Facing up to Tax - Navigating the Changing Recruitment Environment

When: Monday 23 November 2015

Facing up to Tax - Navigating the Changing Recruitment Environment

When: Monday 23 November 2015

Time: 5:30pm for a 6:00pm start
Finishing at 7:30pm, with drinks and canapés to follow

Where: Mishcon de Reya
Africa House, 70 Kingsway, London, WC2B 6AH
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This seminar will guide you through the key tax issues currently facing the recruitment sector and provide an overview of what to expect in the coming year.

Commercial and Regulatory expert Bridget Wood and Tax expert Kassim Meghjee will discuss the impact of the following developments on the recruitment sector:

  • HMRC Reporting Requirements

Since August 2015, employment intermediaries such as recruitment businesses have been required to file a return each quarter with details of workers they pay outside PAYE.  We will look at the current status, what recruitment businesses should have done and what they need to do going forwards to comply with these reporting requirements. 

  • Removal of Travel and Subsistence Tax Relief

HMRC is consulting on proposals to remove home-to-work travel and subsistence tax relief for workers who are engaged through an employment intermediary (such as a recruitment business, an umbrella company or a personal service company) supplying personal services and the manner in which they provide the services is subject to supervision, direction or control.  It is anticipated that the changes will be implemented in April 2016.  What are the implications of the proposed changes for the recruitment sector?

  • Changes to IR35

In the 2015 Summer Budget, the government announced that HMRC would start a dialogue with businesses on how to improve the effectiveness of the intermediaries legislation commonly known as IR35.  HMRC is exploring options to make the legislation more effective in protecting the Exchequer and level the playing field between direct employees and those who work in a similar manner but through their own limited companies.  We aim to discuss the implications of the potential options, including the proposal that the end user client should assess whether the services provided are within IR35 and, if so, make tax and NICs deductions.