What is Pay as You Earn (PAYE)?
If you’re using an umbrella company for your payroll, or you’re considering it, you should already know what…
Hammond Does U-Turn on Tax Grab
Just like I reported about last week, the Chancellor Philip Hammond went after the self employed in his budget with a tax grab, and many were outraged!
Tories court contractors by suggesting tax system simplification?
The Conservatives are courting freelancers and umbrella company contractors by breaking news that a future Conservative government may overhaul the tax system.
Will rising unemployment create more umbrella company contractors?
Last week’s unemployment figures made depressing reading for everybody, including umbrella company contractors.
Treasury admits income tax and NI cannot merge completely
Some limited company contractors have been hoping that the government’s proposal to align income tax and National Insurance would be the final nail in the coffin for IR35.
Should umbrella companies be concerned about income tax/NI merger?
Umbrella company contractors may be interested to learn that a firm of chartered accountants has expressed concerns about the plan to merge income tax and national insurance.
Firms need tax breaks to encourage them to hire young people
Prospects aren’t looking too bad for contractors at the moment, but unfortunately the UK’s young people are still struggling to find employment.
Confidence amongst small businesses collapsed in Q3, says FSB
Umbrella company contractors may be concerned to learn that small business confidence collapsed in the third quarter, according to the Federation of Small Businesses.
Poor service standards have been going on for years in HMRC
Umbrella company contractors may be interested to learn that MPs do not accept HMRC’s excuse that problems with implementing NPS were to blame for poor standards of service.
Umbrella companies warned on using expense scheme
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?
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.
Should sole traders be exempt from certain legislation?
The British Chamber of Commerce recently called on the coalition to encourage sole traders to grow by making them exempt from certain legislation.
