The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
If you’re new to umbrella companies, you will probably have many questions about how they work and process your payroll. Our Team has put together a complete guide to umbrella companies, and it sets out to answer all of the most commonly asked questions about umbrella companies and how they […]
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Brookson, a leading UK-based umbrella company, had been hit by a cyber-attack this week that’s caused a temporary halt to services. Astonishingly, Brookson is not alone. Parasol, another well-known umbrella, has also been targeted recently, and Giant Pay was heavily impacted by cyber criminals last year. The Freelancer and Contractor
The FCSA responds to recent cyber-attacks targetting umbrella companies » Read the full story
Umbrella companies are continuing to be targeted by cybercriminals. Last night, one of the UK’s leading umbrella companies, Brookson, was struck by an “aggressive attack”. Thankfully, a company update from CEO Andrew Fahey (shared on Brookson’s business LinkedIn profile) confirmed the systems in place were able to “contain the impact
Sadly, the threat of umbrella company cloning doesn’t appear to have faded away. Instead, it remains a severe danger to the industry. If you work for an umbrella company, you must understand what umbrella company cloning is to protect your own business. But it isn’t just umbrella companies that need
Umbrella company cloning remains a serious threat to the sector in 2022 » Read the full story
One of the UK’s best-known umbrella companies, Parasol, has experienced a “system outage”, which has resulted in late payments to umbrella employees. Here is what we know – keep reading to find out more. Scroll down for the latest developments. Parasol is “working tirelessly” to resolve a “system outage” In
The government has opened a consultation into the umbrella company marketplace, and it is seeking assistance from contractors, payroll providers and industry stakeholders. If you use an umbrella company or have feedback that could help the government, you’re being encouraged to participate. The more participants, the better the government will
The Freelancer and Contractor Services Association (FCSA) has confirmed that Chris Bryce is taking over as CEO (previously the CEO at IPSE), replacing Phil Pluck. Keep reading for more information about the change in CEO and a brief introduction to the FCSA’s new leader. Farewell to Phil Pluck, and a
The FCSA welcomes Chris Bryce as new CEO » Read the full story
Towards the backend of 2021, the government released several pieces of guidance about umbrella companies to help the supply chain and temporary workers remain compliant with HMRC’S rules and regulations. The government also launched a consultation that seeks assistance from those who have used umbrella companies in the past. It
Will the government regulate umbrella companies in 2022? » Read the full story
If you’re interested in using an umbrella company for your payroll, you may be tempted to identify the cheapest umbrella company in the marketplace and use them. However, is this a good idea? This article explains why you need to consider more than just the umbrella company’s margin before you
Is the cheapest umbrella company the best option? » Read the full story
There is no hiding from the fact that changes to IR35 (off-payroll) have resulted in more unscrupulous tax avoidance schemes targetting workers who require umbrella payroll (PAYE). It’s disappointing to see. While most umbrellas are UK based and fully compliant with HMRC’s rules and regulations, some are preying on vulnerable
The deadline for submitting 2020/21 tax returns is approaching quickly – it’s less than two months away! If you need to complete a personal tax return, submitting it before the end of January 2022 is vital to avoid a fine from the government. However, do you need to submit one?
Do umbrella company employees need to submit a 2020/21 personal tax return? » Read the full story
The government has unveiled a new open consultation, and they would like you to help. Whether you work through an umbrella company, possibly as a contractor or freelancer, or you represent a recruitment agency or end-hirer, now is your time to share your thoughts on umbrella companies to help the
How Can You Help The Government Regulate The Umbrella Company Sector? » Read the full story
Unusually, the government has opened a consultation to “call for evidence to ensure it has an up-to-date and well-informed view of how the umbrella company market operates”. Is this a sign that the umbrella company is on the verge of being regulated by the government? Keep reading, and we’ll summarise
Is The Government On The Verge Of Regulating Umbrella Companies? » Read the full story
The demand for umbrella companies is rising due to recent changes to off-payroll working rules (IR35). It’s estimated that hundreds of thousands of temporary workers require the services of an umbrella for their payroll. Our latest article is aimed at both well-established contractors and those who are becoming temporary workers
Sadly, it appears that a well-known umbrella company has filed for liquidation – leaving hundreds of contractors potentially without pay. This is a terrible scenario, and our deepest sympathies are with all the affected employees. We sincerely hope that all outstanding payments are made and no temporary worker finds themselves
Helpful information if you are unpaid by an umbrella company » Read the full story
The government has been very busy writing guidance to help those who require the services of umbrella companies. Earlier in the year, the government published advice on working through an umbrella company. Since then, we’ve seen multiple new guidance pieces appear on the government’s website, including information on the risks
