We’ve outlined the primary reasons why contractors and freelancers prefer to use umbrella companies for their payroll for contracts inside IR35. Additionally, we’ve provided an overview of what an umbrella company is for your information. An umbrella company: what is it? An umbrella company is frequently used by recruitment firms …
What are the benefits of becoming an umbrella company employee? » Read the full story
Last year, the Employment Appeal Tribunal ruled against Gary Smith, a past heating engineer at Pimlico Plumbers, regarding backdated holiday pay. However, having appealed further, the Supreme Court has ruled in favour of the previous employee in a ground-breaking case. Keep reading, and we’ll summarise the recent case and remind …
Umbrella companies are growing in demand as a result of the impending changes to off-payroll in the private sector (IR35) legislation. However, thousands of contractors who are used to contracting through a personal service company may be asking ‘why use an umbrella company?’ The following tips should help. Easy alternative …
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
The OTS has now identified 47 out of 1,042 tax reliefs that could be abolished and a further 17 that could be simplified. It’s long awaited report was published last Thursday.
