IR35 and Contractors: What UK Businesses Need to Know. IR35 remains one of the most important compliance considerations for UK businesses engaging contractors through intermediaries. The purpose of the off-payroll rules is broadly to ensure that workers who would have been employees if engaged directly are taxed in a similar way to employees. Why does…
Contractor of Record vs Employer of Record: What Is the Difference? Contractor of Record vs Employer of Record CoR is generally designed for independent contractors. EOR is designed for employees. The simplest distinction is: CoR is generally designed for independent contractors. EOR is designed for employees. An Employer of Record becomes the legal employer of…
Contractor of Record UK: A Practical Guide for IT Businesses Hiring contractors can give a business access to specialist skills without the long-term commitment associated with traditional employment. But as a contractor workforce grows, so does the administrative and compliance burden. This is where a Contractor of Record (CoR) can become relevant. A Contractor of…