The flowchart below indicates the essential points an engager should consider in establishing the employment status position for tax and national insurance contributions (NIC) purposes when directly engaging an individual.
Getting status correct is important - getting it wrong can be expensive.
If you would like to check if your processes will stand up to HMRC scrutiny, get in touch with us on 020 8515 2975 or email [email protected] and talk to our expert team.
The content of this article is for guidance only and shall not constitute advice. Please seek independent advice or contact The Guild for information about its services.
As a highly-respected sub-contractor and intermediary in the contractual chain, The Guild strategically places itself between its clients and sub-contractors. We provide the accounting profession and our clients with the peace of mind that comes with knowing that the procurement of self-employed talent is handled in the most efficient and...