RACS's fintech parent company People Group Services ("People") is delighted to announce that it has been awarded a place on the ESPO MSTAR3 Framework for Managed Services Provision to the public sector.
RACS have introduced a new system to check identity and right to work for all contractors registering for umbrella payroll.
Over recent months RACS have been in talks with People Group Services, a forward thinking payroll, compliance and technology provider within the recruitment industry.
In a recent IR35 forum tax officers have confirmed that to publish best-practice guidelines for umbrella companies would be ineffective.
It looks like Her Majesty's Treasury are set to extend off payroll rules to the private sector, but when this will happen is the question on everyone's lips. Although it is looking increasingly likely to be 2019 if past experiences are anything to go by.