Orange Genie News

The reform of off payroll working in the Public sector left many contractors in a situation where some of their contracts will be outside, and some inside IR35. This leaves them with a dilemma, the attraction of operating through a Limited company maximises if the contract is Outside IR35 and contractors can take advantage of a dividend income.

A preferred supplier list, or PSL, is a list of pre-vetted suppliers that you as a recruiter work with. By using a PSL:

Recently, Orange Genie Umbrella have spoken to a number of nursing agencies who did not expect to pay VAT on our invoices. This is because the supply of nurses by agencies is usually covered by the Nursing Agencies Concession, and VAT is not usually due. These agencies have, quite reasonably, assumed that the concession would still apply when their nurses are employed by umbrella companies.

Back in early July, we reported that Mike Gibson, a contractor who instigated a crowd-funded legal challenge to the Public sector reform of IR35, had exceeded his target of £10,500 in donations. At the time Mr. Gibson was about to instruct tax barrister Michael Paulin to begin research into possible grounds for challenging the IR35 reforms.

It now seems that this research is not going all Mr. Gibson’s way. Addressing campaign donors, Mr Gibson admitted that the chances of success look “increasingly dubious” as “every possible angle has already been looked into by many others”.

Orange Genie are proud to announce their business partnership with the Recruitment & Employment Confederation (REC) – the professional body for UK recruitment businesses.

Orange Genie provide specialist accountancy, umbrella employment and self-employed/CIS solutions for UK contractors, as well as offering expert compliance advice and training to their agency partners. They are the only contractor support company to be accredited by both FCSA and Professional Passport and they have a well-deserved reputation for excellent service and compliance expertise.

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