If you’ve ever spent any time on Google searching for an Umbrella Company you will have no doubt seen endless adverts for services that advertise themselves as “HMRC Approved”. Is…
Contractor & IR35 News And Articles
What Will I Take Home Inside Of IR35?
Another one of those frequently asked questions from new contractors, “What will I take home inside of IR35?” Honestly, this will depend on how you choose to work,depending on if…
What Is CEST (Check Employment Status For Tax)?
HMRC released an online tool/questionnaire to help contractors decide if their contract falls inside IR35 just before the public sector IR35 implementation in April 2017. CEST has been updated since…
Should I Resign From My Job Before Applying For Contract Work?
In reality yes you probably should have at least handed in your notice before applying for contract work.There are a number of reasons for this:1. Many firms are looking for…
HMRC Warn Contractors - Choose Your Umbrella Company Carefully
Comparison and broker websites marketing umbrella companies are not always what they seem.HMRC urges contract workers to seek advise before becoming employed by an Umbrella company to avoid problems due…
How Do Expenses Work With Umbrella Companies?
Chargeable ExpensesIf your client has contractually agreed in advance to pay for specific expense types incurred whilst carrying out your contract duties, they will reimburse you. Whilst you will not…
Closing Down A Limited Company (Personal Service Company)
If a contractor no longer needs their limited company (PSC), then they can close down their company and remove it from Companies House meaning it ceases to exist. The process…
Umbrella Take Home Pay...Why Do Quotes Differ So Much?
Umbrella take home pay………why do quotes differ so much? The short answer to this question is they shouldn’t, the only way Umbrella companies should compete with each other is on…
Does IR35 Affect Me?
Does IR35 affect ME is the question we see asked more than any other. Often the truth is that it depends on your specific circumstances, but the short version is…
Statutory Pay Entitlements
Moving from being a Limited Company contractor to working as an employee of an Umbrella Company can bring with it many changes. One of these is that you may find…