This blog looks at the growth of artificial intelligence and how the technology can benefit employers that are looking to boost their diversity, equality and inclusion efforts
From umbrella company and limited company services, find a compliant method of engagement that is right for you and your circumstances.
An umbrella PAYE solution allows you to stop worrying about managing your finances or keeping an eye on modern tax legislation changes. We provide you with all the support you need to give you peace of mind and make your life significantly easier.
This solution is the least complex way for contractors to be paid, as unlike managing contracting work yourself, we directly employ contractors carrying out short-term contract assignments and make the associated Pay As You Earn (PAYE) and National Insurance contributions on your behalf, guaranteeing you receive no unexpected tax bills.Whether you’re operating on a role deemed inside IR35 or you simply don’t want the hassle of having to independent manage your own tax affairs through working as self-employed or via your own Limited Company then this is the solution for you.
A limited company is the most effective form of self-employment, in an Outside IR35 scenario, and offers you and your business a sense of credibility. Operating via a limited company provides a greater degree of tax efficiency and allows contractors to maximise their take-home pay.
One of the main benefits of operating this way is the financial protection provided as you won’t personally be liable for any losses your company makes and you are only responsible for the money you have invested. Forming a limited company is a simple process and is something our trusted partners and suppliers can support you with.
The IR35 rules apply only to a “relevant engagement”, or a contract in which the individual contractor is providing their services via a limited company to a client and, without that intermediary company, their income would have been treated like that received by a standard employee.The IR35 legislation intends that all of the money paid to the intermediary for their relevant engagement (apart from a number of specified deductions) should be subject to class 1 National Insurance contributions and Schedule E income tax, excluding many business-related expenses and dividend payments.
As a result of legislative changes introduced by HMRC from April 2017, for contractors working wholly within the public sector, the client or agency will determine your IR35 status. This essentially means that the decision is taken out of contractors’ hands.Discover IR35
CIS solution is designed for self-employed sole traders operating under the CIS scheme. To ensure necessary compliance requirements are met with regards to self-employment legislation the umbrella company, such as IConsult, will conduct a thorough Supervision, Direction and Control (SDC) assessment for you based on your assignment so Murray have confidence that all income is subject to the correct tax regime. We can help contractors to register for the CIS scheme with HMRC, process gross payments and ensure that the correct deductions are being made at source based on your individual UTR status.
If you meet the requirements of the roles set out under the CIS scheme by HMRC and are eligible to work down this route on your assignment with the end-hirer then this is the solution for you enabling you to increase your NET income retention.
Statement of Work
A statement of work is a document and binding agreement that describes the terms and conditions for the execution of a projects scope of work. Here is an overview of the steps to consider and follow within an SoW:
- Create an introduction and project brief for the work
- Define the purpose of the project
- Define the project scope
- Create a structure to identify tasks, milestones and deliverables
- Define project requirements and acceptance criteria
- Define payment terms and conditions
I always felt like Chris was working hard to ensure that my requirements were being met as well as the clients!
Chris approached me for an engineering role that was well aligned with my experience and was prompt in replying to all of my questions. Everything was discussed on the phone and then followed up by email to confirm everything in a professional manner. I always felt like Chris was working hard to ensure that my requirements were being met as well as the client and he has always been available to help with any queries that I have had
Feedback was provided after each part of the recruitment process which was invaluable.
Adam Cave was extremely helpful and really listened to what I was looking for in my next role. Adam was able to gauge my needs and wants in an initial introductory conversation to see if I was a fit for the roles he was currently recruiting for and was nothing but honest rather than simply putting me through the process for multiple roles. Feedback was provided after each part of the recruitment process which was invaluable. I would highly recommend using Murray McIntosh to any of my friends and colleagues if they are looking for their next role!
Understood my needs in the market
Chris Nelson was really good and helpful understood my needs in the market very responsive to emails and calls, detailed with the EMPLOYER very good communicator. Recommended.
My experience from start to finish was totally professional. Their attention to every little detail of the interview process was a comfort. Highly recommended. Thanks again. 5 stars!
It's by far the best agency I have worked with!
I was very recently out of employment from my last job, I uploaded a CV that I'd updated for future job opportunities. Within 2 hours I got a call from a guy called Chris who thought my CV was very suitable for one of his clients.
We had an interesting & productive chat about the vacancy itself, and he arranged an interview for me the next day.
After the interview it was clear that myself & the company were in unison with what they needed and required. But obviously you never know how well you have done until you hear back, as no company offers you a placement on the spot.
Chris called me back a couple of hours after the interview to see what I thought and how it went. I told him I was really keen on my side, so he said he'd call the company & see what they thought. Then he called back and said they would like to offer me employment.
I can't recommend Murray McIntosh enough. I'm convinced they will only offer you an interview if they think you are suitable. It's by far the best agency I have worked with, and I've only known of them for 2 days!
This blog looks at the most in-demand mechanical engineering skills in the UK, what factors are driving the need for skills and how market trends could shift focus in the coming months.
This JCB case study is a testament to how Engineering by Murray recruitment supported JCB in delivering the first hydrogen motor in the industry.