Agents spill the beans to HMRC

beans

From 5th July 2015, Recruitment Agents operating as intermediaries between a worker and end client, will be required to provide HMRC with comprehensive details of contract payments, names and tax details where PAYE has not been operated.

This is another clear signal that HMRC mean business when it comes to disguised employment. With penalties up to 100% of the tax due, and enquiry windows going back many years, it is essential you understand what factors determine your employment status under each contract.

If you’re a contractor, contact us today to make sure you are not caught by HMRC and IR35.

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