Furlough Scheme Extended

On 5 November 2020, the Chancellor announced that the Coronavirus Job Retention Scheme will now run until 31 March 2021. He has also stated that further guidance will be given on the 10th November 2020. Payments Pro will support its workers by continuing to support the Job Retention Scheme until the time that HMRC brings […]

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The Fallout From Contractor Loan Schemes

Like nuclear fallout, the contractor loan schemes that were offered in the past still continue to have an affect on those that used them. We have posted about these loan schemes in the past warning contractors about the use of these as well as the grey area caused by name changes and workarounds used to […]

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Off-Payroll Reforms: UPDATE

As stated yesterday there has been some confusion, and to a certain extent, worry regarding the proposed changes to IR35 that will be implemented next April. The section and change in question raised the possibility of an agency being defined as the intermediary and therefore being responsible for any contributions that a contractor would be […]

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Off-Payroll Reforms & Umbrella Payroll

Recently it has come to light that part of the IR35 reform that is due to come into play next April will cause problems for both umbrella payroll services and agencies. The legislation as it currently stands has caused some confusion regarding the definition of ‘intermediaries’ and the resulting impact on who is and isn’t […]

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Amendment 20 & IR35

The IR35 reform that was postponed  until April 2021 due to the ongoing COVID-19 situation is still on track despite continued lobbying from those that oppose it. Since the announcement that IR35 was going to be rolled out to the private sector, many have been against it citing that the industry wasn’t ready and needed […]

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The Future of Furloughing

As the smallest entity across industry supply chains, contractors have been among the hardest hit by the Covid 19 lockdown.  For many contractors, the Coronavirus Job Retention Scheme (CJRS) has been an essential and valuable necessity when many of their staple contracts and placements have had to be postponed or cancelled. When a contractor is […]

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Coronavirus Update

In light of the current situation regarding COVID-19, we would like to reassure all contractors and all of our clients that our business will continue as normal.  Our system and support network is completely cloud-based so we will be able to continue to work even if we are instructed to work from home. We will […]

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Why do contractors still fall for loan schemes?

Considering the amount of coverage in the news regarding the the loan charge situation it still amazes me that companies are still offering these dubious workarounds. Loan charges are illegal and should be obvious by their amazing return on a wage yet people are still being fooled. In the latest recent news six alleged promoters […]

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