FCSA accredited

What does it mean to be FCSA accredited?

The FCSA is dedicated to ensuring the supply chain of temporary workers is compliant and ethical. In order to become FCSA accredited, accountants and umbrella companies must undergo a thorough assessment and audit process – to prove that all of their internal systems are inline with HMCR rules and regulations.

Any information gathered in the FCSA audit is made available to HMRC to investigate – should they decide to. This goes to show that transparency is critical in order for an accountant or umbrella to become FCSA accredited.

By choosing an FCSA accredited provider, you are eliminating any risk of non-compliance with HMRC, and you can rest assured you are paying the correct amount of tax and National Insurance Contributions (NIC).

Unfortunately, there are hundreds of tax avoidance schemes out there that are putting contractors and freelancers at significant risk of future HMRC investigations. Did you know that even if a scheme is not considered tax avoidance right now, HMRC can retrospectively penalise you in the future?

Remember – you are expected to pay the correct tax and NIC. If a company is offering you a noticeably high take home pay retention (often upwards of 80 percent), you should void them at all costs. You may not be caught initially, but you run the risk of being found out at a later date.

Churchill Knight is FCSA accredited!

Churchill Knight specialises in contractor accountancy and PAYE umbrella company services – and we’re FCSA accredited!

Contractor accountant

Founded in 1998, our sister company, Churchill Knight & Associates Ltd, has helped over 20,000 contractors with the running of their limited company.

Churchill Knight & Associates Ltd can assist you with setting up a company (within 24 hours), tax planning, VAT returns, payroll, HMRC correspondence, unlimited support, and much more!

To find out more about Churchill Knight & Associates Ltd’s services, please visit their website by clicking here.

PAYE umbrella company

Churchill Knight Umbrella was set up to cater for the rising demand of umbrella companies in the UK. Not only will we process your pay compliantly and efficiently, but we also offer a host of extras – all within our standard package.

Registering with us can be completed in 10 minutes by completing a short online form or giving us a call. Then, you will be able to benefit from Same Day Faster Payments, no hidden costs (including no joining or leaving fees), £25 million insurance cover, a dedicated Account Manager for easy communication, minimal administration, Employee Benefits, and more!

For a free and accurate take home pay illustration, please complete the short form here or give our friendly Consultants a call on 01707 871622.