Changes for Employers following the Autumn 2018 Budget

Changes for Employers following the Autumn 2018 Budget

This Autumn's budget has seen the UK Government introduce changes which will have a significant impact on employers who will now have a larger responsibility to determine the correct tax status for their staff. Since April 2017, it has only been public sector employers who have been charged with the responsibility of identifying who should be treated as employees for the purposes of income tax and national insurance contributions. Now, however, this obligation will also fall upon medium and large scale private employers. No longer should private employers assume they are protected because they are using self-employed contractors engaged through intermediary companies. If these employers do not get things right they will be left carrying the can for the income tax and national insurance contributions which should have been paid to HMRC. Financial penalties are also likely to follow. Significantly, this change will not be introduced…
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