On Friday 22nd July, Cloud9 Umbrella and K&B Accountancy Group were pleased to be part of the ‘Brave New World’ seminar organised by PRISM, one of our affiliates. Focusing on existing and future legislation changes that will affect the recruitment industry, the session offered guidance and insight for all those who attended.
The day was split into two parts, with the morning session aimed towards intermediaries and providers. The afternoon was focused towards recruitment agencies. The event featured a variety of speakers from across the industry including HMRC, CBI and Bauer and Cottrell.
The industry has already felt the wrath of major changes, especially the travel and subsistence legislation this tax year. There are likely to be more in the near future, with the proposed Off-payroll legislation in April 2017 and the expected IR35 reform. PRISM spoke openly and passionately about the demands for all those involved within the supply of temporary labour.
It was fantastic to hear our associates Bauer and Cottrell speaking in the afternoon about the importance of the IR35 review. HMRC’s attention on the Off-payroll – working in the public sector went down a storm in both sessions as the focus on public sector workers will impact both providers and end clients. Crawford Temple, CEO of PRISM talked fervently about the achievements of the professional trading body to date and the future plans of a Strategic Review within the sector. Both Cloud9 Umbrella and K&B Accountancy Group are looking forward to being involved.
If you would like any further information regarding the solutions Cloud9 Umbrella and K&B Accountancy Group offer, please do not hesitate to get in contact. We are offering free consultations with one of our industry experts to all contractors and agencies and we would be delighted to help you!
To get in contact with K&B Accountancy Group, please call 020 7078 0211, or send us your enquiry here.