April 2021 | Umbrella Companies

Month: April 2021

What are the disadvantages of using an umbrella company?

What are the disadvantages of using an umbrella company?

Before this article, we wrote a short piece about the advantages of using umbrella companies. Now, we wanted to look at the other side and write another blog – this time focusing on the disadvantages of using an umbrella company. Keep reading to find out more. Not the most tax-efficient …

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What are the benefits of using an umbrella company?

What are the benefits of using an umbrella company?

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. …

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Check Out Our Free Umbrella Company Guide

Check out our free umbrella company guide written for contractors, freelancers and agency workers

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. …

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Don't believe umbrella company bad press – 11 facts about umbrella companies

Don’t believe umbrella company bad press – 11 facts about umbrella companies

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 …

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How To Report A Non-Compliant Umbrella Company

How to report a non-compliant umbrella company

Thankfully, most UK-based umbrella companies are compliant with HMRC rules and regulations and have their employees’ best interests at heart. However, a few let down the industry and operate non-compliantly. Here is how to report a non-compliant umbrella company to the UK’s leading professional bodies (the FCSA and Professional Passport) …

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Should You Bother Switching Umbrella Companies?

Should you bother switching umbrella companies?

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 …

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