If you’re new to umbrella companies, there is a lot of information to take on board. However, you’ve come to the right place, because the umbrellacompanies.org.uk website is full of useful umbrella company advice! Keep reading, and we’ll summarise ten key pieces of umbrella company advice for contractors, freelancers and …
10 pieces of useful umbrella company advice for contractors » Read the full story
The Recruitment & Employment Confederation (REC) has suggested that HMRC set up a dedicated umbrella company hotline to report non-compliance, unethical behaviour, and malpractice. What a jolly good idea! Keep reading and find out more. Non-compliant umbrella companies must be reported If you ever come across a non-compliant umbrella company, …
Shock! Umbrella companies are in the news again. It’s mightily frustrating to read that some umbrellas out there completely disregard the rules and put their employees at risk of non-compliance. Now seems the perfect opportunity to reassure our readers that most UK-based umbrella companies are compliant and provide a pretty …
The truth about umbrella companies in 2021 » Read the full story
We’re grateful to have some friends within the umbrella company marketplace who are well-positioned to share valuable experiences with our readers. We’re surprised to hear the number of contractors who complain to umbrella companies about their take-home pay and how other umbrella companies are quoting them more. Some temporary workers …
Greedy contractors could be fueling tax avoidance schemes » Read the full story
We have been made aware of an umbrella company offering contractors dividend payments to increase their pay retention. We’re not here to name names, and we’re not here to scaremonger. However, we are here to educate our readers and help contractors, freelancers, and temporary workers make well-informed decisions regarding their …
Yet again, a new umbrella company fraud case has come to light, and it’s extremely disappointing. This time, greedy agencies are engaging with mini umbrella companies to reduce their costs, while putting their candidates at risk of non-compliance with HMRC. It’s never been more important to use a compliant umbrella …
Which umbrella companies are accredited by the FCSA and Professional Passport? » Read the full story
Mini umbrella companies have hit the news again as it’s become apparent that some dishonest and greedy recruitment agencies have engaged with them to pay their temporary candidates. Astonishingly, a BBC investigation found that mini umbrella companies were paying some Covid test centre workers. These pose a serious threat to …
The government has released some guidance online designed to help contractors, freelancers and agency workers who may require the services of an umbrella company. ‘Working through an umbrella company’ is a short piece of text (estimate 5-minute read) that will help cover the basics of umbrella payroll and provides you …
Official government guidance: Working through an umbrella company » Read the full story
In this short article, we’re going to highlight some of the key benefits of using an umbrella company for your payroll. Umbrella companies are often unfairly scrutinised, so we wanted to clarify to our readers that there are plenty of advantages to using them. Keep reading to find out more. …
What are the benefits of using an umbrella company? » Read the full story
As umbrella companies experience demand like never before, we wanted to create an easy-to-understand guide for contractors, freelancers and agency workers. Umbrella companies are pretty straightforward once you get your head around them. However, first-time umbrella company users are almost certainly going to have numerous questions about how they work. …
Umbrella companies are often portrayed negatively by third party organisations who have a vendetta against the government for implementing changes to off-payroll legislation. As a result, umbrella companies are frequently being made a scapegoat. Don’t believe everything you read. Here are eleven facts about umbrella companies. They operate PAYE Compliant …
Don’t believe umbrella company bad press – 11 facts about umbrella companies » Read the full story
Amazingly, there are over 500 umbrella companies in the UK. Therefore, there is plenty of choice for contractors and freelancers when choosing a company for their payroll. However, if you find a better deal elsewhere, or your current umbrella company is performing disappointingly, should you bother switching umbrella companies? We’ll …
Should you bother switching umbrella companies? » Read the full story
We recently wrote an article about the Labour Market Intermediaries report by the LITRG. The report includes some essential information on disguised remuneration, and we wanted to focus an article on this topic for the benefit of our readers. Keep reading to find out more about disguised remuneration and the associated …
A quick look at disguised remuneration » Read the full story
The integrity of umbrella companies has again been brought into question by third party stakeholders who are not impressed with the industry’s state. Most recently, it’s alleged an FCSA accredited umbrella company has been withholding accrued holiday pay from their employees and keeping it for themselves. We don’t know the …
Accrued holiday pay – how umbrella companies should pay it to contractors » Read the full story
As the countdown for off-payroll changes in the private sector draws ever closer, the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation, has released a 149-page report covering umbrella companies. The report makes for some interesting reading, and we recommend our readers take a look. …
If you find yourself inside IR35, you may decide that the best option for your payroll is an umbrella company – and you’d probably be right. However, you must understand how umbrella companies work, and how IR35 legislation is changing the way contractors are being paid. Keep reading and discover …
Using an umbrella company when inside IR35 » Read the full story
