If you’re interested in using an umbrella company for your payroll, you may be tempted to identify the cheapest umbrella company in the marketplace and use them. However, is this a good idea? This article explains why you need to consider more than just the umbrella company’s margin before you …
Is the cheapest umbrella company the best option? » Read the full story
There is no hiding from the fact that changes to IR35 (off-payroll) have resulted in more unscrupulous tax avoidance schemes targetting workers who require umbrella payroll (PAYE). It’s disappointing to see. While most umbrellas are UK based and fully compliant with HMRC’s rules and regulations, some are preying on vulnerable …
The demand for umbrella companies is rising due to recent changes to off-payroll working rules (IR35). It’s estimated that hundreds of thousands of temporary workers require the services of an umbrella for their payroll. Our latest article is aimed at both well-established contractors and those who are becoming temporary workers …
Sadly, it appears that a well-known umbrella company has filed for liquidation – leaving hundreds of contractors potentially without pay. This is a terrible scenario, and our deepest sympathies are with all the affected employees. We sincerely hope that all outstanding payments are made and no temporary worker finds themselves …
Helpful information if you are unpaid by an umbrella company » Read the full story
The team at UCHQ has been extremely busy over the last few months building a new umbrella company calculator for contractors, freelancers and temporary workers in the UK. Now, we’re pleased to announce that Umbrella Company Calculator is live. If you’re interested in an accurate and free umbrella company calculation, …
New umbrella company calculator sets out to help the UK’s temporary workforce » Read the full story
In a series of tweets posted on Tuesday 26th October, Oasis Umbrella announced it has been subjected to umbrella company cloning. The FCSA accredited umbrella company released a series of messages to its followers warning them about cloning and how to stay safe from potential communication by criminals. Keep reading …
Oasis Umbrella issues warning that it has been cloned » Read the full story
The government may not actively endorse umbrella companies, but they have recently released some helpful guidance online for temporary workers, recruitment agencies and businesses that engage with contractors and freelancers. The latest guidance (released in October 2021) is written for recruitment agencies and firms that use temporary workers and is …
The Freelancer and Contractor Services Association (FCSA) has had its website cloned by a third party. This type of behaviour is shameful. The person or persons responsible registered a similar-sounding domain on the 11th of October and have built a replica of the FCSA’s website. The cloned website includes bogus …
Whether it’s built in-house or provided by a third party, almost every UK-based umbrella company uses umbrella company software. Not only can umbrella company software make life easier for those working at the umbrella company, but there are loads of benefits available to umbrella company employees too. Keep reading, and …
What Is Umbrella Company Software And How Can It Help? » Read the full story
In a recent article published by the FCSA, a warning has been issued to recruitment agencies that refer candidates to umbrella companies. It’s become apparent that criminals are pretending to represent well-respected umbrellas under fake companies (with almost identical names) in an attempt to trick agencies into sending payments to …
Before you can officially complete your registration with an umbrella company, you will be required to provide them with plenty of personal information, including your name, address and bank account details. This article explains what personal information you need to give an umbrella company to be paid correctly and compliantly. …
What personal information do you need to give to an umbrella company? » Read the full story
Over a week after Giant Pay became the “victim of a sophisticated cyber-attack”, an update on the company’s website confirmed that on Friday 1st October 2021, Giant Pay had been able to make “over 18,000 payments to workers” and had “processed and paid all outstanding payrolls”. The full announcement from …
The security threats faced by Giant Pay and Unified Payroll have sent shockwaves through the umbrella company marketplace. Thousands of contractors have failed to receive their hard-earned salaries, and a lack of communication has caused extreme frustration by those impacted. We sincerely hope everything is resolved shortly. Our thoughts are …
There has been a long-standing wish from numerous stakeholders in the temporary workforce sector for the government to regulate umbrella companies. However, is regulating the umbrella company industry the correct solution to improve compliance and protect contractors, freelancers and agency workers? We’ve had a look at the pros and cons …
The pros and cons of regulating the umbrella company sector » Read the full story
Another umbrella company has been targeted by scammers resulting in failed payments to umbrella company employees. This time, Unified Payroll has been left “unable to remit any payments to any workers” due to “severe issues” with their payroll system. The entire company update is posted below. If you are an …
Leading umbrella company Giant Pay was forced to close down their systems on Friday 24th September due to “suspicious activity”. As a result, thousands of contractors have been left unpaid. Here is what we know so far. We sincerely hope the matter is resolved soon. If you use Giant Pay …
