The latest news affecting umbrella companies in the UK. Featuring HMRC, the Agency Workers Directive, the 2003 Agency Regulations, and IR35.
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
CEO of Professional Passport, Crawford Temple, has called for the government to “start with a clean sheet of paper and design a strategy for the modern worker”. This comes following the announcement that the IR35 off-payroll working rules are to be repealed from April 2023. Keep reading and see what …
The government has announced a repeal of the off-payroll (IR35) legislation that was rolled out in 2017 (public sector) and 2021 (private sector) – and stakeholders are delighted. This article looks at the FCSA’s response to the mini-budget and the astonishing IR35 development. The UK’s economy is struggling, and we …
Astonishing news for contractors, freelancers and organisations who engage with temporary workers – the government is going to repeal IR35 rules (off-payroll) from April 2023. This news has been extremely well-received by industry stakeholders, but what does it mean for the industry, and what did Kwasi Kwarteng say on the …
New chancellor Kwasi Kwarteng has delivered the mini-budget (Friday, 23rd September). With the UK’s economy facing unprecedented challenges and the word “recession” being commonly used, the mini-budget lays out the government’s plans to boost the economy, protect families and help the UK power through these challenging times. This article summarises …
An overview of the key announcements in September’s mini-budget » Read the full story
First introduced by former Chancellor of the Exchequer Rishi Sunak, the 1.25% rise in National Insurance to fund health and social care will be reversed from November, leaving workers with more disposable income to tackle the harsh economic conditions ahead. To help ease the pressure on workers during the tough …
The 1.25% rise in National Insurance will stop in November » Read the full story
For decades, tax avoidance schemes have preyed on UK temporary workers and promised them enhanced pay retention. However, as we all know by now, tax avoidance schemes are not worth engaging with because they are unethical and could land contractors and freelancers in serious trouble in the future. This article …
The most common types of tax avoidance schemes » Read the full story
