The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
HMRC Publishes June 2025 Update to Named Tax Avoidance Schemes List HMRC updated its public list of named tax avoidance schemes, promoters, enablers, and suppliers, adding four more companies suspected of operating tax arrangements involving split-pay structures. These schemes typically see workers receiving part of their income via standard PAYE […]
HMRC Adds Four Companies to Named Tax Avoidance Schemes List » Read the full story
Contractors new to umbrella companies or transitioning from limited company work often ask, “What is an umbrella company margin?” This article explains the umbrella margin, how it’s deducted, and what impact it has on your take-home pay. What is an Umbrella Margin – and Where Does Your Money Go? If
What is an Umbrella Margin? Where Your Money Goes: Explained » Read the full story
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.
The Role of Technology in Enhancing HR Compliance and Efficiency » Read the full story
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
Employer’s National Insurance is rising from 13.8% to 15% » Read the full story
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
Autumn Budget 2024: What were the Chancellors’ Key Announcements? » Read the full story
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,
How to Create Memorable Brand Experiences That Drive Results » Read the full story
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
Contractor’s Edge: Making Your CV Stand Out in the Umbrella Company Sector » Read the full story
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
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
HMRC press release: £900,000 penalty for promoter of tax avoidance scheme » Read the full story
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
Spring Budget 2024: The Chancellors Key Announcements » Read the full story
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
What is agency PAYE? » Read the full story
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
What are the disadvantages of becoming an umbrella company employee? » Read the full story
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
What are the benefits of becoming an umbrella company employee? » Read the full story
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
