HMRC has been aware of mini umbrella companies (MUC) for years, but sadly, they’ve made the headlines again recently. Interestingly, rather than targeting temporary workers, the criminals behind mini umbrella companies are targeting recruitment agencies. Keep reading, and we’ll summarise what’s going on.
Having undergone a thorough compliance review, both Churchill Knight & Associates Ltd and Churchill Knight Umbrella have successfully proven they remain fully compliant with UK tax law and associated regulations. As a result, both companies retain their FCSA membership for another year. Keep reading to find out more about the FCSA, and why passing the annual compliance review is something…
This article explains how tax avoidance schemes are targeting key workers – especially those who are returning to work as an extra line of defence against the coronavirus. It will also summarise the serious threats to recruitment agencies, and what you must to do to remain compliant and avoid penalties from HMRC.
The FCSA has demanded immediate answers from the government regarding the Coronavirus Job Retention Scheme (CJRS) and the impact on agency and umbrella workers. There are still many issues that need clarity to ensure over 600,000 contractors gain access to financial support through the CJRS.
New legislation came into effect on 6th April 2020 that requires all agency workers to be given a Key Information Document (KID) before agreeing to work with an employment business – as part of Regulation 13A of the Conduct of Employment Agencies and Employment Businesses Regulations 2003.