Giant group responds to budget announcement re travel and subsistence consultation Thursday 19 March 2015 PDF Print As part of his budget announcement The Chancellor, George Osborne has today announced an HMRC consultation around possible restrictions on travel and subsistence expenses for umbrella and PSC workers who are under the supervision direction and control of the hirer. A separate BIS (Department of Business, Skill and Innovation) consultation was also announced to ensure that employment intermediaries provide workers with greater transparency on how they are employed and how and what they are being paid. Matthew Brown, managing director of giant group commented on the consultation. “We welcome HMRC’s consultation which ultimately levels the playing field for employment providers stopping the abuse by a small minority of suppliers of low paid workers where tax relief is used to lower their employment costs. As a fully compliant umbrella organisation we recognise the need for this type of legislation whilst also understanding that the Government must not adversely affect the UK’s professional flexible workforce which chooses to operate through an umbrella. The UK flexible workforce is extremely important to a range of industries and contributes directly to UK annual GDP growth.” “We also welcome the BIS consultation which ensures that there is full clarity and transparency for workers who are engaged via intermediaries in terms of how their pay is made up. As a fully compliant FCSA member we abide by a strict code of conduct which already includes being fully transparent in terms of workers’ engagement and pay. Note to editors Since 1992, giant has developed and delivered groundbreaking workforce management solutions to the recruitment market: • award-winning giant umbrella is the professional umbrella employer of choice for temporary workers, freelancers and contractors. Independently voted Best Umbrella employer five times by readers of Contractor UK. • giant precision is a suite of global back-office solutions designed to enhance your company’s performance. Through web-based services, giant precision spans HR contract management, timesheet management, payroll, billing and payroll disaster recovery. For more information, visit www.giantgroup.com or www.giantprecision.com Please contact Bruce Callander for any press enquiries: firstname.lastname@example.org This press release was distributed by ResponseSource Press Release Wire on behalf of BlueSky Public Relations Ltd in the following categories: Business & Finance, Education & Human Resources, Public Sector, Third Sector & Legal, for more information visit http://pressreleasewire.responsesource.com/about.