Umbrella companies have experienced a rapid increase in demand in the build-up to off-payroll changes in the private sector (IR35). To help educate temporary workers, the supply chain, and interested third-parties, the Low Incomes Tax Reform Group (part of...
Being self-employed in the UK is popular, and you may be amazed to know that there are over 5 million self-employed professionals – over 15% of the UK workforce. However, the phrase 'self-employed' is pretty vague, as there are a...
If you're new to umbrella companies, you may have many questions. In practice, using an umbrella company is straightforward, but they can sound super complex. The UK Contracting Support Website is a free resource that'll try and answer the...
In a legal battle which has lasted over five years, the UK’s Supreme Court has ruled that Uber drivers must be treated as workers rather than self-employed. The ruling means that thousands of their drivers can now finally benefit...
Leaving permanent employment and becoming a sole trader is a big deal! There are plenty of benefits of being a sole trader, but making the transition is not a decision that can be taken lightly. A lot of planning...
The government introduced IR35 legislation (now frequently referred to as off-payroll legislation) in 2000. Over the last 20 years, the legislation has been amended – most notably in 2017, HMRC introduced changes to off-payroll in the public sector. And,...
Providing you choose a compliant umbrella company – you have nothing to worry about because you’ll be taxed in accordance with HMRC’s PAYE (Pay As You Earn) system. However, if you choose a non-compliant umbrella, you could live to...
In perhaps one of the most anticipated Budgets of all time, on Wednesday 3rd March 2021, Chancellor Rishi Sunak announced in parliament his plans to help the country bounce back from the coronavirus pandemic. We’ve summarised the Budget 2021...
With the current stamp duty holiday deadline looming, Rishi Sunak is rumoured to be extending the perk beyond the March cut-off date. So what could this mean for the property market? And how can you take advantage? Here, we...
If you are a sole trader, you can claim tax relief on business expenses. However, what is considered a business expense? We’ve put a short blog together that summarise sole trader expenses and what you can and can’t put...