Agency Legislation definition
Examples of Agency Legislation in a sentence
The Agency warrants that any information provided to the Company pertinent to the Agency Legislation is correct and upon which the Company is able to rely.
In event that any information provided in relation to the Agency Legislation is subsequently found to be fraudulent, the party giving that fraudulent information will be held liable by HMRC for any resultant underpayment of Tax and National Insurance Contributions.
On commencement of each assignment the Contractor will establish if the Subcontractor will be subject to (or the right of) supervision, direction or control (“control”) in accordance with the Agency Legislation.
The Agency shall be responsible for the determination of tax status of self-employed Personnel under the Agency Legislation by reference to SDC, together with any statutory reporting requirements in relation to the use of self- employed subcontractors.
The Subcontractor confirms that he will be subject to the Agency Legislation in respect of any assignment during which he is subject to control by any person.
The assignment schedule will indicate whether, in accordance with the Agency Legislation, the remittance payable will be treated as employment income and so subject to Income Tax and National Insurance Contributions (NIC).
It is the responsibility of the Agency to provide appropriate confirmation in writing to the Company where Personnel are subject to SDC and payments must be subject to PAYE and NIC deductions in accordance with the Agency Legislation.
Invoices raised shall, where applicable, constitute a VAT invoice and will include PAYE Tax and NIC deductions as appropriate when the Agency Legislation applies.
The Company shall be responsible for the determination of tax status of self-employed Personnel under the Agency Legislation by reference to SDC, together with any statutory reporting requirements in relation to the use of self- employed subcontractors.
Where the Subcontractor supplies a substitute he confirms his understanding of his obligation to pay the substitute in accordance with the Agency Legislation and to meet reporting requirements therein.