The VAT concession for medical workers has caused confusion amongst recruitment agencies. With a majority of medical and healthcare contractors now working in the public sector via an umbrella company, recruitment agencies have found themselves facing invoices including VAT. Our article will explain the VAT concession so that your recruitment agency is fully prepared.
The NHS is facing a critical staffing crisis in 2017, with the number of unfilled postings for positions such as doctors, nurses and midwives on the rise. This has led to a £100 million recruitment windfall for recruitment agencies to fill these positions.
Since the off-payroll rules for intermediaries in the public sector came into effect on 6 April 2017, there seems to have been a mass exodus of contractors and temporary workers from the public sector. IT and technology have suffered in particular, with government projects reportedly facing delays.
Are you a client of Churchill Knight Umbrella, or looking for an umbrella payroll service? If so, here’s another great reason to choose Churchill Knight Umbrella.
If your recruitment agency is not prepared for the new laws coming into effect in September 2017, you should be seriously concerned. The consequences for non-compliance include unlimited fines and custodial sentences. Partnering with Churchill Knight will help your recruitment agency remain compliant with HMRC legislation and can ensure your consultants operate effectively and within the law moving forward.