Today (30th October 2024), Chancellor Rachel Reeves delivered the new Labour government’s first Budget. Our latest article summarises the key announcements in the Autumn Budget 2024. Overview of the Autumn Budget 2024 The Chancellor announced that the Autumn Budget aims to fix the foundations of the economy and deliver change …
Autumn Budget 2024: What were the Chancellors’ Key Announcements? » Read the full story
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 …
Everything you need to know about non-compliant umbrella companies » Read the full story
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
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
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 …
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 …
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 …
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
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 …
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 …
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? …
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 …
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
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 …
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
We’re reading more and more trash online about umbrella companies and how “dodgy” and “unethical” they all are. We’re not here to mislead our readers, and some umbrella companies have acted poorly in the past and should be black-listed. However, most UK-based umbrella companies provide a valuable service that’s reliable …
Finding a good umbrella company: 10 tips for temporary workers » Read the full story
