expenses Archives | Umbrella Companies

Be Wary Of Any Umbrella Company That’s Actively Promoting Expenses

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 …

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Getting the most out of an umbrella company calculator

Expenses, news, SDC / December 1, 2020 February 15, 2021 / contractor, employee, expenses, freelancer, hmrc, income, pay calculation, PAYE, pension, student loan, tax, tax code, umbrella company, umbrella company calculation, umbrella company calculator, umbrella company paye, umbrella company take home pay

Whether you’re new to contracting or you’ve been doing it for donkey’s years, you’re probably keen to get an accurate indication of your take home pay before starting an assignment. And, as we’re dedicated to helping the UK’s temporary workforce understand all-things umbrella – we thought it’d be really useful …

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A Quick Guide to Umbrella Company Expenses

Expenses, SDC, Umbrella company / November 26, 2020 October 21, 2021 / contract worker, contractor, expenses, freelancer, ir35, PAYE, private sector, public sector, self-employed, temporary workers, travel and subsistence expenses, umbrella companies, umbrella company, Umbrella company contractors

If you are a director of your own limited company, you will probably be used to claiming tax relief on a variety of business-related expenses. While this used to be the case for umbrella company employees, the rules have recently tightened around umbrella company expenses, and the tax relief you …

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Umbrella companies warned on using expense scheme

news / July 26, 2011 March 20, 2023 / employment business, expenses, hmrc, income tax, national insurance, PAYE, recruiters, tax, tax liabilities, travel and subsistence expenses, travel expenses, umbrella companies

HMRC has issued a warning to recruiters, including umbrella companies, against the adoption of a new business model for travel and subsistence.

Limited Company? Umbrella? Self-Employed Umbrella?

news / July 19, 2011 July 19, 2011 / compare umbrella companies, contractor, dispensation, expenses, freelancer, hmrc, ir35, limited company, Managed Service Companies, MSC, national insurance, PAYE, self employed umbrella company, tax, umbrella companies, umbrella company, vat

If you are entering into a contract with an agency you will no doubt have been faced with the daunting options of choosing your route – either going PAYE directly with the agency, going limited or using an umbrella company.

Self-Employed Umbrella Companies

news / March 22, 2011 March 17, 2011 / agency workers directive, awd, AWR, Construction Industry, David Harmer, expenses, hmrc, holiday pay, MSC legislation, mutuality of obligations, P11D, p45, P60, PAYE, self employed umbrella companies, sick pay, umbrella company

Self-employed umbrellas seem to be the new “in thing” – it’s almost like umbrella companies around the country had a eureka moment all at once and decided to run a “new model” to catch everyone they couldn’t put through the typical PAYE umbrella.

Education, Education, Education…

news / March 18, 2011 March 17, 2011 / agencies, David Harmer, expenses, managed service company, national minimum wage, overarching employment contract, preferred suppliers list, PSL, recruitment agencies, travel and subsistence expenses, umbrella companies, umbrella company

More and more umbrella companies are cropping up on every street corner and more and more agencies closing ranks and whittling down their umbrella company lists, it is becoming increasingly harder for umbrella providers to compete it would seem.

HMRC crack down on unscrupulous umbrella companies

news / January 7, 2011 January 6, 2011 / contractors, expenses, hmrc, national minimum wage, nmw, recruitment, subsistence, tax liabilities, tax relief, travel, travel expenses, umbrella companies

Amendments to the National Minimum Wage Regulations came into force on the 1st of January this year and umbrella company contractors should be aware of their implications.

Travel and subsistence expenses guidelines for umbrella companies

news / July 29, 2010 July 29, 2010 / crystal umbrella, employers nics, expenses, expenses policy, national insurance, national minimum wage, nics, nmw, rec, subsistence, temporary workers, temporary workplace, travel, travel expenses, umbrella companies

On Tuesday the government published their proposed amendments to the travel and subsistence expenses scheme for workers receiving the National Minimum Wage.

Agency bring in stricter rules for umbrella companies

news / February 18, 2010 March 9, 2010 / expenses, gangmasters licensing authority, gla, subsistence, travel expenses, umbrella companies

As of yesterday any gangmaster or umbrellas company that abuses the tax free allowance travel scheme will have their licences revoked by the GLA.

3 reasons why umbrella companies benefit contractors

IR35, news / January 30, 2010 March 9, 2010 / contractor pensions, expenses, hmrc, umbrella companies

An umbrella company is the ideal solution for contractors who do not wish to set up their own limited company or become self employed. For contractors seeking a way of working which allows them to work on several contracts without administration, then an umbrella company is the answer.

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