As umbrella companies are in higher demand than ever before, we’ve created an umbrella example to help explain how the payroll businesses work, and how the supply chain interacts to ensure temporary workers are paid on time. Keep reading for more information, including access to our umbrella company example infographic. …
Advice for contractors: An umbrella company example » Read the full story
We’ve noticed a lot of contractors moaning about their umbrella company because of pay retention. Nobody wants to lose large chunks of their income in taxes, but unfortunately, we all have to contribute to society. It’s not the umbrella company’s fault you’re inside IR35, and we’ll explain more in this …
It’s not the umbrella company’s fault you’re inside IR35! » Read the full story
We’re grateful to have some friends within the umbrella company marketplace who are well-positioned to share valuable experiences with our readers. We’re surprised to hear the number of contractors who complain to umbrella companies about their take-home pay and how other umbrella companies are quoting them more. Some temporary workers …
Greedy contractors could be fueling tax avoidance schemes » Read the full story
If you find yourself inside IR35, you may decide that the best option for your payroll is an umbrella company – and you’d probably be right. However, you must understand how umbrella companies work, and how IR35 legislation is changing the way contractors are being paid. Keep reading and discover …
Using an umbrella company when inside IR35 » Read the full story
Due to upcoming legislation changes, more and more contractors are considering using an umbrella company for their payroll. However, is it worth your time requesting multiple umbrella company calculations? Keep reading and find out more. Background to umbrella companies Umbrella companies are an excellent payroll choice for contractors who find …
Is it worth your time requesting multiple umbrella company calculations? » Read the full story
There has been a noticeable rise in demand for umbrella companies – especially since HMRC introduced changes to off-payroll in the public sector (IR35) in 2017. Now that similar changes are coming to the private sector, umbrella companies have never been in such high demand! If you’re new to umbrella …
Is it easy to join an umbrella company? » Read the full story
Before completing the registration process, it’s a good idea to write a list of questions to ask your umbrella company. If you’re happy with their responses, you should have nothing to worry about and can move forward with confidence. However, if you have concerns – shop around and use another …
8 useful questions to ask your umbrella company » Read the full story
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 …
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 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 …
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 …
