Page 2 - Not Always Umbrella

industry Industry Changes There is no doubt that 6th April 2020 will bring big changes to the recruitment industry. Agencies & End hirers will have to navigate a legal minefield of IR35, AWR, Key Information Documents and more in order to remain compliant. One wrong move and you could end up paying compensation and being named & shamed. However, through adversity comes opportunity. But what are your options? changes IR35 Employment Status Determination Test (or role assessment) Inside of IR35 An alternative payroll solution Outside of IR35 Continue working through your PSC 01 Version 1.0 2020 PSC paid directly by the fee payer with PAYE taxes deducted Be employed by the agency or hirer and get paid through a traditional PAYE service The most favoured route, outsource to a traditional umbrella company Explore the PEO model. Full PAYE with increased savings and benefits over an umbrella