Umbrella companies protect you from IR35 whilst still maximising your pay. Here we have all the latest news on this controversial piece of tax law.
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 …
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 …
UK Supreme Court rejects PGMOL appeal over £584,000 tax bill » Read the full story
Changes to off-payroll in the private sector are set to roll out in April 2021. They may be a year late, but they’re coming! It’s expected that several limited company contractors may find themselves inside IR35 at some point in the future, and as a result, umbrella companies may see …
If you are new to the world of contracting, there are lots of different options to consider. Arguably the most critical decision is whether to set up your own limited company or work through an umbrella company. With the legislation changes to off-payroll working in the private sector just around …
Umbrella company benefits – 10 reasons why using a brolly is a good idea! » Read the full story
Everyone likes a bargain! As a result, you should absolutely look for an attractive deal from an umbrella company. After all – the umbrella market is pretty competitive due to the rising number of providers. And as a result, there are some super offers out there! Keep reading and we’ll …
How to properly shop around for an umbrella company deal » Read the full story
If you are new to contracting, have never used an umbrella company before, or are a director of a limited company, the workings of umbrella payroll may seem confusing. Working through an umbrella company is by far the easiest way to operate as a contractor. Unlike working through a limited …
It’s been a disappointing start to the year here at UCHQ. Not only is the intern still performing abysmally and is more concerned with her social media and planning her holidays than doing any actual work, but we are saddened to hear that the forthcoming review into any potential changes …
With SDC reforms imminent, a new IR35 discussion document launched putting the onus of vetting contractors onto the client, we ask: What IS HMRC doing?
The government has fulfilled its budget promise and issued the IR35 discussion document. Should it worry contractors? Only if MPs take a huge pay cut
HMRC remains silent on many of the issues affecting contractors; as such, we’re left to speculate. Here’s our punt, with a h/t to Lisa Keeble.
Should you set up a Limited Company just to avoid paying tax? Most contractors do it right. But with 600k now operating this way, HMRC is on the warpath!
Self-employment, either through freelancing or working as an umbrella company contractor, could be come the new normal by the end of this coming decade.
Whether you’re a freelancer or an umbrella company contractor it’s in your best interest to support Small Business Saturday, says one major industry body.
Tax guidance for self-employed Brits such as umbrella company contractors is set to finally get a bit more easy, thanks to a new initiative.
It hasn’t been long since the new umbrella contractor trade industry body known as All Umbrella Companies Are Equal has launched, but i’s making serious waves.
HMRC took on more cases, made more arrests and won more criminal convictions in 2012 than in 2011. With a £900m cash injection, those figures will only rise.
