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New Government Guidance Designed To Help Employers And Workers Understand Employment Status And Rights

New government guidance designed to help employers and workers understand employment status and rights

The government has released comprehensive guidance (26th July 2022) to help businesses and workers understand employment status and rights to ensure legislation is adhered to, and there are no ongoing complications. Keep reading, and we’ll summarise some of the important conclusions within the new guidance. “One-stop shop guidance” Released on …

New government guidance designed to help employers and workers understand employment status and rights » Read the full story

Umbrella company cloning remains a serious threat to the sector in 2022

Sadly, the threat of umbrella company cloning doesn’t appear to have faded away. Instead, it remains a severe danger to the industry. If you work for an umbrella company, you must understand what umbrella company cloning is to protect your own business. But it isn’t just umbrella companies that need …

Umbrella company cloning remains a serious threat to the sector in 2022 » Read the full story

Helpful information if you are unpaid by an umbrella company

Helpful information if you are unpaid by an umbrella company

Sadly, it appears that a well-known umbrella company has filed for liquidation – leaving hundreds of contractors potentially without pay. This is a terrible scenario, and our deepest sympathies are with all the affected employees. We sincerely hope that all outstanding payments are made and no temporary worker finds themselves …

Helpful information if you are unpaid by an umbrella company » Read the full story

New Government Guidance Sets Out To Help You Identify “If You Are At Risk Of Tax Avoidance”

New Government Guidance Sets Out To Help You Identify “If You Are At Risk Of Tax Avoidance”

Published on Thursday 18th November 2021, the government has released some online guidance to help agency workers and contractors who have used the services of umbrella companies. The guidance involves the user answering a series of questions. Once the final question has been answered, a screen appears with guidance relating …

New Government Guidance Sets Out To Help You Identify “If You Are At Risk Of Tax Avoidance” » Read the full story

The pros and cons of regulating the umbrella company sector

The pros and cons of regulating the umbrella company sector

There has been a long-standing wish from numerous stakeholders in the temporary workforce sector for the government to regulate umbrella companies. However, is regulating the umbrella company industry the correct solution to improve compliance and protect contractors, freelancers and agency workers? We’ve had a look at the pros and cons …

The pros and cons of regulating the umbrella company sector » Read the full story

Professional Passport release report on umbrella companies: The Good, The Bad and The Ugly

Professional Passport release report on umbrella companies: The Good, The Bad and The Ugly

Professional Passport, payroll intermediary compliance specialists, has released a thorough report on umbrella companies. In the 38-page document, Crawford Temple, CEO at Professional Passport, outlines the industry’s legislation for 40 years. He then provides a series of suggestions to HMRC on how to regulate umbrella companies and stop non-compliance. It’s …

Professional Passport release report on umbrella companies: The Good, The Bad and The Ugly » Read the full story

Compliant umbrellas help the government and don't contribute towards lost tax

Compliant umbrellas help the government and don’t contribute towards lost tax

Non-compliant umbrella companies are causing havoc in the industry. However, it’s worth remembering that compliant umbrella companies help the government and don’t contribute towards lost tax. Please keep reading, and we’ll explain what we mean. We also look at the difference between compliant and non-compliant umbrella companies. Helping contractors pay …

Compliant umbrellas help the government and don’t contribute towards lost tax » Read the full story

Late Self-Assessment Tax Returns Will Avoid Fine If Submitted By 28 February, HMRC Confirms

Late self-assessment tax returns will avoid fine if submitted by 28 February, HMRC confirms

To help people cope with the pressure of the pandemic and the confusions it’s bought to the UK, HMRC has confirmed taxpayers now have until the 28 February 2021 to submit their 2019/20 tax returns – to avoid a penalty. However, it’s still advisable to meet the end of January …

Late self-assessment tax returns will avoid fine if submitted by 28 February, HMRC confirms » Read the full story

The FCSA fights for contingent workers in response to lockdown #3

The FCSA fights for contingent workers in response to lockdown #3

Nobody wanted a third lockdown, but after the rising numbers of coronavirus cases and associated deaths, the government was left with very little choice. And, to the governments credit, they have provided several support packages for businesses and workers to help keep the impact of lockdown number three to a …

The FCSA fights for contingent workers in response to lockdown #3 » Read the full story

How to identify the worst umbrella companies in the marketplace

How to identify the worst umbrella companies in the marketplace

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

Useful tips for limited company contractors who may need to use an umbrella company in 2021

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 …

Useful tips for limited company contractors who may need to use an umbrella company in 2021 » Read the full story

Mini Umbrella Companies (MUC) Giving Industry Bad Name

“Mini umbrella companies” (MUC) are the latest thing to try and give the marketplace a bad name

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, …

“Mini umbrella companies” (MUC) are the latest thing to try and give the marketplace a bad name » Read the full story

HMRC release corporate report that discusses marketed tax avoidance schemes

HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant”

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 …

HMRC issue warning in new corporate report covering marketed tax avoidance schemes – “please be vigilant” » 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

What is a tax avoidance scheme?

How to spot a tax avoidance scheme, and why you should never use one

To put it bluntly – tax avoidance schemes are evil. They trick you into thinking paying less tax is fine and they’ll help you retain more of your hard-earned money. But what they fail to mention is the fact that if you engage with one, you’ll more than likely face …

How to spot a tax avoidance scheme, and why you should never use one » Read the full story

What is a Key Information Document?

What is a Key Information Document?

Under new employment legislation, recruitment agencies will present contractors and agency workers with a Key Information Document before a contract is signed or agreed. The Key Information Document will give you a realistic take home pay projection and outline the deductions you can expect to see to your pay. The …

What is a Key Information Document? » Read the full story

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