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The warning signs of a tax avoidance scheme

The warning signs of a tax avoidance scheme

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 …

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Limited VS Umbrella Which Option Should You Choose FI

Limited vs umbrella: which option should you choose?

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 …

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Umbrella Company Expenses

A Quick Guide to Umbrella Company Expenses

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 …

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Understanding Umbrella Company Take Home Pay

Understanding umbrella company take home pay

One of the most frequently asked questions by contractors and freelancers before they register with an umbrella company is how much they will get paid? We thought we’d answer this question in a simple and straightforward way so you can easily understand the umbrella company take home pay. The margin …

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Umbrella Company Benefits

Umbrella company benefits – 10 reasons why using a brolly is a good idea!

If you are new to the world of contracting, there are lots of different options to consider. Arguably the most critical decision is whether to set up your own limited company or work through an umbrella company. With the legislation changes to off-payroll working in the private sector just around …

Umbrella company benefits – 10 reasons why using a brolly is a good idea! » Read the full story

Umbrella companies aren't finished yet - according to HMRC

Umbrella companies aren’t finished yet – according to HMRC

This week when speaking to a contractor, I got told: “your lot are finished, HMRC have seen to that.” Quite who my “lot” are, or how we have offended this gentleman – I don’t know. However, this did encourage me to go and do some research into what this chap …

Umbrella companies aren’t finished yet – according to HMRC » Read the full story

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