Agency Info
Umbrella Regulation: The potential cost of non-compliance
Following on from the conclusion of the “tackling non-compliance in the umbrella company market” consultation, the sector now awaits the final legislation, rumoured to be arriving in summer 2025 and effective from April 2026. Although there is still uncertainty as to what measures the final legislation will include, what is clear is that the responsibility for Pay As You Earn (‘PAYE’) and National Insurance (‘NIC’) liability will move to the agency closest to the client in the supply chain, and where there is no agency, that liability will sit with the client themselves.
Thu 13th Feb, 2025 | Tony Hodkinson