Contractors new to umbrella companies or transitioning from limited company work often ask, “What is an umbrella company margin?” This article explains the umbrella margin, how it’s deducted, and what impact it has on your take-home pay. What is an Umbrella Margin – and Where Does Your Money Go? If […]
What is an Umbrella Margin? Where Your Money Goes: Explained » Read the full story
The Autumn Budget 2024 unveiled the plans to crack down on noncompliance in the umbrella world, raise National Minimum Wage, and increase Employer’s National Insurance Contributions to name a few. Like a line of dominos, these changes are sure to impact everyone in the contractor chain, including agencies and end
Under new employment legislation, recruitment agencies will present contractors and agency workers with a Key Information Document before a contract is signed or agreed. The Key Information Document will give you a realistic take home pay projection and outline the deductions you can expect to see to your pay. The
What is a Key Information Document? » Read the full story
