When choosing an invoice finance provider there are several things to consider. One of the key elements to think about is back office software provided by the financier. If it is provided, what does it do?
Most of those working within the recruitment industry, their contractors and public sector bodies will most likely be aware of the changes in IR35 that are upon us in April. For those unfamiliar, HMRC is pushing the responsibility of assessing the work practices of a limited company onto the public sector body in order to decide whether IR35 applies. The agency should be informed and if the limited company is deemed inside IR35, the agency should apply appropriate PAYE.