For your payroll, you must only work with compliant umbrella companies to avoid underpaying taxes and owing HMRC thousands of pounds. Verifying if the umbrella company you wish to work with is SafeRec Certified, FCSA Accredited, or Professional Passport Accredited is one way to make sure they are operating in …
HMRC has shared a recent press release with our team and we thought you would find it helpful. Please keep reading to learn more about the new scheme, which is associated with Darren Patrick-Green and involves contractors engaging with a Singapore company, Procorre LLP, to avoid paying Income Tax and …
HMRC expose new “complex tax avoidance scheme” » Read the full story
Umbrella companies are in high demand by contractors and freelancers looking for a compliant way to be paid while working on temporary assignments. While most offer compliant and straightforward payroll, some have recently made the headlines for the wrong reasons, including so-called “salary skimming” and signs of malpractice. In this …
FAQ – Do I have to use an umbrella company for my payroll? » Read the full story
Alliance (CS) proudly announces its recent achievement of Professional Passport accreditation, a testament to its dedication to compliance, quality, and adherence to strict industry standards. The accreditation by Professional Passport, independent from provider, agency, or end-client influence, underscores Alliance (CS)’s commitment to rigorous compliance with a wide spectrum of legislative …
Alliance (CS) Ltd awarded Professional Passport accreditation » 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
If you are a freelancer, contractor or temporary worker payroll sector stakeholder, you may have heard of SafeRec. The AI-powered software has taken the umbrella company sector by storm and has painted a new path for umbrellas looking to prove to their workers and agencies they operate compliantly with HMRC. …
Tax avoidance schemes remain a serious concern to stakeholders within the contractor payroll and staffing sector. While most umbrella companies operate compliantly, some unethically aim to boost take-home pay by reducing tax and National Insurance Contributions. Recently, the government has opened a consultation to review tougher consequences for promoters of …
Last year, Orange Genie, an FCSA-accredited umbrella company, was accused of salary skimming – a practice where an umbrella unethically retains more than its margin, and employees are left out of pocket. On the back of an investigation, the FCSA suspended Orange Genie for six months. On Friday, 5th May …
Umbrella companies are always a hot topic. With the payroll providers growing in demand, we wanted to create a friendly space for contractors, freelancers and industry stakeholders to discuss everything related to payroll. As a result, we’re delighted to announce we have launched a brand new umbrella company forum, and …
New umbrella company forum launched by team at UCHQ » Read the full story
CEO of Professional Passport, Crawford Temple, has called for the government to “start with a clean sheet of paper and design a strategy for the modern worker”. This comes following the announcement that the IR35 off-payroll working rules are to be repealed from April 2023. Keep reading and see what …
The government has released comprehensive guidance (26th July 2022) to help businesses and workers understand employment status and rights to ensure legislation is adhered to, and there are no ongoing complications. Keep reading, and we’ll summarise some of the important conclusions within the new guidance. “One-stop shop guidance” Released on …
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 …
As if choosing a compliant umbrella company isn’t difficult enough! There are over 500 umbrellas in the UK, and while most are compliant, some are tax avoidance schemes preying on vulnerable contractors and freelancers. In an article by Contractor UK, a ‘sham’ accreditation body has been identified. If you’re a …
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 …
In a report (25th May 2022) by the Committee of Public Accounts entitled ‘Lessons from implementing IR35 reforms’, HMRC is accused of having “done little to understand the wider impact of the reforms on workers or labour markets”. Keep reading as we summarise the report and share IPSE’s views on …
If you’re a contractor or freelancer, there are many rules and regulations to understand within your sector – especially when it comes to payroll. For example, with so many temporary workers finding themselves inside IR35 since recent changes to off-payroll working rules, hundreds of thousands of workers have been required …
10 organisations every contractor and freelancer should be following » Read the full story
