In our latest video, we explain how compliant umbrella companies should process the holiday pay of employees. We hope you find it helpful. Please visit the Umbrella Companies YouTube Channel for more short videos that answer the most frequently asked questions about umbrella companies. Video transcript – How should umbrella …
Video: How should umbrella companies process holiday pay? » 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
Umbrella companies are getting a bad name because a few have let down their employees regarding holiday pay. This article isn’t here to argue for or against umbrella companies. Instead, this short text will help you understand how holiday pay should work when you are paid through an umbrella company. …
The Freelancer & Contractor Services Association (FCSA) has recently updated its Codes of Compliance to ensure all members process holiday pay correctly and in the best interests of temporary workers. However, some stakeholders have responded negatively to the changes, suggesting the wording is a watered-down version of what should be …
The Freelancer & Contractor Services Association (FCSA) has recently updated its Codes of Compliance to clarify the confusion surrounding umbrella companies and holiday pay and to strengthen compliance by its members. However, the recent updates have been scrutinised by industry stakeholders. Contractor UK said the “FCSA rubbed out words proposed …
The FCSA has recently updated its Codes of Compliance in response to industry-wide frustration surrounding a few umbrella companies retaining their workers’ holiday pay. Such practice is providing a handful of umbrellas with significant boosts in profits, but the practice is unethical and has rightfully been heavily reported on. In …
Umbrella companies and holiday pay – what is going on in the industry? » Read the full story
Compliant umbrella companies will not only explain how holiday pay works before you register with them, but they’ll also ensure they process it compliantly and as requested. Frustratingly, this hasn’t always been the case and a few umbrella companies have been accused of retaining holiday pay for themselves – leaving …
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 …
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 …
Shock! Umbrella companies are in the news again. It’s mightily frustrating to read that some umbrellas out there completely disregard the rules and put their employees at risk of non-compliance. Now seems the perfect opportunity to reassure our readers that most UK-based umbrella companies are compliant and provide a pretty …
The truth about umbrella companies in 2021 » Read the full story
The integrity of umbrella companies has again been brought into question by third party stakeholders who are not impressed with the industry’s state. Most recently, it’s alleged an FCSA accredited umbrella company has been withholding accrued holiday pay from their employees and keeping it for themselves. We don’t know the …
Accrued holiday pay – how umbrella companies should pay it to contractors » Read the full story
As the countdown for off-payroll changes in the private sector draws ever closer, the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation, has released a 149-page report covering umbrella companies. The report makes for some interesting reading, and we recommend our readers take a look. …
The following editorial has been written for umbrellacompanies.org.uk by Umbrella Company UK – an FCSA accredited umbrella company. Umbrella company deductions are single handily the cause for most confusion to contractors and freelancers – and it’s no surprise. While using an umbrella company is very similar to permanent employment (PAYE), …
Understanding Umbrella Company Deductions [Sponsored Editorial] » Read the full story
Umbrella company holiday pay can confuse contractors and freelancers, and this doesn’t surprise us. Umbrella company holiday pay is slightly unusual, but don’t worry – it’s not as confusing as you think. Whether you’re new to contracting, unsure how umbrella companies work, or just want a friendly reminder – we’ll …
How does Holiday Pay work with an umbrella company? » Read the full story
As the weeks go on here at UCHQ, the world is starting to return to normal for us, thankfully. We are all back in our socially distanced office (although we could just call that ‘the office’ – it wasn’t like we were that close to start with). The intern is …
Another week, another sting in the tail for some contractors who are using umbrella companies. If it wasn’t bad enough that many contractors felt they had no choice but to move to an umbrella company, from a limited company because of the imminent (and now deferred) IR35 legislation, those self-same …
