Umbrella companies will provide you with an illustration to give you an idea of what your take home pay is likely to be after all relevant deductions have been made. While these illustrations are as accurate as possible, it is important to remember that they are only examples, and your actual take home may differ slightly.
Around 20,000 former NHS and retired healthcare workers have returned to work to support people affected by coronavirus. If you are returning to work and are required to use an umbrella company, look out for the FCSA accreditation to ensure the provider you are using is compliant.
Before you register with an umbrella company, you may decide to get a few illustrations to compare your net take home. Despite providing the same day rate for the calculations, your monthly illustrations are showing different take home pay figures. Our blog explains why umbrella companies may be quoting you differently.
Business will continue as usual and we have extensive continuity plans in place to allow us to operate with minimal disruption to our services if the Government’s advice changes.
Chancellor Rishi Sunak has delivered his first Budget in the House of Commons, announcing the government’s plans regarding benefits, tax, spending and the wider economy. But what does it mean for your financial health and has there been an update or amendment to off-payroll legislation?
Under new employment legislation, agency workers and contractors working through umbrella companies (or other payroll intermediaries) will be entitled to a Key Information Document before a contract is agreed and signed.
For most contractors, Holiday Pay is an area that causes a lot of confusion when they register with an umbrella company. Our short blog explains what Holiday Pay means when you work through an umbrella company and how it is calculated.
There are many reasons why you might consider closing down your limited company and start contracting through an umbrella company. Whatever the reason for switching, you will need to consider the process of closing down your company and ensure you thoroughly research umbrella companies.
The end of the tax year is fast approaching, and it is important to use the next few months to organise your finances. Our short guide will provide you with a simple checklist of the critical changes you can expect to see in the new tax year.
As a limited company contractor, choosing an umbrella company can be confusing. Read our short guide where we explain how to decide which umbrella company to use.