An aggressive tax avoidance scheme used by temp recruitment agencies is depriving the taxpayer of “hundreds of millions” of pounds a year, a Guardian investigation has found.
A number of agencies have been making large windfalls by using “contrived” financial arrangements to ■■■■■ their employer’s national insurance bills.
Wow, they took their sweet time getting round to this story.
Needs ending immediately and agencies offering 1 hourly rate not 2 depending on if you join the umbrella.
Not the agencies making the windfall. It’s their blue chip customers like the supermarket players not having to pay the going rates. They’ve gained the most
OVLOV JAY:
Not the agencies making the windfall. It’s their blue chip customers like the supermarket players not having to pay the going rates. They’ve gained the most
Watch the video. The agencies certainly are making a pretty penny out of this. Even more so when they also own the Umbrella company they steer you on to.
OVLOV JAY:
Not the agencies making the windfall.
It is. They’re saving around 15% on their wage bill.
It’s about time agency adverts said things like “£■■.■■ day rate £yy.yy night rate £zz.zz weekend rate.”
Too many of them just have this clearly “undefined” wording like:-
“TOP rates of pay” Oh yeh? - Such as?
or
“Competitive rates” Wot’s that then? What am I comparing it too? You pay more than Stobarts? - Big deal!
or possibly worst of all…
£500 pw including overtime, weekend premium, night out tax free allowance, and uniform claimback.
It’s high time that “Lying” itself were banned in advertising. It’s banned in a bloody courtroom ffs - so why not on official public announcements made in print as well?
Conor:
OVLOV JAY:
Not the agencies making the windfall.It is. They’re saving around 15% on their wage bill.
I’ll grant you that, but I’d say the smaller independent ones are probably using these schemes to stay competitive with the big boys. The larger chains obviously do better as in the volumes they supply, but I stand by my point that ultimately the customer gets the biggest benefit by saving probably £3 per hour x a thousand temp workers a week
I know quite a few firms in my area paying staff through this system and they are there permenant.
Sooner it’s stopped the better.
Most of those that like the flexibility of these schemes seem to forget that one day they’ll need to save for unemployment and a pension or I suppose they’ll expect the state (us) to support them. End such tosh now or we’ll all pay for it in the future.
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