The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
The following editorial has been written for umbrellacompanies.org.uk by Umbrella Company UK – an FCSA accredited umbrella company. Umbrella company deductions are single handily the cause for most confusion to contractors and freelancers – and it’s no surprise. While using an umbrella company is very similar to permanent employment (PAYE), […]
Understanding Umbrella Company Deductions [Sponsored Editorial] » Read the full story
An interesting question – and one that is regularly asked online by umbrella company employees. The short answer is that it depends entirely on your personal circumstances. If your only source of income is paid to you via an umbrella company (PAYE) – you don’t need to submit a personal
If you use an umbrella company, do you need to submit a personal tax return? » Read the full story
Do you fancy yourself as a bit of a Sherlock Holmes when it comes to identifying a deal? We certainly don’t blame you if you do! When it comes to looking for an umbrella company, we suggest you make a real effort comparing the providers out there. We’ve put a
The right way to conduct an umbrella company comparison » 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
How do umbrella companies work? » Read the full story
In a world where more and more contractors are finding themselves inside IR35, umbrella companies have seen a rapid rise in popularity. Well, maybe popularity isn’t the right word to use. Why? Because we’ve seen so many negative comments and articles about umbrella companies over the recent months. As a
Umbrella companies are not the bad guys! » Read the full story
We are not here to antagonise anyone, especially umbrella companies that are committed to operating compliantly. However, we recently came across an article that grabbed our attention – for the wrong reasons. The article in question suggests that a margin up to £30 per week for an umbrella company is
£30 a week for an umbrella company margin? No thanks! » Read the full story
Can you trust an umbrella company calculation? ‘Umbrella company calculation’ is a much-searched phrase by contractors and freelancers in the UK. And it’s no surprise. Whether you’ve been contracting for years, or you’re relatively new on the scene, it’s only natural that you want to get an idea of your
Can you trust an umbrella company calculation? » Read the full story
Umbrella company holiday pay can confuse contractors and freelancers, and this doesn’t surprise us. Umbrella company holiday pay is slightly unusual, but don’t worry – it’s not as confusing as you think. Whether you’re new to contracting, unsure how umbrella companies work, or just want a friendly reminder – we’ll
How does Holiday Pay work with an umbrella company? » Read the full story
Off-payroll in the public sector came into effect a few years ago now, and the impact on the temporary workforce has been massive. Hats off to all the public sector organisations that took the legislation seriously and had reliable and efficient IR35 assessment protocols in place. Unfortunately, loads of companies
Hopefully a fair world awaits contractors after April 2021 » Read the full story
This week when speaking to a contractor, I got told: “your lot are finished, HMRC have seen to that.” Quite who my “lot” are, or how we have offended this gentleman – I don’t know. However, this did encourage me to go and do some research into what this chap
Umbrella companies aren’t finished yet – according to HMRC » Read the full story
To put it bluntly – tax avoidance schemes are evil. They trick you into thinking paying less tax is fine and they’ll help you retain more of your hard-earned money. But what they fail to mention is the fact that if you engage with one, you’ll more than likely face
How to spot a tax avoidance scheme, and why you should never use one » Read the full story
Under new employment legislation, recruitment agencies will present contractors and agency workers with a Key Information Document before a contract is signed or agreed. The Key Information Document will give you a realistic take home pay projection and outline the deductions you can expect to see to your pay. The
What is a Key Information Document? » Read the full story
Some weeks, here at UCHQ, while we spend far more time than we should wondering exactly what the intern does, we also spend a good deal of time wondering how the umbrella company industry managed to get itself into such a mess. The tales of the umbrella companies of old,
Why a Good Umbrella Won’t Stop You Paying Tax » Read the full story
It’s been a rough year for contractors. As we have previously reported here, the industry is showing signs of recession, not made any easier by the still-lingering threats from IR35 and a nation of new work-from-homers. But there is some good news. Some of you have already got some key
Job Skills to Have in the Post-Covid Era » Read the full story
This week here at UCHQ, life is returning to something approaching normality. The intern is back to wasting time on social media, the old ‘umbrella’ jokes keep flowing, and we ponder what autumn will bring, besides a renewed need for actual umbrellas. There seems to be something of a
Disguised Renumeration and Spies in the Grass » Read the full story
