There are masses of umbrella companies out there! With so many to choose from, how do you know which one is best? We recommend you look for an FCSA accredited umbrella and then make your decision from there. It’s a great way to start your search. But you may be …
What are the benefits of using an FCSA accredited umbrella company? » Read the full story
If you’re interested in using a contractor umbrella company for your payroll, but aren’t sure how they work, you’ve found the right article! Here are 10 facts about umbrella companies. How many of the following were you already aware of? Firstly, we must make it clear – the following facts …
10 facts about using a contractor umbrella company » Read the full story
Our website is full of useful information to help contractors and freelancers identify the UK’s best umbrella companies. However, we haven’t dedicated an article that explains how to identify the worst umbrella companies. Therefore, we’ve collated 9 points that we think you need to be aware of. Whatever you do …
How to identify the worst umbrella companies in the marketplace » Read the full story
With upcoming changes to off-payroll legislation looming, more and more contractors and freelancers are likely to require an umbrella company’s services. However, with hundreds of providers in the UK, what should you look for from an umbrella company in 2021? Keep reading, and we’ll explain the most important factors to …
What to look for from an umbrella company in 2021 » Read the full story
If you’re using an umbrella company for your payroll, or you’re considering it, you should already know what Pay as You Earn (PAYE) is. However, if you’re not, or you’d like a friendly reminder – keep reading! We’ll cover the basics. What is PAYE? Pay as You Earn, or usually …
Time and time again we hear “why is my umbrella taking so much of my money” or “my pay is too low through this umbrella, I want to find out what I can get through another one”. Sadly this is a misunderstanding, and tax avoidance schemes are to blame. They …
Your Umbrella Company Does Not Decide How Much You Are Deducted – HMRC Does » Read the full story
Using an umbrella company is a simple, hassle-free way to get paid as a contractor, and the majority of umbrella companies operate in a compliant fashion. Unfortunately, there are a few unscrupulous tax avoidance schemes that disguise themselves as umbrella companies, and using one of these could land you in …
The warning signs of a tax avoidance scheme » Read the full story
Changes to off-payroll in the private sector are set to roll out in April 2021. They may be a year late, but they’re coming! It’s expected that several limited company contractors may find themselves inside IR35 at some point in the future, and as a result, umbrella companies may see …
We all like to get a return on our investments – a return that leaves us with the satisfying feeling of having received value for money. But what about umbrella companies? It’s no secret that limited company contractors who are told they’re inside IR35 are likely to see a reduction …
Are there any benefits to using an umbrella company? » Read the full story
A majority of umbrella companies are compliant, but it only takes one or two non-compliant providers to come to light to give the marketplace a bad name. Well, it’s happened again. And it’s really annoyed us. We’re not going to announce the names of the irresponsible providers that are responsible, …
Contracting through a limited company has many benefits, with the most obvious being the tax advantages for those who are outside IR35. However, using an umbrella company has its advantages too! We’re going to investigate both options so that we can help you decide which one is best for your …
Limited vs umbrella: which option should you choose? » Read the full story
A report published on the 26th November 2020 by HMRC discusses marketed tax avoidance schemes, and it makes for some fascinating reading. Entitled ‘Use of marketed tax avoidance schemes in the UK’, HMRC cover the size of the UK’s tax avoidance market, promoters of tax avoidance schemes, and what HMRC …
Changes to off-payroll in the private sector were scheduled to roll out in April 2020. However, after one of the most stressful and unpredictable years of all time, the amendments were put on hold for 12 months (Coronavirus pandemic). Despite a few rumours that the legislation changes will be postponed …
Whether you’re new to contracting or you’ve been doing it for donkey’s years, you’re probably keen to get an accurate indication of your take home pay before starting an assignment. And, as we’re dedicated to helping the UK’s temporary workforce understand all-things umbrella – we thought it’d be really useful …
Getting the most out of an umbrella company calculator » Read the full story
If you are a director of your own limited company, you will probably be used to claiming tax relief on a variety of business-related expenses. While this used to be the case for umbrella company employees, the rules have recently tightened around umbrella company expenses, and the tax relief you …
A Quick Guide to Umbrella Company Expenses » Read the full story
The following editorial has been written for umbrellacompanies.org.uk by Umbrella Company UK – an FCSA accredited umbrella company. Umbrella company deductions are single handily the cause for most confusion to contractors and freelancers – and it’s no surprise. While using an umbrella company is very similar to permanent employment (PAYE), …
Understanding Umbrella Company Deductions [Sponsored Editorial] » Read the full story
