Main Areas Of Compliance
Any contractor that has been regularly contracting knows the dreaded term “IR35”. Understanding the impact of IR35 is important for an Umbrella company as it has ramifications not just for the contractor, but for the Umbrella and Agency too.
Agency Worker Regulations (AWR)
The AWR was brought in to effect on the 1st October 2011 with the intention of giving contractors the same work and employment conditions as if they were working for the direct client (rather than through an agency). The most important part of the legislation states "If you are an 'agency worker' you have a right after 12 weeks service with a client to equal pay and equal working hours, rest breaks and holiday provisions, and the right to paid time off for ante-natal appointments, that a 'comparable' permanent employee of your client receives (full details in Appendix 2".
Offshore Employment Intermediaries Legislation
HMRC have started to investigate various scheme that attempt to avoid tax using offshore intermediaries. We purposefully work to ensure we do not and will not ever engage with Offshore Employment Intermediaries.