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.
Getting to grips with the financial ins and outs of working with umbrella companies can be challenging. This guide aims to make it easier for you, providing a clear but detailed rundown of the essential factors at play. We’ll guide you through how the rules for deductible expenses have evolved, starting with crucial shifts caused by tax laws introduced in April 2016.
There are hundreds of umbrella companies in the UK. While choosing one sounds daunting, due to the competition, there are plenty of reliable and compliant providers out there. If you are currently using an umbrella for your payroll and are not satisfied with the level of service you’re receiving, you should consider switching to a new provider immediately. While changing umbrella companies is a little time-consuming, you’ll immediately reap the rewards, and the processes involved are straightforward. This article explains how to switch umbrella companies and when you should consider waving goodbye to your existing, sub-standard umbrella and joining a new one.
The contracting world is replete with options and opportunities but also has its share of complexities and challenges. One such challenge is the tax legislation commonly known as IR35. It is a set of rules that determine whether a contractor should be taxed in the same manner as a permanent employee or as a self-employed individual. In this article, we will look at what IR35 tax legislation is and how an umbrella company can benefit contractors inside IR35.
Umbrella Company UK is delighted to announce that we have become a Certified SafeRec Umbrella Company. SafeRec is transforming compliance within the contractor payroll supply chain, and by becoming SafeRec certified, all our employees have access to real-time payslip audits – providing a level of transparency and compliance which, until now, has not been achievable within the industry. Please keep reading for more information about SafeRec and the many benefits available to all Umbrella Company UK employees.
Umbrella Company UK is proud to have passed the FCSA’s annual audit. Our membership has been renewed for another year after proving we maintain the highest compliance standards and continue to adhere to the FCSA’s strict Codes of Compliance. Keep reading for more information.
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.
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.