From 6th April 2021 IR35 off-payroll working legislation will be rolled out to the private sector by HMRC, this means that the John Lewis Partnership will no longer be engaging freelancers on a self-employed basis or via a personal service company.
The Partnership have appointed giant as our chosen solution and umbrella service provider to manage payrolling for our Freelancer community. In working with giant, all payments will be subject to PAYE deductions at source and the required payments made directly to HMRC, ensuring compliance in accordance with HMRC’s off payroll legislation.
Introducing giant umbrella
Our umbrella service is designed to be simple, paperless and hassle free. We take care of all PAYE tax deductions, give you pension planning options and flexibility to choose your holiday pay model.
This page includes an indicative net income illustration calculator, the benefits of joining giant umbrella as well as details on pensions, holiday pay and answers to our most frequently asked questions.
What are the benefits of choosing giant umbrella?
the weekly margin starts from £28 which nets down to between £16.24 or £13.81 for basic rate and higher rate taxpayer, respectively.
You will now need to let the Partnership know that you're ready to go ahead so that they can confirm all the details with us. We will then issue you with a link to access your online portal so you can review and accept your new contract and complete your personal details so that we can make payment to you once you’ve completed your next job or assignment.