contractors Archives | Umbrella Companies

Everything you need to know about non-compliant umbrella companies

news / September 27, 2023 September 27, 2023 / advice, contractors, fcsa, freelancers, ipse, non-compliant, non-compliant umbrella companies, Non-compliant umbrella company, professional passport, saferec, Tax Avoidance Schemes, umbrella company guide

Embarking on a contracting career in the United Kingdom requires a keen understanding of umbrella companies’ pivotal role in this sector. They act as indispensable intermediaries between contractors and clients, significantly easing the administrative workload for contractors and ensuring that they are paid on time and in accordance with UK …

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The pros and cons of using an umbrella company in 2023

news / January 17, 2023 January 17, 2023 / advantages umbrella companies, cons umbrella companies, contractors, disadvantages umbrella companies, freelancers, PAYE, pros umbrella companies, umbrella companies, umbrella company 2023, umbrella company uk

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

A quick guide to help contractors pick a compliant umbrella company in 2023

news / January 6, 2023 January 6, 2023 / contractor voice, contractors, fcsa, FCSA Accreditation, fcsa investigation, freelancers, holiday pay, pick compliant umbrella company, pick umbrella company, salary skimming, umbrella company 2023, umbrella company advice, umbrella company holiday pay, umbrella company salary skimming

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

Crunch CEO Darren Fell “utterly delighted” at Rishi Sunak’s resignation after “attack after attack on the self-employed”

news / July 14, 2022 July 14, 2022 / agency workers, contractors, crunch, crunch accounting, darren fell, darren fell crunch, darren fell crunch accounting, fcsa, freelancers, ir35, professional passport, rishi sunak, temporary workers

CEO and Founder of Crunch Accounting, Darren Fell, has released a post via Crunch’s LinkedIn profile explaining why he is “utterly delighted” that Rishi Sunak has resigned as Chancellor of the Exchequer. In the statement, Darren also explains why he believes Rishi should “never be allowed to come back to …

Crunch CEO Darren Fell “utterly delighted” at Rishi Sunak’s resignation after “attack after attack on the self-employed” » Read the full story

Today Is Your Last Chance To Help The Government With A Call For Evidence About Umbrella Companies

news / February 22, 2022 February 22, 2022 / accrued holiday pay, call for evidence, call for evidence umbrella companies, chris bryce fcsa, contractors, fcsa, freelancers, government regulate umbrella companies, professional passport, umbrella companies, umbrella company consultation, umbrella company holiday pay, umbrella company regulations

The deadline is this evening! If you are a contractor, freelancer, recruitment agency or end-hirer who engages with umbrella companies, please help the government with the call for evidence into umbrella companies. The consultation closes this evening at 11:45 PM. Your input could help shape the future of the umbrella …

Today Is Your Last Chance To Help The Government With A Call For Evidence About Umbrella Companies » Read the full story

Last Call For Contractors And Freelancers – Let The Government Know About Your Experience With Umbrella Companies

news / February 16, 2022 February 16, 2022 / accrued holiday pay, call for evidence, call for evidence umbrella companies, chris bryce fcsa, contractors, fcsa, freelancers, government regulate umbrella companies, professional passport, umbrella companies, umbrella company consultation, umbrella company holiday pay, umbrella company regulations

Last year, the government opened a call for evidence into umbrella companies, and they want the entire supply chain to contribute. Whether you’re a contractor or freelancer or represent an agency or end-client, please participate and help the government better understand the marketplace. It looks like regulations will be arriving …

Last Call For Contractors And Freelancers – Let The Government Know About Your Experience With Umbrella Companies » Read the full story

Umbrella company cloning remains a serious threat to the sector in 2022

news / January 14, 2022 January 14, 2022 / clarity umbrella, clearsky contractor accounting ltd, cloned umbrella company, companies house, contractors, end hirer, fcsa, first freelancer ltd, freelancers, government, hmrc, lucy smith, phil pluck, professional passport, recruitment agencies, umbrella companies, umbrella company cloning, umbrella company fraud, umbrella.co.uk payroll ltd

Sadly, the threat of umbrella company cloning doesn’t appear to have faded away. Instead, it remains a severe danger to the industry. If you work for an umbrella company, you must understand what umbrella company cloning is to protect your own business. But it isn’t just umbrella companies that need …

Umbrella company cloning remains a serious threat to the sector in 2022 » Read the full story

Contractors – don’t forget to have your say on umbrella companies to help the government improve the industry

news / January 12, 2022 January 11, 2022 / agency workers, call for evidence, call for evidence umbrella companies, contractor uk, contractors, crawford temple, fcsa, freelancers, LITRG, professional passport, regulate umbrella companies, temporary workers, umbrella companies, umbrella companies consultation, umbrella workers

The government has opened a consultation into the umbrella company marketplace, and it is seeking assistance from contractors, payroll providers and industry stakeholders. If you use an umbrella company or have feedback that could help the government, you’re being encouraged to participate. The more participants, the better the government will …

Contractors – don’t forget to have your say on umbrella companies to help the government improve the industry » Read the full story

