An enormous number of illegitimate umbrella companies that operate tax avoidance strategies to lower their tax responsibilities to HMRC are found by HMRC each year, despite their apparent legitimacy. An individual employed by these schemes (even if unaware of any illegal activity) could be subject to severe penalties. We’ve compiled …
Spotting a tax avoidance scheme in 2024 » Read the full story
For your payroll, you must only work with compliant umbrella companies to avoid underpaying taxes and owing HMRC thousands of pounds. Verifying if the umbrella company you wish to work with is SafeRec Certified, FCSA Accredited, or Professional Passport Accredited is one way to make sure they are operating in …
Last year, the Employment Appeal Tribunal ruled against Gary Smith, a past heating engineer at Pimlico Plumbers, regarding backdated holiday pay. However, having appealed further, the Supreme Court has ruled in favour of the previous employee in a ground-breaking case. Keep reading, and we’ll summarise the recent case and remind …
Switching umbrella companies is a straightforward process, and providing you’re joining a reputable provider with streamlined processes in place, it won’t take long. However, are you better off putting up with the substandard service until you finish your current assignment, or are you better off moving mid-contract? Keep reading, and …
Can You Switch Umbrella Company When Mid-Contract? » Read the full story
If you’re interested in using an umbrella company for your payroll, you may be tempted to identify the cheapest umbrella company in the marketplace and use them. However, is this a good idea? This article explains why you need to consider more than just the umbrella company’s margin before you …
Is the cheapest umbrella company the best option? » Read the full story
Before joining an umbrella company, there are plenty of things you should check. This article will provide you with 10 helpful tips to help you choose an umbrella company you can trust, and one that’ll provide you with an efficient payroll service. Request a take home pay calculation Umbrella companies …
10 tips to take on board before joining an umbrella company » Read the full story
The coronavirus pandemic has significantly impacted the world, and especially the UK’s temporary workforce. However, while it may be tempting to choose an umbrella that’s offering inflated pay retention, its crucial contractors, freelancers and agency workers choose a compliant umbrella company for their payroll. Keep reading, and we’ll explain 10 …
10 reasons to choose a compliant umbrella company » Read the full story
If you’re new to umbrella companies, there is a lot of information to take on board. However, you’ve come to the right place, because the umbrellacompanies.org.uk website is full of useful umbrella company advice! Keep reading, and we’ll summarise ten key pieces of umbrella company advice for contractors, freelancers and …
10 pieces of useful umbrella company advice for contractors » Read the full story
We’ve noticed a lot of contractors moaning about their umbrella company because of pay retention. Nobody wants to lose large chunks of their income in taxes, but unfortunately, we all have to contribute to society. It’s not the umbrella company’s fault you’re inside IR35, and we’ll explain more in this …
It’s not the umbrella company’s fault you’re inside IR35! » Read the full story
Non-compliant umbrella companies are causing havoc in the industry. However, it’s worth remembering that compliant umbrella companies help the government and don’t contribute towards lost tax. Please keep reading, and we’ll explain what we mean. We also look at the difference between compliant and non-compliant umbrella companies. Helping contractors pay …
Compliant umbrellas help the government and don’t contribute towards lost tax » Read the full story
Yet again, a new umbrella company fraud case has come to light, and it’s extremely disappointing. This time, greedy agencies are engaging with mini umbrella companies to reduce their costs, while putting their candidates at risk of non-compliance with HMRC. It’s never been more important to use a compliant umbrella …
Which umbrella companies are accredited by the FCSA and Professional Passport? » Read the full story
Thankfully, most UK-based umbrella companies are compliant with HMRC rules and regulations and have their employees’ best interests at heart. However, a few let down the industry and operate non-compliantly. Here is how to report a non-compliant umbrella company to the UK’s leading professional bodies (the FCSA and Professional Passport) …
How to report a non-compliant umbrella company » Read the full story
There are masses of umbrella companies out there! With so many to choose from, how do you know which one is best? We recommend you look for an FCSA accredited umbrella and then make your decision from there. It’s a great way to start your search. But you may be …
What are the benefits of using an FCSA accredited umbrella company? » Read the full story
If you’re interested in using a contractor umbrella company for your payroll, but aren’t sure how they work, you’ve found the right article! Here are 10 facts about umbrella companies. How many of the following were you already aware of? Firstly, we must make it clear – the following facts …
10 facts about using a contractor umbrella company » Read the full story
Throughout our website, we reiterate how important it is that contractors and freelancers only use compliant umbrella companies for their payroll. And, we frequently mention that using an FCSA accredited umbrella company is a great idea! But who is the FCSA (Freelancer & Contractor Services Association), and why are we …
Who is the FCSA, and why does FCSA accreditation mean so much to its members? » Read the full story
