Simplify Umbrella's PAYE solution passes Audit
Simplify Business is proud to announce that we have recently been audited by Shorterm (Specialist Recruitment Agency for Engineers) and following a positive result we are now one of their Preferred Umbrella Providers.
Simplify’s PAYE Umbrella service has been found to be at or above Shorterm’s standards within the following categories:
Demonstration of on-going payments to HMRC
Safe and secure collection of confidential data
Correct calculation of tax and NI
Compliant off-setting of expenses against HMRC guidelines
The audit looked at our internal processes and procedures to ensure that we are offering value for money to Shorterm’s contractors.
Our Managing Director, Emma Hainsworth said that “Simplify are very pleased to be working with Shorterm as we feel they are a Recruitment Agency which share our values of professionalism and excellent service to their clients. “
Other News
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Read more » Retrospective tax nightmare for Contractors using Offshore TrustsA recent High Court ruling, Huiton v HMRC [2010], could spell financial ruin for those who have used Offshore Trusts in the past.
An Offshore Trust is an arrangement where a Contractor becomes a trustee of an Offshore Company, and gains the income they are due in the form of a trust, typically based in the Isle of Man and takes advantage of the Double Taxation Agreement between the UK and IOM so that income tax is not due on the trust in the UK.
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