In April 20217, HMRC introduced the trading allowance (sometimes referred to as the hobby allowance) for people earning small sums of money through self-employment, casual or miscellaneous income. Continue reading to discover if you could benefit from the trading allowance.
The Agency Workers Regulations (AWR) came into force on the 1st of October 2011 and profoundly impacted the contracting sector and temporary workers. Continue reading to discover what the AWR’s mean for you.
When you register with an umbrella company, you become an employee of that company and are entitled to the same rights as any other UK-based employee. Continue reading as we discuss the Working Time Regulations and whether you should opt-in or out of the 48-hour working week.
Once your income exceeds £100,000, the tax-free personal allowance is gradually reduced until it is eliminated in full. Continue reading to learn more about the Abatement of the Personal Allowance and how to preserve your entitlement to the allowance.
Recently, we have received a couple of queries from contractors who have never completed a starter checklist for PAYE before and are unsure which statement applies to them. Continue reading as we outline what each statement means and in which scenario it would apply to you.
As an employer, umbrella companies are legally required to enrol their employees into a pension within three months. This blog will provide an overview of pensions with an umbrella company. There is the option to opt out of pension contributions, as we will explain.
Recent changes in legislation (off-payroll working rules) have seen a rise in demand for umbrella companies throughout the UK. However, if you’ve never used an umbrella company before, there can be a lot of information to digest. And, with over 500 umbrella companies to choose from – how do you know which one is best? Our latest article summarises 10 tips for workers new to umbrella companies, and we hope you find it helpful.
Salary sacrifice is a great way to boost your personal pension pot by increasing the amount you contribute each time you are paid. If you’re a contractor, freelancer or agency worker and you require the services of an umbrella company, some can accommodate salary sacrifice – if it’s something you’re interested in. Continue reading to find out more about salary sacrifice.
When you work through a recruitment agency, you will be asked to opt-in or out of the Conduct Regulations. But do you know what this means? Continue reading as we explain what the Conduct Regulations are and what it means to opt-in or out of the legislation.
Umbrella Company UK has successfully passed our annual FCAS compliance review. Having undergone a series of assessments, we’ve successfully proven we remain fully compliant with HMRC rules and regulations, and we’re committed to providing our clients with a first-rate service. Please keep reading and find out more about our renewed FCSA accreditation.