As your PAYE umbrella payroll company, Scott Merrick Contractor Consulting act as an ‘employer’ on behalf of its contractor employees. A contract is signed between SMCC, the Umbrella Payroll London company, and recruitment agency or hiring company on behalf of the contractor who will be carrying out the assignment.
Acting as the Umbrella Payroll London company, SMCC, provide a payroll service to its employees, processes all timesheets and invoices, and pays its employees a salary after allowing for deductions, expenses and fees. Consultants and contractors can reclaim the cost of any legitimate business expenses depending on whether or not your contract is deemed to be under the ‘Supervision, Direction and Control’ (SDC) of your client. If your contract work is caught by the SDC rules, you cannot reclaim the costs of travel and subsistence.
Scott Merrick Contractor Consulting (SMCC) works as an off payroll IR35 specialist with companies throughout London and the UK. We have a wealth of experience gained from years of providing contract staffing and payroll services to companies who regularly hire specialist contractors and consultants. As an off payroll IR35 specialist we provide a protective link between hiring companies and contractors.
Many self-employed contractors use personal service companies (PSCs) to supply their services to their clients or hiring companies, saving tax and national insurance which is why HMRC introduced IR35 as a way of combatting the risk that PSCs and other intermediaries posed to the tax base. In essence this asks whether that contractor should be regarded as an employee of the hiring company engaging them. Off payroll PSC contractors, freelancers and consultants are not on the company PAYE payroll as they are brought in on a contract basis. If you are PSC contractor, hired by a company to work on an hourly, daily or contract basis because the hiring company does not have your skill set or expertise inhouse, you may be engaged as a specialist to bring them up to speed. If you are a hiring company looking to take on off payroll contractors, SMCC can guide you through the mine field of HMRC rules and regulations.
SMCC can act as your off payroll IR35 specialist whether you are a contractor or hiring company looking at the most tax efficient way of hiring a contractor. We can manage off payroll consultants and save hiring companies money and time by providing off payroll IR35 specialist services, taking care of all matters relating to engaging and paying contractors. As your off payroll IR35 specialist we bring in key PSC contractors quickly and efficiently while providing hiring companies the security and peace of mind needed in line with the latest government, HMRC, and industry guidelines regarding relationships with off payroll IR35 contractors.
Umbrella Payroll London
Determining off payroll IR35 employment is not always clear cut and it is often necessary to seek specialist advice. Although there is no obligation to use the government’s new online tool (the CEST) for this purpose, the advantage of doing so is that HMRC will be bound by the output of the service, unless it has been obtained fraudulently.
As your off payroll IR35 specialist, SMCC can step in to resolve problems or tensions. As your off payroll IR35 specialist, we manage any concerns regarding hiring skilled PSC consultants on a contract basis. We work with in-house teams to achieve minimum disruption, streamline payments and invoicing to retain key contractors. If you need an off payroll IR35 specialist contact SMCC by calling 01277 211151 or by email.
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