The primary purpose of umbrella employment is to combine the security and benefits of full employment with the freedom of contracting. Umbrella employment also works for the compliant recruitment agency as the outsourcing of employment also provides the effective management of risks (commercial, financial, legislative and employment).
The ill-informed Mr Mirza fails to acknowledge that the PEO model is umbrella employment, albeit extended in the US to include temporary and permanent employees.
Clearly as the Government is slowly closing the tax avoidance schemes and loopholes used by some promoters, they are being driven to re-badge and re-market their services.
My answers
The primary purpose of umbrella employment is to combine the security and benefits of full employment with the freedom of contracting. Umbrella employment also works for the compliant recruitment agency as the outsourcing of employment also provides the effective management of risks (commercial, financial, legislative and employment).
The ill-informed Mr Mirza fails to acknowledge that the PEO model is umbrella employment, albeit extended in the US to include temporary and permanent employees.
Clearly as the Government is slowly closing the tax avoidance schemes and loopholes used by some promoters, they are being driven to re-badge and re-market their services.