Umbrella Regulation: The potential cost of non-compliance

While the sector awaits the draft umbrella legislation, there remains uncertainty as to what measures the final legislation will include. What is clear however, is that the responsibility for Pay As You Earn (‘PAYE’) and National Insurance (‘NI’) liability will move to the agency closest to the client in the supply chain, or where there is no agency, the client directly. But what does this mean in terms of financial risk for recruitment businesses?