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Genie Umbrella stresses compliance with HMRC

Here at Genie Umbrella, we recognise the latest report from HM Revenue & Customs on offshore umbrella intermediaries brings a spectrum of concerns and worries for the recruitment industry.

The revised proposals from HMRC states that, as from April 2014, responsibility for correct Tax and National Insurance payments for workers employed offshore will fall to the recruitment agency, rather than the end user.

A significant additional cost and administration burden will be added to recruitment agencies, whose due diligence processes may need to be strengthened, as the new obligation will fall immediately and wholly on the recruitment agency.

This will also ensure that workers receive UK statutory employment benefits such as maternity pay and sick pay.

With Genie Umbrella, you can be 100% sure the correct procedures are in place to comply with the law. We are one of the limited members of FCSA, whose strict transparent and detailed code of conduct ensures that all members have no offshore element to their employment services.

The full report can be found in the link below.


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