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.
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.
The government announces changes to Holiday Pay for irregular-hours workers
The government has recently published its much-anticipated response to the key employment law consultations conducted earlier this year. As part of the announcements, the government will reform holiday pay for irregular and part-year workers and introduce rolled-up holiday pay.
What are the benefits of using an umbrella company for contracts inside IR35?
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.
What to expect from Jeremy Hunt’s Spring Budget 2023?
Jeremy Hunt is set to outline his tax and spending plans for the year ahead on Wednesday 15th March 2023, as part of the Spring Budget.
Autumn Statement 2022: Key announcements at a glance
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.
IR35 Off-Payroll working rules to be repealed from April 2023
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.
Why am I paying the Apprenticeship Levy as an Umbrella Company employee?
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.
What is the Trading Allowance?
In April 20217, HMRC introduced the trading allowance (sometimes referred to as the hobby allowance) for people earning small sums of money through self-employment, casual or miscellaneous income. Continue reading to discover if you could benefit from the trading allowance.