PAYE & IR35
Getting the payroll right for your business may be the most important thing you can do to keep the workforce happy. So why not outsource it to us to get it right?
Oxford Tax Solutions will ensure that your payroll services are set up and managed efficiently, ensuring compliance with legal requirements such as RTI legislation.
Our online self-service provides a web/mobile based dashboard for employees and employers to log in and access their payroll data. Employees will be able to:
- Browse and download their history of payslips and other payroll documents.
- View their payroll calendar, including annual leave, sick leave and parenting leave.
- Request annual leave directly from Self Service.
- View the personal details you currently hold for them, and request to make updates.
Employees can access Self Service from any computer (PC or Mac), tablet (e.g. iPad), or smartphone (e.g. iPhone, Android).
As an employer you can not only give your employees access to Self Service, but you can also access to your own employer dashboard, allowing you to:
- Access the data for each of your employees, including the ability to set annual leave on the calendar and make updates to employee information.
- View the employer-wide payroll calendar.
- View payroll reports.
- View the schedule of HMRC payments, outstanding amounts, and access the P30 for each tax period.
Employment Status & IR35
Getting employment status wrong is one of the most expensive tax mistakes
The question as to whether someone is employed or self employed is not as straightforward as it might at first appear. Many people assume they are free to choose, but this is not the case.
Although there is no clear-cut answer as to how you decide if you are self-employed or not, the following should be on your checklist
Fundamental factors to consider:
- The right to get a substitute or helper to do the job;
- Mutuality of obligations.
Other factors to consider:
- Provision of equipment;
- Financial Risk;
- Basis of Payment
- Opportunity to profit from sound management;
- Part and parcel of the organisation;
- Right of dismissal;
- Employee benefits;
- Intention of the parties;
- Length of engagement.
These are often matters of general employment law, and not specific tax legislation. There is an enormous amount of Case Law in this area and HMRC are not always right. HMRC do not have the final say on whether somebody is self-employed or not. We can argue your case and take it before the Tax Commissioners for you.
The cost if you get it wrong is enormous. Not only is there the question of employees and employers national insurance, being classified as an employee also gives rise to all sorts of employment rights such as holiday pay, maternity pay, unfair dismissal etc. The decision has to be made by the employer and if you get it wrong it is going to be very hard to recover the back tax, interest, penalties etc from the worker.
We can review your existing arrangements and give you our opinion on whether it will stand up to attack from the Taxman. We can help advise on contracts for services to assist you and advise on how you can maximise your chances.
Although there is no clear-cut answer as to how you decide if you are self-employed or not, there are checks that may be done, including online status checkers that can guide you in the right direction.