An overview of the off-payroll working restrictions and IR35 A section of tax legislation known as IR35 went into effect across the United Kingdom in April 2000 and aims to differentiate between contractors who operate as legitimate self-employed businesses (via a limited company often referred to as a personal service …
We’ve added a new video to our YouTube series. In this short animated clip, we explain what expenses you can claim through an umbrella company. Please scroll down to see the video and the supporting transcript. Transcript – Can you claim expenses through an umbrella company? Before 2016, many umbrella …
Video: Can you claim expenses through an umbrella company? » Read the full story
In 2016, the government introduced legislation referred to as Supervision, Direction and Control (SDC). Effectively, this put an end to contractors and freelancers working through an umbrella company from claiming tax relief on travel and subsistence expenses. However, we still hear reports of umbrella companies promoting that they will process …
Be Wary Of Any Umbrella Company That’s Actively Promoting Expenses » Read the full story
Supervision, Direction and Control (SDC) came into effect on 6th April 2016 to limit the number of contractors who were able to claim travel and subsistence expenses. The legislation was introduced because HMRC believed that many contractors working through umbrella companies were taking advantage of tax relief – when they …
What is Supervision, Direction and Control? » Read the full story
