Why use an Umbrella Company?
Why use an umbrella company? Following HMRC’s recent crackdown and focus on tax avoidance, many more businesses are now using an umbrella company as an employment solution for their contractors. …
Umbrella Company Myths
Umbrella Company Myths We break down some of the common myths that are associated with Umbrella companies We know that you have a choice of which umbrella company you use,…
Tax Avoidance or Tax Evasion
Tax Avoidance or Tax Evasion The difference between tax avoidance and tax evasion substantially comes down to legality. Tax avoidance is legal, but tax evasion can lead to serious consequences…
What is an FCSA Accreditation?
What is an FCSA Accreditation? As a contractor working in the freelance sector, you may be aware of the importance of choosing the right umbrella company. There are many such…
The Benefits of a Umbrella Company
The benefits of being paid through an umbrella company Umbrella companies like iConsult offer a complete payroll service for contracts. But a lot of people wonder why people should use…
What is an Umbrella Company
Umbrella Company – What is it? What is an umbrella company? An Umbrella company is an intermediary company that employs workers who would otherwise be independent like agency contractors who…
Government proposals for umbrella company abuses criticised
New government plans aimed at tackling labour market abuses among some umbrella companies have been criticised by the Trades Union Congress (TUC), which claims that the proposals are insufficient to…
Non-compliant umbrella companies may be “named and shamed”
Chris Bryce, the new CEO of the Freelancer and Contractor Services Association (FCSA), has said that the body may “name and shame” non-compliant umbrella companies. With the FCSA looking to…
HMRC to look into umbrella company market
A consultation examining the umbrella company industry has been launched by HMRC, as the revenue service looks to gain a “detailed and up-to-date understanding of the market and how it…
HMRC launches tool to help contractors spot tax avoidance
A new HMRC tool has been launched which aims to help contractors engaging with umbrella companies determine whether their provider is operating a tax avoidance scheme. The tool utilises straightforward,…