I have been speaking to Capita about this for a couple of weeks, needless to say their responses are not exactly helpful.
Firstly they told me if I stayed at the PS organisation they would deduct 25% as a "secondary jobs tax rate" which clearly doesn't exist.
Someone else then told me they would deduct the equivalent of basic rate tax and NI from the day rate and the remainder would go to my Ltd company. Fine I said but asked how they will present the money they deducted to HMRC? As I do not work for Capita directly how can they pay HMRC tax on my behalf? Also if my Ltd company still receives money but minus the amount Capita deducted it would require a new contract would it not, also my company would still have to then pay corporation tax on the income still.
They response back was well come and work for us directly or use an umbrella.
Anyone else had any form of "clarification" ?