The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
A common question amongst umbrella company employees is – “I am using an umbrella company; do I need to submit a self-assessment tax return for the 2021/22 tax year”. As we explain in this article, the answer depends solely on your circumstances. Please keep reading for more information. Umbrella employees …
If you work shifts as a nurse, you may have been asked to register with an umbrella company for your payroll. This arrangement is common – especially when sourcing roles through a recruitment agency. This blog explains umbrella companies for nurses and how to ensure you’re paid correctly, ethically and …
The cost of living crisis has put a significant financial strain on families throughout the UK. In this guest article provided by Rehab Recovery, the cost of living crisis is examined in detail, outlining how it is impacting particular groups’ mental health. A specially designed infographic includes data highlighting people …
How is the cost of living crisis impacting the nation’s mental health? » Read the full story
On the 19th of January 2023, the government added five umbrella companies (or payroll providers) to its list of named tax avoidance schemes, promoters, enablers and suppliers – Able Ltd, AML Tax (UK) Limited, Contractor Central Accounting Ltd, Denmedical UK Limited and Tailored UK Services Ltd. Keep reading for more …
Before joining an umbrella company, it is wise to request a free take-home pay calculation that will show you your estimated pay retention once all the legal deductions have been made (Pay As You Earn). Keep reading for more information about free umbrella company take-home pay calculations. What is an …
Requesting a free umbrella company take-home pay calculation » Read the full story
Registering with an umbrella company is straightforward and can be completed in no more than 15 minutes. However, you will be required to share a lot of personal information and sign and return a contract of employment. This blog breaks down the umbrella company registration process and discusses how you …
How do you register with an umbrella company? » Read the full story
Umbrella companies remain a popular payroll provider for contractors and freelancers in the UK. However, how much do you know about umbrella companies, and are you aware of the pros and cons of using an umbrella company in 2023? Keep reading for more information. Pros of using an umbrella company …
The pros and cons of using an umbrella company in 2023 » Read the full story
The Freelancer and Contractor Services Association (FCSA) has recently launched a new whistleblowing hotline for contractors and freelancers to report non-compliant and unethical behaviour from umbrella companies. Chris Bryce, CEO of the Freelancer and Contractor Services Association, contributed a guest blog to Contractor UK discussing the new FCSA whistleblowing hotline. …
It appears that a government-proposed “Single Enforcement Body” designed to monitor umbrella companies and maintain the highest compliance standards has been put on hold. Therefore, it’s never been more important for temporary workers to understand how to pick a compliant umbrella company in 2023 and spot the obvious signs of …
A quick guide to help contractors pick a compliant umbrella company in 2023 » Read the full story
Over the last few months, a small number of umbrella companies have been accused of salary skimming and essentially boosting their profits at the expense of employees. Most recently, Contractor Voice accused Liquid Friday, an FCSA-accredited umbrella company, of malpractice. The FCSA has now released a statement about an investigation …
HMRC has added another new company to its list of tax avoidance schemes – which now consists of over 30 companies. We PAYE Umbrella Limited is the latest to make the list. Keep reading to learn more about We PAYE Umbrella Limited and why HMRC considers them non-compliant. We PAYE …
HMRC adds another payroll provider to its list of tax avoidance schemes » Read the full story
Contractor Voice has accused an FCSA-accredited umbrella company of unlawfully retaining the pay of the contractors it has been paying. Keep reading to learn more about these allegations and the official response from the FCSA. Orange Genie intended to “skim” money from the salaries of contractors, accordingly to Contractor Voice …
Umbrella companies are always a hot topic. With the payroll providers growing in demand, we wanted to create a friendly space for contractors, freelancers and industry stakeholders to discuss everything related to payroll. As a result, we’re delighted to announce we have launched a brand new umbrella company forum, and …
New umbrella company forum launched by team at UCHQ » Read the full story
New Chancellor of the Exchequer Jeremy Hunt has announced the government will not be repealing the off-payroll working rules from April 2023 – just weeks after ex-Chancellor Kwasi Kwarteng said the government would ”repeal the 2017 and 2021 reforms” from April 2023. This news will undoubtedly frustrate and disappoint all stakeholders …
Initially introduced by the government in 2000, IR35 legislation stops disguised employees from taking advantage of tax-efficient payments via an intermediary (personal service company, or PSC). With the recent announcement that the IR35 reforms will be repealed in April 2023 – here is what you need to know. IR35 isn’t …
IR35 is not being scrapped in April 2023 – here is what you need to know » Read the full story
HMRC is continuing to update their list of publicly named tax avoidance schemes. On the 29th of September, HMRC added three new businesses to the list – Focus Contractor Limited, Greenwich Contracts Ltd, and Nicely Paid Limited. Keep reading and find out more information about these three organisations. Focus Contractor …
Three new tax avoidance schemes are named by HMRC (29 September 2022) » Read the full story
