Welcome to ET4B News and blog posts

Posted by David on May 29, 2013
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Happy Christmas 2021 from ET4B

Posted by David on December 13, 2021
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We hope you are well and looking forward to having some time off to spend with family and friends at the festive celebration.

This is just a quick note from all at ET4B to wish all the very best to you and yours for Christmas and the New Year.

Over the coming few days things may go a bit quiet at work, or you may be permitted some small distraction. If so, the PDF link below contains

ET4Bs-Christmas-Quiz-2021_including_answers.pdf

If you prefer to see the questions, without the answers, click here.

As usual all the questions in the quiz are either Christmas themed, or take a look back at some of the topical events in the last 12 months.

You wil be pleased to hear there are no Covid or tax-related questions in there (well not too many anyway) – even ET4B takes a break sometimes.

Should you need an extra double helping of corn to accompany your Christmas lunch, our earlier ET4B-Top-10-Christmas-jokes and ET4B-Top-10-Christmas-Cracker-Jokes.pdf can be downloaded (the TV companies all rely on repeats at Christmas, so why shouldn’t we!).

Wishing you the very best from all at ET4B.

Merry Christmas 2020 from ET4B

Posted by David on December 14, 2020
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Brian and Dave at ET4B would like to wish you all the very best to you and yours for Christmas 2020 and the New Year.

With typical British understatement, we have to surmise that 2020 did not turn out quite as we had all wished! We must hope, in the words of D:Ream’s 1994 No 1 hit that Things can only get better. So here’s hoping for many better things in 2021.

In the meantime, we have attached our annual Christmas Quiz (with answers) which may help provide some amusement over the festive period.

As usual the quiz contains just a few harmless festive questions on general knowledge & popular culture, as well as recalling a few of the events of 2020 (mostly non Covid-related you’ll be pleased to hear).

If we don’t speak to you beforehand, please accept our very best wishes for the Christmas season.

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Happy Christmas 2019 from ET4B

Posted by David on December 20, 2019
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ET4B hopes you are looking forward to spending some time off with friends and family, following the time-honoured tradition of abstinence and moderation over the festive break. Well maybe not, but Brian and Dave at ET4B would still like to wish you all the very best to you and yours for Christmas 2019 and the New Year.

In the meantime, we have attached our annual Christmas Quiz, which may help you decide whether you are feeling sharp as a carving knife, or more like a Christmas pudding?

You can view and print off ET4Bs Christmas Quiz 2019_WITH ANSWERS here, or if you prefer to see just the QUESTIONS ONLY click here..

Either way, hopefully this makes a change from our more typical updates on IR35 or National Minimum Wage.

As usual the quiz contains just a few harmless festive questions on general knowledge & popular culture, as well as recalling some of the events of 2019.

If we don’t speak to you beforehand, please accept our very best  wishes for the Christmas season.

Brian and Dave

Planned IR35 changes confirmed in 2018 Budget

Posted by David on October 30, 2018
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Earlier in 2018 the government consulted on whether to alter the so called ‘IR35 rules, in effect whether to transfer the IR35 obligations from the hired Personal Service Company (PSC) to the hirer of the service.

These extended rules were first introduced in April 2017, though at that time the changes applied only to hirers in the Public Sector. However the latest Budget 2018 documentation confirms that the new rules will be extended to the Private Sector, from April 2020.

Make no mistake this is a very significant switch in responsibility. Whilst the latest information suggests that the precise nature of the changes will themselves be subject to consultation (including perhaps exclusion of ‘small businesses’ from applying the new rules), at this stage it is fair to assume the new Private Sector obligations will mirror the Public Sector equivalent. This will mean:

  • The body hiring the PSC and worker has to make a decision whether the particular contract is ‘caught’ within IR35. In short, the hirer must decide would the worker be their employee if the PSC had not been used. Employment status is of course a very complex employment case law test, which requires a full understanding of how the contract will operate practically (simply agreeing robust written terms will not be enough in itself).
  • If the contract is caught, the body paying the PSC must deduct and account for PAYE and NIC before it pays the PSC. If the hirer pays though an intermediary agency or employment business etc., the hirer must inform the intermediary agency of the PAYE/NIC obligation.
  • Apart from the extra cost to the hirer (e.g. the employer’s NIC cost) the practicalities of deducting PAYE/NIC at the same time as paying a limited company, which may have other obligations e.g. VAT payment, may mean that specialist software is needed.

What can be done?

We admit there is unlikely to be a ‘one size fits all’ solution that we can dust off the shelf. However the announced timescale and promised HMRC guidance should ensure that, with very careful planning and a flexible approach, any increases in outgoings can be managed.

Please contact ET4B if you would like to discuss this further.

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Termination payments: new rules and obligations

Posted by David on April 30, 2018
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From April 2018 basic Pay in Lieu of Notice (PILON) is now subject to payroll tax and NIC in full. For many employers there was previously been little or no need to identify what is and isn’t PILON when making a severance payment.

The additional processes requires identification of the date notice was effectively served, the employee’s contractual or statutory notice period (whichever is higher), and any unworked notice (defined in statute as “post-employment notice period), in order to identify any PILON outstanding upon termination.
In addition Foreign Service Relief was also abolished from April 2018.

The proposed charging of Class 1A (employer’s) NIC on other sums over £30,000 has been delayed to April 2019  Overall we are told the changes are intended to bring some ‘fairness and clarity’ to a complex area! However the previous pretences of ‘simplification’ and tax neutrality have been dropped from the latest guidance; in practice each of the new measures will only increase the Treasury’s tax/NIC take, as well as the employer’s costs and responsibilities.