Avoiding non-compliant umbrella companies – Helpful steps
If your business utilises contractors, then there’s a chance that you’ll have dealings with umbrella companies, especially in the wake of the new IR35 rules. Last week, we discussed the…
New HMRC guidance helps avoid non-compliant umbrella companies
New government guidance aims to help agencies and businesses that engage temporary workers avoid working with non-compliant umbrella companies. The guidance clarifies how non-compliance typically works and explains the risks…
Contractor demand rises sharply in some key sectors
Data has shown that demand for contractors in certain key sectors has soared as a result of several converging factors. Driven by the UK economy’s recovery from the COVID-19 pandemic…
The impact of the National Insurance increase for umbrella company workers
The Prime Minister has recently announced an increase in National Insurance Contributions (NICs) to help raise £12 billion to fund the UK’s social care and NHS. The controversial measures were…
What process should you choose for shutting down your limited company?
Last week, we outlined the two main methods of closing down a solvent limited company: voluntary dissolution and members’ voluntary liquidation (MVL). As both methods have the same outcome, it…
Shutting down a limited company – Two methods
Issues such as IR35 and the impact of COVID-19 have naturally prompted many to consider closing their limited company. While this is not always a necessary step, (e.g. if someone…
Online Right to Work checks extended until April 2022
The government has announced that the temporary adjustments to right to work checks, enabling them to be carried out online, have been extended until April 5 2022 (inclusive). The extension…
HMRC issues updated umbrella company guidance
HMRC has issued updated guidance for freelancers working via umbrella companies. The update clarifies several pieces of important information relating to umbrella companies and, according to the Treasury, is intended…
1 in 5 freelancers have a side-hustle alongside employee job
A recent study from PeoplePerHour has revealed that around one in five freelancers (19 per cent) perform their self-employed work as a “side-hustle” alongside an employed role. In research highlighting…
IPSE slams impact of SEISS exclusions and IR35 on limited company directors and wider sector
The Association of Independent Professionals and the Self-Employed (IPSE) has issued two releases criticising IR35 and exclusions from the Self-Employment Income Support Scheme (SEISS) for their negative impact on limited…