Failing to meet the self-assessment filing deadline almost certainly results in a £100 penalty from the government. However, HMRC will not enforce penalties for anyone who submits their 2020/21 tax…
Before you register with an umbrella company, it’s a great idea to request a tailored take home pay calculation first. However, before you compare take home pay calculations from a range of umbrella companies, you must understand how umbrella company calculations are formulated – so you know whether or not you’ve been given accurate information.
Churchill Knight Umbrella will always provide you with an accurate umbrella company calculation based entirely on your circumstances. However, some umbrella companies have been known to hand out misleading calculations to trick contractors into using their service.
Here is a short guide on umbrella company calculations. We hope you find it beneficial and it helps you request umbrella company calculations with confidence, and clarity.