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 Low Incomes Tax Reform (LITRG) has unveiled several valuable tips to help contractors pick a reliable umbrella company and stay clear from unethical providers. Please keep reading, and we’ll summarise the LITRG’s suggestions to help you find compliant umbrella companies. Anyone can set up an umbrella company, so be
Time and time again we hear “why is my umbrella taking so much of my money” or “my pay is too low through this umbrella, I want to find out what I can get through another one”. Sadly this is a misunderstanding, and tax avoidance schemes are to blame. They
Your Umbrella Company Does Not Decide How Much You Are Deducted – HMRC Does » Read the full story
