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As an example , if an employee works 35 hours in four days and takes a day of vacation or a holiday falls during that week , the employee would be paid 43 regular hours ( 35 hours worked and 8 hours vacation or holiday ) . In the absence of such an environmental agreement , interest would be paid in U.S. dollars into the account established for interest payments of the obligations exchanged therefor . IR35 was a general measure aimed , as the Revenue saw it , at ensuring all those supplying services as an employee rather than as an independent contractor would be paying tax and national insurance , without reference to the existence of a service company . I find this website intellectually insulting and wonder why in the world a company such as Pantone would be paying for this . Under these types of plans , a flat amount would be paid to all recipients , without regard to past earnings levels or contributions to any social insurance system .