Agent asking for NI number before next payment

[SueEllen]

Yep and they will also know which agencies are working with which umbrella companies and how much gross is being paid by agencies to PSC's and brollies and how much net the contractor is ending up with. Ergo, they will know how much is being paid in tax. This is an example of HMRC doing joined up thinking

So will they finally be able to find out contractors who are working through dissolved companies?

Mmm let me think.....

[eek]

So lets say me n the missus run the company do they want both our NI numbers?

I'm planning to give them both....

[SpontaneousOrder]

But they should know this anyway based on companies PAYE submissions etc.

Or not? probably an area for your expertise and not mine!

Only if the contractor is doing his PAYE properly, and his accounting reports are honest.

[FatLazyContractor]

Only if the contractor is doing his/her PAYE properly, and his/her accounting reports are honest.

FTFY.

You are playing with fire, aren't you?

[LisaContractorUmbrella]

But they should know this anyway based on companies PAYE submissions etc.

Or not? probably an area for your expertise and not mine!

Yes net pay and tax/NIC's are submitted through RTI but what was missing until now was the link between the gross received i.e. what the agency paid the contractor and the net pay

[SpontaneousOrder]

FTFY.

You are playing with fire, aren't you?

I did he/she in a different post earlier today. But I'm happy to grant honorary manhood to anyone who feels left out - for the sake of brevity.

[Gibbon]

Yep and they will also know which agencies are working with which umbrella companies and how much gross is being paid by agencies to PSC's and brollies and how much net the contractor is ending up with. Ergo, they will know how much is being paid in tax. This is an example of HMRC doing joined up thinking

But only at the year end surely, my PAYE is structured to be back end heavy and in fact at one time I only paid it at the year end.

[BlasterBates]

So will they finally be able to find out contractors who are working through dissolved companies?

Mmm let me think.....

What they will have are some potential juicy targets of lots of contractors all working at the same client.

Think 10 "green" contractors sitting on a wall.

Not saying this will happen but now they're not face with 1 million PSC's all in different areas doing different things, they have a "juicy agency" with contractors working more or less under the same conditions at the same client.

Big "juicy" targets. The potential is there.

[Whorty]

What I don't understand is why contractors who find a role via an agency is any different from one who finds a role direct with a client. These rules will highlight the first, but not find the second.

For a country that should be encouraging growth, and as such encouraging companies to run capital projects, it runs the risk of doing the exact opposite. Short term greed by HMRC to meet 'targets', but threatening long term tax revenue.

[eek]

What I don't understand is why contractors who find a role via an agency is any different from one who finds a role direct with a client. These rules will highlight the first, but not find the second.

For a country that should be encouraging growth, and as such encouraging companies to run capital projects, it runs the risk of doing the exact opposite. Short term greed by HMRC to meet 'targets', but threatening long term tax revenue.

I've already said this multiple times and I'll say it again. We are merely a benefit / collateral damage. This is targeted at agencies who use whatever tricks they can find to avoid paying minimum wage / employers ni.....