It’s estimated that over 90% of recruitment agencies in Northern Ireland now use an umbrella company for at least part of their temp workforce, simply to stay competitive. However, as this information isn’t always volunteered to the end user, you may not even be aware that some or your entire temp workforce is actually engaged through such an arrangement.
With the implementation of the recent changes, there has been a lot of activity within the umbrella sector offering ‘alternative’ products. Whilst these products and services may be fully compliant in accordance with current legislation, we would advise anyone ‘receiving gifts from Greek gods’ that if it seems ‘too good to be true’, it might well be. In our analysis, although the end-hirer and agency may benefit, the worker may lose out vs. PAYE. Therefore, the implications of pursuing such an option should be considered very carefully.
The team in Grafton are experts in managing the transition of temporary workers, with dedicated HR, Quality and Compliance functions within our organisation. Grafton have taken great pride in our high ethical standards and track record of legal and tax compliance. With our experience, Grafton are ideal to consult and answer your queries in this complex area.
Should you have anything you would like to discuss further about this legislative change or the services that Grafton can provide, please contact Pete Feldman (Managing Director) at firstname.lastname@example.org or Claire Dooher (Regional Director) at email@example.com.