So, just received new contract which has this clause:
I agree that at all times I shall comply with the Income Tax (Earnings and Pensions) Act 2003 (ITEPA) and Social Security Contributions and Benefits Act 1992 (SSCBA) and all other statutes and regulations relating to income tax and National Insurance Contributions. I agree that the Client may, at any time during the term of this Contract, request the Supplier to provide information which demonstrates how I comply with the above Acts or provide appropriate evidence why I consider that the legislation does not apply to my circumstances. I acknowledge that the Client may instruct (agency) to terminate my assignment if I fail after ten (10) working days’ notice from the Client’s request, to either provide adequate information to the Client in response to the request, or to demonstrate why the legislation does not apply to my circumstances,. I further agree that the Client may supply to HMRC, any information which it receives from me or the Supplier concerning my tax affairs for the purpose of the collection and management of revenue.
Not seen this before, so what's it all about & is it a major issue?
I agree that at all times I shall comply with the Income Tax (Earnings and Pensions) Act 2003 (ITEPA) and Social Security Contributions and Benefits Act 1992 (SSCBA) and all other statutes and regulations relating to income tax and National Insurance Contributions. I agree that the Client may, at any time during the term of this Contract, request the Supplier to provide information which demonstrates how I comply with the above Acts or provide appropriate evidence why I consider that the legislation does not apply to my circumstances. I acknowledge that the Client may instruct (agency) to terminate my assignment if I fail after ten (10) working days’ notice from the Client’s request, to either provide adequate information to the Client in response to the request, or to demonstrate why the legislation does not apply to my circumstances,. I further agree that the Client may supply to HMRC, any information which it receives from me or the Supplier concerning my tax affairs for the purpose of the collection and management of revenue.
Not seen this before, so what's it all about & is it a major issue?
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