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Can You Use Salary Sacrifice With Umbrella Companies?

Can you use salary sacrifice with umbrella companies?

Salary sacrifice isn’t for everyone. However, it can be an excellent way for employees to boost their earnings in a tax-efficient manner. This article sets out to answer the most common questions on salary sacrifice with umbrella companies. Keep reading to find out more. Do umbrella companies offer salary sacrifice? […]

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How much can contractors put in their pension fund this year?

Contractors are no doubt aware that the government recently changed the rules on the amount of money people can put aside in a pension scheme and still benefit from tax relief. It used to be £225,000, but earlier this year chancellor Osborne reduced that to a mere £50,000 per year.

How much can contractors put in their pension fund this year? » Read the full story

SMEs spend weeks trying to understand government regulations

The problem of the multitude of different government regulations is now so bad that businesses often breach them simply because they don’t know which rules apply to them, according to a new report from the National Audit Office.

SMEs spend weeks trying to understand government regulations » Read the full story

Freelancers must plan ahead

Umbrella company contractors should start considering their retirement now. Recent research, carried out by Defaqto, shows that 44% of adults in the UK are not confident that they will be able to sustain a reasonable standard of living once they retire. That’s a rise from 38% last year.

Freelancers must plan ahead » Read the full story

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