Unless you've had your head buried in the sand the last few days you'll have noticed that there have been some major changes in the world of EBT's. The governments commitment on eliminating avoidance as far has possible has meant that the EBT is no loger an effective way of being paid. The December 2010 changes will have a massive impact the contractor market across the whole of the UK.
What's even worse is that this announcement seems to have caught many of the EBT payroll solution providers off guard (even though it was first talked about in the April 2010 budget). There have been many stories over the last couple of days of leading EBT suppliers like Darwinpay and Sanzar Solutions letting their phones ring off when contractors have tried to contact them. It was also noted that their websites went offline on the 13th od December. Are they still paying the contractors on their books? We hope so.
In all this confusion there only seems to be one company offering a viable solution, we don't know how it works but you can find out more information on this EBT alternative by following the link.
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