What is IR35?IR35, which is due to come into force for private sector companies from April 2021, is often inaccurately referred to as a tax. IR35 instead refers to a…
With the IR35 private sector reforms now certain to go ahead this April, preparedness and advanced planning will be crucial throughout the contracting supply chain in ensuring a successful adaptation…
In recent years, certain companies promoting non-compliant freelancer solutions have wrongly begun marketing themselves as umbrella companies. For contractors lured into using them, this can lead to sizeable, back-dated bills,…
Contractors choosing umbrella companies should be wary of those that market themselves as “IR35 compliant”, “HMRC-approved” or who claim they have special expenses dispensations. While umbrella companies offer a vital…
Since the announcement that IR35 would be implemented in the private sector, there has been an uptick in umbrella companies targeting UK contractors. However, with so many to choose from,…
Providing they meet certain criteria, all umbrella company contractors will be automatically enrolled into a pension scheme when they join. Once enrolled, contractors can choose to opt out and manage…
Sick pay is among the benefits that working for an umbrella company offers for contractors. But it is important to be aware of the rules, guidelines and criteria governing sick…
When contractors are choosing from the many umbrella companies on the market, comparing prices is one of the most important considerations. However, what’s advertised doesn’t always reflect the true cost…
If you’re a budding contractor who has decided to use an umbrella company, you might be wondering how you go about the process. Essentially, starting to use an umbrella company…
If you’re looking to work as a contractor, but you don’t feel that it’s the right time or that you’re ready to start your own limited company, then you might…