We at Brookson support the new umbrella regulations introduced in the recent Autumn Budget, as highlighted by the Freelancer & Contractor Services Association (FCSA). This is a pivotal move towards fostering a fairer and more transparent temporary labour market. We believe these regulations will help to enhance accountability, protect workers, and promote compliance practices. We are committed to working closely with the FCSA and our agency partners to advance best practices, strengthen compliance efforts, and build trust within the umbrella sector. Together, we can create a brighter future for all. #FCSA #UmbrellaRegulations #Compliance #TempLabourMarket #FairWork
FCSA Welcomes New Umbrella Regulations in Autumn Budget We are excited to share that the UK government’s decision to introduce new umbrella regulations marks a transformative step towards a fairer and more transparent temporary labour market. Here are key takeaways from the new regulations: 🔸 Enhanced Accountability: Recruitment agencies will now be responsible for ensuring PAYE compliance when working with umbrella companies, helping to reduce tax avoidance. 🔸 Leveling the Playing Field: This shift aims to strengthen protections for workers and create a more equitable environment for compliant businesses. 🔸 Combating Bad Actors: By requiring rigorous due diligence checks, these regulations will help eliminate unethical companies and protect workers from surprise tax liabilities. 🔸 Supportive Tools: FCSA’s VeriPaye and Diligence Hub are here to assist agencies and umbrellas in navigating these changes and maintaining compliance. 🔸 Commitment to Compliance: FCSA is dedicated to advocating for ongoing improvements in industry standards and safeguarding the rights of workers. FCSA is ready to support agencies, umbrellas, and workers in building a brighter, more compliant future Read the full article here. https://lnkd.in/eF3SSRa8 #FCSA #UmbrellaRegulations #Compliance #TempLabourMarket #FairWork