As things stand, Umbrella Company UK is still unable to offer furloughed leave to our umbrella clients. At such an unprecedented time, we understand that our clients need financial support more than ever before. This is why we are urging the government to provide much-needed clarification on how umbrella companies process Holiday Pay and the Apprenticeship Levy.
On Saturday 4th April, the government released more information on the Coronavirus Job Retention Scheme (CJRS). Interestingly, the updated guidance specifically references “umbrella companies”. While this is positive, there are still plenty of unanswered questions and the FCSA has described the new information as “contradictory”.
As things stand, it is possible that agency workers, including umbrella workers, will only be able to claim 80 percent of the National Minimum Wage – rather than traditional employees who can claim up to 80 percent of their salary.
Since launching in 2019, Umbrella Company UK has prioritised attaining FCSA accreditation – to showcase our dedication to compliance within the contractor payroll industry. From the beginning, we have intended to provide a modern and compliant umbrella payroll services to the UK’s temporary workforce. After careful consideration, we identified FCSA accreditation as the best way to display this to our partners and clients.