Umbrella companies and IR35: everything you need to know
As a contractor, one of the most important pieces of legislation that will affect you is IR35. Our latest article provides everything you need to know about umbrella companies and IR35.
Umbrella Company UK has passed the FCSA audit and renews membership for another year
Umbrella Company UK is pleased to announce that our FCSA membership has been renewed for another year as we successfully passed the annual audit.
Changes to the self-assessment threshold to be aware of
The self-assessment threshold has changed for people taxed through PAYE. Previously, the threshold was £100,000. However, the threshold has now increased to £150,000, and you must complete a self-assessment if you earn £150,000 or more taxed through PAYE.
What is the difference between salary sacrifice and a workplace pension scheme?
As a contractor, saving for retirement and making the most of your pension is incredibly important. Our latest article explains the difference between contributing to a pension via salary sacrifice and a workplace pension scheme.
Spring Budget 2024: The Chancellors Key Announcements
Jeremy Hunt has unveiled this year’s Spring Budget 2024 in the House of Commons today (6th March 2024). Our latest article explores the Chancellors key announcements.
How to tell if your umbrella company is compliant
Navigating and understanding the compliance of umbrella companies can be daunting for contractors, but it’s essential to avoid falling into the trap of operating through a non-compliant provider. Our latest article provides valuable information about how to determine if your umbrella company is compliant.
Top tips to boost your pension savings before the end of the 2023/24 tax year
The 2023/24 tax year ends on the 5th of April 2024 and now is the perfect time to make sure you are making the most of your pension. We’ve compiled a list of top tips to help you boost your pension savings before the end of the 2023/24 tax year.
How does a week 53 payment affect umbrella company employees?
Contractors paid weekly, fortnightly or every four weeks and whose final payday for the 2023/24 tax year falls on Thursday the 4th of April 2024 or Friday the 5th of April 2024, may be affected by the week 53 payment.
Tax and Pension changes to look out for in 2024
With 2024 just around the corner, we decided to collate some of the tax and pension changes coming in the new year.
Autumn Statement 2023: What were the Chancellors’ key announcements?
The Chancellor of the Exchequer, Jeremy Hunt, presented his Autumn Statement to The House of Commons today (Wednesday the 22nd of November 2023). Our latest article highlights the key announcements made in the Autumn Statement.