The modern workplace is constantly evolving, and with it comes an increasing need for organisations to adapt their HR practices to remain compliant and efficient. Technology has become a game-changer for human resources, offering tools and systems that simplify processes, improve accuracy, and help businesses stay ahead of regulatory demands. […]

On the 3rd of December 2024, HMRC released an umbrella company calculator that contractors, employment bodies and recruitment agencies can use to get a detailed understanding of take-home pay through an umbrella company. Over the recent years, HMRC has really stepped up its efforts to support temporary workers and organisations […]

The Autumn Budget 2024 unveiled the plans to crack down on noncompliance in the umbrella world, raise National Minimum Wage, and increase Employer’s National Insurance Contributions to name a few. Like a line of dominos, these changes are sure to impact everyone in the contractor chain, including agencies and end […]

With the Labour government coming to power for the first time in 14 years, the expectations of the Autumn Budget 2024 have been widely speculated on. One announcement which came as a shock to people was the rise of Employer’s National Insurance from 13.8% to 15%. While this happens the […]

Today (30th October 2024), Chancellor Rachel Reeves delivered the new Labour government’s first Budget. Our latest article summarises the key announcements in the Autumn Budget 2024. Overview of the Autumn Budget 2024 The Chancellor announced that the Autumn Budget aims to fix the foundations of the economy and deliver change […]

Before registering with an umbrella company, requesting a tailored take-home pay calculation to compare projected weekly or monthly earnings between different providers is a good idea. Our latest article explains why umbrella company illustrations differ between providers and what to look out for when comparing umbrella company calculations. Tax code […]

Creating a memorable brand experience is essential for companies that want to connect with their audience on a deeper level. It’s not just about presenting a product or service; it’s about leaving a lasting impression that resonates with consumers. By crafting thoughtful experiences, brands can foster loyalty, encourage word-of-mouth marketing, […]

For contractors, especially those operating under umbrella companies, navigating a maze of unique challenges when vying for positions in the competitive job market is almost like navigating a maze of unique challenges. Crafting a standout CV is crucial to setting yourself apart from the crowd. Essentially, tailoring your CV becomes […]

Contractors who have never used an umbrella company before or are used to operating via their limited company often ask, ” What is an umbrella company margin?”. Our latest article provides an overview of an umbrella company margin and how often it is deducted. What is an umbrella company margin? […]

Contractors and freelancers in the UK are commonly faced with two options when choosing how to operate: umbrella company vs limited company. Our latest article provides an overview of an umbrella company and a limited company, plus the advantages and disadvantages of both options to help you determine which option […]

Receiving your first payment from an umbrella company can often be confusing, especially if you are new to contracting or have previously worked via a limited company. Before registering with an umbrella company, contractors usually ask: “How much money will I earn when I work via an umbrella company?”. Our […]

The Supreme Court has rejected an appeal by the Professional Game Match Officials Limited (PGMOL) challenging a £584,000 tax bill imposed by HMRC about the employment status of 60 referees. Although a final judgement has not been made, the Supreme Court has remitted the case to the First-tier tribunal to […]

If you are a contractor working via an umbrella company, you may wonder if you must submit a self-assessment tax return. Our latest article provides an overview of when contractors may be required to submit a tax return when using an umbrella company and examples of when they do not […]

When accepting a temporary assignment through a recruiting agency, contractors and freelancers in the UK are frequently given two payroll options: umbrella company vs agency PAYE. Continue reading to learn the difference between an umbrella company and agency PAYE.   Umbrella company vs agency PAYE: what is the difference? The […]

HMRC has shared another press release with the umbrellacompanies.org.uk team about a recent case where a £900,000 penalty was imposed on a tax avoidance scheme promoter. Please keep reading for more information.   ——– START OF PRESS RELEASE ——–   A tax avoidance promoter whose schemes were used by locum […]

The Chancellor of the Exchequer, Jeremy Hunt, delivered this year’s Spring Budget 2024 to the House of Commons on March 6, 2024. Our latest article highlights the Chancellor’s key announcements.  Overview of the Spring Budget 2024 The Chancellor’s Spring Budget 2024 focused on tax cuts for parents and workers and […]

Contractors who source temporary assignments through recruitment agencies and are inside IR35 are given two options for their payroll – agency PAYE or registering with an umbrella company. This article explores what agency PAYE is and how it is different from registering with an umbrella company and becoming an employee […]

There are plenty of advantages to becoming an umbrella company employee, but it’s important to weigh those advantages against any potential drawbacks. Our latest article discusses the disadvantages or becoming an umbrella company employee. Not as tax-efficient as forming a limited company The tax advantages of limited companies are not […]

We’ve outlined the primary reasons why contractors and freelancers prefer to use umbrella companies for their payroll for contracts inside IR35. Additionally, we’ve provided an overview of what an umbrella company is for your information. An umbrella company: what is it? An umbrella company is frequently used by recruitment firms […]

Because of the numerous financial and professional advantages, operating through a Personal Service Company (PSC) is a popular option for contractors and freelancers based in the UK who are considered to be outside of IR35. The advantages and disadvantages of contracting via a PSC are examined in our most recent […]