Chancellor Jeremy Hunt outlined three priorities of stability, growth and public services as part of his Autumn Statement. Continue reading to discover the key announcements made in the Autumn Statement.
As part of the Growth Plan 2022, the government confirmed that the reforms to the IR35 off-payroll working rules will be abolished from the 6th of April 2023.
Chancellor Kwasi Kwarteng announced during the mini-budget delivered on the 23rd of September 2022 that the government will repeal the 2017 and 2021 off-payroll reforms. Continue reading to discover what this means for contractors and the other critical announcements unveiled during the mini-budget.
When you register with an umbrella company, you become an employee of theirs and can benefit from continuity of employment. Please continue reading to discover what continuity of employment is and what it means for umbrella company employees.
There are many reasons why you may decide you would like to switch umbrella companies. Please read our latest article as we outline why contractors make the switch, what you need to do to switch umbrella companies and what to look out for when choosing a new umbrella company.
With each new tax year, there are often changes to tax rates that could affect your take home pay. Continue reading as we outline the tax changes introduced for the 2022-23 tax year and how this will affect your take home pay when working through an umbrella company.
One of contractors’ most commonly asked questions when they receive their first payslip is “why am I paying the Apprenticeship Levy?”. Continue reading as we discuss what the Apprenticeship Levy is, who is pays the Levy and why it is displayed on your payslip.
As a result of workplace pension auto-enrolment, more and more contractors are saving towards a pension. One of the benefits of saving into a workplace pension is tax relief. The way it is given differs depending on the pension scheme you are enrolled into. Continue reading to discover how tax relief on your pension contributions works.
Your tax code is used to determine how much tax-free income you will be allocated per year and how much tax is due on your earnings or pension once you have exceeded the threshold. Continue reading to discover what your tax code means, how to check it and what to do if you think your tax code is wrong.
The Freelancer and Contractor Service Association (FCSA) has brought a new type of fraud to its members’ attention, targeting recruitment agencies. This blog summarises the new scam and explains how it works. If you represent a staffing agency and place temporary workers – you must read the following and ensure your business has precautions in place.
