The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
Compliant umbrella companies will not only explain how holiday pay works before you register with them, but they’ll also ensure they process it compliantly and as requested. Frustratingly, this hasn’t always been the case and a few umbrella companies have been accused of retaining holiday pay for themselves – leaving […]
In a report (25th May 2022) by the Committee of Public Accounts entitled ‘Lessons from implementing IR35 reforms’, HMRC is accused of having “done little to understand the wider impact of the reforms on workers or labour markets”. Keep reading as we summarise the report and share IPSE’s views on
There is often a lot of confusion surrounding umbrella company fees, so we wanted to clarify any misunderstandings. This article will explain how umbrella companies make money and what you should expect to retain after the deductions to your gross salary have been made. If you have any questions, please
Umbrella company fees: what do you need to know? » Read the full story
In an online corporate report (‘Current list of named tax avoidance schemes, promoters, enablers and suppliers’), HMRC named and shamed three tax avoidance schemes. While three isn’t many, it’s a start. Keep reading for more information, including the warning signs of a tax avoidance scheme and what you should do
HMRC name and shame three tax avoidance schemes » Read the full story
If you’re a contractor or freelancer, there are many rules and regulations to understand within your sector – especially when it comes to payroll. For example, with so many temporary workers finding themselves inside IR35 since recent changes to off-payroll working rules, hundreds of thousands of workers have been required
10 organisations every contractor and freelancer should be following » Read the full story
We’ve noticed that many contractors and freelancers are Google searching for ‘umbrella company examples’, and as a result, our team has put a few examples together to help you out. Please keep reading for two umbrella company examples – one example being an experience with a compliant umbrella company and
The umbrella company market is booming, and there are over 500 providers in the UK. With so many companies to choose from, how do you know which umbrella will provide you with the best value and most reliable payroll service? Please keep reading because this guide will explain everything you
An Umbrella Company Comparison Guide » Read the full story
Transferring umbrella companies sounds stressful. However, you may be surprised to know that it’s pretty easy, and your new umbrella will support you throughout the process. Please keep reading, and we’ll summarise the steps involved when transferring umbrella companies, and we’ll help you decide whether it’s worth moving or not.
Should You Bother Transferring Umbrella Companies? » Read the full story
In a blog on the Freelancer and Contractor Service Association’s (FCSA) website, CEO Chris Bryce explains how he believes leaving out the Employment Bill from the Queen’s speech is a “missed opportunity”. Chris reiterates the umbrella company sector still requires “much-needed” regulations to protect contingent workers. Keep reading for more
There are hundreds of umbrella companies in the UK, meaning it’s difficult to choose a provider you can trust with so many options. To help make your life easier, we’ve updated our popular umbrella company directory that shows the providers accredited by either the Freelancer and Contractor Services Association (FCSA)
The UCHQ team recently received an email from a concerned contractor. The message suggested an FCSA accredited umbrella company had given the contractor a misleading take-home pay illustration, and this was discovered once the worker had been paid for the first time. Please keep reading, and we’ll share the story
The Association of Independent Professionals and the Self-Employed (IPSE) has released a report which looks at the attitudes of temporary workers who are using the services of umbrella companies for payroll. The report has some fascinating findings, as we summarise in this article. Please keep reading for more information and
After enduring a seven-year battle with HMRC, the BBC and ITV presenter and journalist Adrian Chiles has won his £1.7 million IR35 tax tribunal. Continue reading as we discuss the key factors in the presenter ultimately winning the case. Background to the case The tax authority had handed Adrian Chiles
Adrian Chiles Wins IR35 Tribunal » Read the full story
The Chancellor will impose an increase in both employers’ and employees’ National Insurance Contributions (NICs), which will take effect from April 6th 2022. The increase being imposed is 1.25 percentage points, meaning the actual rise is about 9% for employers and 10% for employees. For some time, most freelancers working for end clients through an umbrella company have
As umbrella companies are in higher demand than ever before, we’ve created an umbrella example to help explain how the payroll businesses work, and how the supply chain interacts to ensure temporary workers are paid on time. Keep reading for more information, including access to our umbrella company example infographic.
Advice for contractors: An umbrella company example » Read the full story
The deadline is this evening! If you are a contractor, freelancer, recruitment agency or end-hirer who engages with umbrella companies, please help the government with the call for evidence into umbrella companies. The consultation closes this evening at 11:45 PM. Your input could help shape the future of the umbrella
