Most contractors and freelancers employed by an umbrella company do not need to submit a tax return if they are below the £150,000 threshold and the only income they receive is paid via the umbrella company as it is taxed at source (PAYE). Our latest article explains more about umbrella companies and tax returns – to help you identify whether or not you need to submit one.
Salary sacrifice is a tax-efficient way for contractors and freelancers to pay into their personal pension pot and save for retirement. Continue reading to discover the different ways you could benefit from salary sacrifice.
Umbrella Company UK is a SafeRec certified umbrella company. SafeRec provides our umbrella employees with revolutionary transparency and helps our partnered recruitment agencies make referrals, knowing their candidates are truly in the safest hands. In this article, we’ve asked Sarah O’Toole, Operations Director at Umbrella Company UK, some questions about SafeRec and why our certification is so much more than just an extra logo on our website.
