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.
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.
Taxpayers once again broke records in 2020, with over 11.1 million customers filing their self-assessments online by the 31st January deadline. Did you file on time or have you missed the deadline?
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.