Do contractors using an umbrella company need to submit a self-assessment tax return?
If you are a contractor working via an umbrella company, you may wonder if you must submit a…
Umbrella company vs Agency PAYE: what is the difference?
When accepting a temporary assignment through a recruiting agency, contractors and freelancers in the UK are frequently given…
HMRC press release: £900,000 penalty for promoter of tax avoidance scheme
HMRC has shared another press release with the umbrellacompanies.org.uk team about a recent case where a £900,000 penalty…
Spring Budget 2024: The Chancellors Key Announcements
The Chancellor of the Exchequer, Jeremy Hunt, delivered this year’s Spring Budget 2024 to the House of Commons…
What is agency PAYE?
Contractors who source temporary assignments through recruitment agencies and are inside IR35 are given two options for their…
What are the disadvantages of becoming an umbrella company employee?
There are plenty of advantages to becoming an umbrella company employee, but it's important to weigh those advantages…
What are the benefits of becoming an umbrella company employee?
We've outlined the primary reasons why contractors and freelancers prefer to use umbrella companies for their payroll for…
What are the advantages and disadvantages of contracting via a Personal Service Company (PSC)?
Because of the numerous financial and professional advantages, operating through a Personal Service Company (PSC) is a popular…
Spotting a tax avoidance scheme in 2024
An enormous number of illegitimate umbrella companies that operate tax avoidance strategies to lower their tax responsibilities to…
How to set up a limited company in the UK
As a contractor, becoming a director of a limited company may seem overwhelming. The actions you must take…
Contracting in the UK: When should you consider becoming a contractor?
We have put together this brief article to give you all the information you need to decide whether…
A guide to help contractors and freelancers choose a compliant umbrella company
For your payroll, you must only work with compliant umbrella companies to avoid underpaying taxes and owing HMRC…
