co.uk
Get in touch to find out how we can help.
We want to minimise confusion and help our recruitment partners, hopefully saving
you time and hassle! We’re happy to speak to contractors and discuss their individual
circumstances with them directly. Do feel free to pass on our details to any of your
colleagues or workers who have questions or need advice.