New Government Guidance Sets Out To Help You Identify “If You Are At Risk Of Tax Avoidance”

news / November 18, 2021 November 18, 2021 / agency workers, check tax avoidance, contractors, freelancers, government, government guidance, hmrc, hmrc guidance, PAYE, risk of tax avoidance, tax avoidance, tax avoidance tool, temporary workers, umbrella companies

Published on Thursday 18th November 2021, the government has released some online guidance to help agency workers and contractors who have used the services of umbrella companies. The guidance involves the user answering a series of questions. Once the final question has been answered, a screen appears with guidance relating …

New Government Guidance Sets Out To Help You Identify “If You Are At Risk Of Tax Avoidance” » Read the full story

HMRC defends decision to only refer contractors to FCSA accredited umbrella companies and claim it’s because of a supplier

news / November 17, 2021 November 17, 2021 / agency workers, compliance, compliant umbrella companies, contractors, fcsa, Freelancer and Contractor Services Association, freelancers, hmrc, hmrc contractors, refer to fcsa, referral fcsa, temporary workers

In a recent article posted on Contractor UK, HMRC defends itself for exclusively referring contractors to umbrella companies that have an accreditation from the Freelancer and Contractor Services Association (FCSA) and claim it’s because of a supplier. From our perspective – surely this is proof that HMRC values the FCSA? …

HMRC defends decision to only refer contractors to FCSA accredited umbrella companies and claim it’s because of a supplier » Read the full story

Warning: The FCSA has website cloned

news / October 14, 2021 October 14, 2021 / agency workers, contractors, fcsa, fcsa website, fcsa website cloned, freelancers, temporary workers, umbrella companies, umbrella company, warning for contractors, warning for freelancers

The Freelancer and Contractor Services Association (FCSA) has had its website cloned by a third party. This type of behaviour is shameful. The person or persons responsible registered a similar-sounding domain on the 11th of October and have built a replica of the FCSA’s website. The cloned website includes bogus …

Warning: The FCSA has website cloned » Read the full story

What Is Umbrella Company Software And How Can It Help?

news / October 13, 2021 October 8, 2021 / agency workers, contractors, freelancers, merit, my digital, software, solution, temporary workers, umbrella companies, umbrella company, umbrella company software, umbrella in a box

Whether it’s built in-house or provided by a third party, almost every UK-based umbrella company uses umbrella company software. Not only can umbrella company software make life easier for those working at the umbrella company, but there are loads of benefits available to umbrella company employees too. Keep reading, and …

What Is Umbrella Company Software And How Can It Help? » Read the full story

Umbrella company cloning is the latest threat to the contractor payroll industry

news / October 11, 2021 March 20, 2023 / agency workers, companies house, contractors, cyber security, freelancers, hmrc, recruitment agencies, temporary workers, umbrella companies, umbrella company, umbrella company cloning

In a recent article published by the FCSA, a warning has been issued to recruitment agencies that refer candidates to umbrella companies. It’s become apparent that criminals are pretending to represent well-respected umbrellas under fake companies (with almost identical names) in an attempt to trick agencies into sending payments to …

Umbrella company cloning is the latest threat to the contractor payroll industry » Read the full story

Giant Pay confirms over 18,000 payments have been made and “all outstanding payrolls” have been processed after security breach

news / October 1, 2021 October 1, 2021 / agency workers, contractors, cyber security, giant pay, giant pay umbrella, recruitment agencies, security threats, temporary workers, umbrella companies, umbrella company, unified payroll

Over a week after Giant Pay became the “victim of a sophisticated cyber-attack”, an update on the company’s website confirmed that on Friday 1st October 2021, Giant Pay had been able to make “over 18,000 payments to workers” and had “processed and paid all outstanding payrolls”. The full announcement from …

Giant Pay confirms over 18,000 payments have been made and “all outstanding payrolls” have been processed after security breach » Read the full story

Advice for contractors and recruitment agencies to stay safe from cyber-criminals when engaging with an umbrella company

news / September 30, 2021 March 20, 2023 / agency workers, contractors, cyber security, giant pay, recruitment agencies, security threats, temporary workers, umbrella companies, umbrella company, unified payroll

The security threats faced by Giant Pay and Unified Payroll have sent shockwaves through the umbrella company marketplace. Thousands of contractors have failed to receive their hard-earned salaries, and a lack of communication has caused extreme frustration by those impacted. We sincerely hope everything is resolved shortly. Our thoughts are …

Advice for contractors and recruitment agencies to stay safe from cyber-criminals when engaging with an umbrella company » Read the full story

The pros and cons of regulating the umbrella company sector

news / September 29, 2021 October 22, 2021 / agency workers, cons, contractors, freelancers, government, pros, regulate umbrella companies, regulate umbrella company, regulate umbrella sector, self-employed, temporary workers, umbrella companies, umbrella company, umbrella company legislation, umbrella company regulations, working through an umbrella company

There has been a long-standing wish from numerous stakeholders in the temporary workforce sector for the government to regulate umbrella companies. However, is regulating the umbrella company industry the correct solution to improve compliance and protect contractors, freelancers and agency workers? We’ve had a look at the pros and cons …

The pros and cons of regulating the umbrella company sector » Read the full story

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