[HMT’s David] Gauke didn’t pull any surprises out of the bag,” says ex-tax official Carolyn Walsh. “[But] a one or two-month cap…may still be a possibility if, that is; it wasn't a ruse.”
Nevertheless, from April 6th 2016, legislation will*prohibit tax relief on Travel and Subsistence expenses for umbrella and PSC workers*under ‘Supervision, Direction or Control.’
Due to net the exchequer a projected £505million between 2015 and 2020, the T&S legislation will affect 430,000 people a year, who are employed via umbrellas or agencies.
It will apply*automatically, meaning contractors will be ‘SDC’ unless shown otherwise because the government claims, “this [SDC] is how an individual carries out their duties.”
Picked this up today from Contractor News and am confused by the reference to the 430000 people per year employed via umbrellas or agencies....does this mean the only way for it not to apply is either by going direct to Client Co or by explicitly having client and agency state you are not under S D or C or they risk shared.liability? Given how few of us contract direct to client Co isn't this bad news????
Nevertheless, from April 6th 2016, legislation will*prohibit tax relief on Travel and Subsistence expenses for umbrella and PSC workers*under ‘Supervision, Direction or Control.’
Due to net the exchequer a projected £505million between 2015 and 2020, the T&S legislation will affect 430,000 people a year, who are employed via umbrellas or agencies.
It will apply*automatically, meaning contractors will be ‘SDC’ unless shown otherwise because the government claims, “this [SDC] is how an individual carries out their duties.”
Picked this up today from Contractor News and am confused by the reference to the 430000 people per year employed via umbrellas or agencies....does this mean the only way for it not to apply is either by going direct to Client Co or by explicitly having client and agency state you are not under S D or C or they risk shared.liability? Given how few of us contract direct to client Co isn't this bad news????
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