Lisa Keeble, one of the founding members of All Umbrella Companies are Equal commented; “The legislation which surrounds both the recruitment and umbrella sectors is complicated and ever-changing and therefore specialist knowledge is required to guarantee compliance. However, after extensive talks with members it would seem that many have been presented with contracts that are purported to be over-arching when, in reality, they are far from that. This leaves the umbrella company, through no fault of their own, at risk of investigation and possible prosecution from HMRC. The complications arise as a result of the framework required for this type of business crossing boundaries between tax, employment and contract law. Without extensive knowledge on all legal and financial aspects, it becomes easy for companies to become confused.”
Members who carry the ‘Straight Talking’ logo are all working together towards unifying practices within the industry and, only three months on, changes are already being made to contracts, an on-going practice which aims to ultimately deliver uniformity and compliance across the whole sector.
The members of All Umbrella Companies Are Equal will have their first meeting later this month, where there will be the opportunity to discuss the charter and some of the suggested additions. The group will also consider how the companies can work together to help raise the profile of the industry.
The meeting will be hosted at Blake Lapthorn’s offices in St John’s Lane, London EC1M 4DB on the 26th June.