Danbro Urges Rail Contractors To Act Ahead Of Measures To Tackle False Self-Employment
Leading contractor accountancy and payroll firm Danbro is urging rail contractors to prepare for the impact of the Government’s draft legislation to tackle ‘false self-employment’.
At present intermediaries are used by companies to save paying National Insurance and other employment-related costs such as holiday pay, sick pay, redundancy and pension contributions and deducting PAYE tax.
The proposed change to legislation is designed to ensure that people engaged by or through an intermediary will receive the same benefits as someone who is engaged directly by the employer.
Danbro managing director Damian Broughton urged contractors operating in the rail sector to think about switching to a compliant umbrella scheme or limited company ahead of the changes.
“Those using a compliant umbrella or limited company solution will not be affected by implementation of the new legislation in any of its proposed forms. While the structures are quite simply the best way to protect yourself, they will also help contractors to maximise take home pay.
Danbro currently employs more than 140 staff and works with more than 450 partner recruitment branches across the UK.
Damian adds: “We are keen to encourage rail contractors to contact us if they are concerned about the impact of any upcoming legislation as we are confident that our expert personal service will save you time and money.”