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Umbrella Companies
Umbrella companies will no longer be “legally” responsible for operating PAYE payments
The UK government has announced a major shake-up of the temporary labour market, aiming to tackle widespread tax avoidance within the umbrella company sector and improve conditions for workers.
Legislation will be introduced that will…
UK Budget: Recruiters warn contractors, clients and umbrella companies to brace for harsh landing
Recruitment agencies and contractors alike are bracing themselves as the new government's Budget proposals loom large, with potential changes that could drastically alter the recruitment landscape.
Mary Maguire, Managing Director at…
High court ruling raises concerns for contractors: “Umbrella workers cannot be…
The latest umbrella company fraud case in the UK serves as a stark reminder for contractors to exercise greater diligence when selecting an umbrella company. In this report, we detail the latest case and outline essential questions…
“Ghost payroll”: new tax avoidance scheme coming after contractors and recruitment agencies
The contracting sector is constantly evolving, and unfortunately, not all developments are for the better. Professional Passport, a payment intermediary and umbrella compliance adviser, has sounded the alarm about a new form of tax…
Dwindling self-employment: is it killing our economy?
Self-employed individuals are vital to any community and economy. Collectively, they are a tax-generating powerhouse. So, what happens to a nation's economic growth and social programmes when self-employment numbers decrease year-on-year?
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Umbrella industry left unregulated for another year
Freelancers left frustrated by latest government inaction over umbrella company tax avoidance protections
Freelancers forced to work through umbrella companies were left disappointed today after the government's announcement on tackling…
Q&A: Protecting Contractors from Umbrella Company Abuses and Opaque Rates
The Freelance Informer is concerned about the risks contractors face from tax avoidance schemes within some umbrella companies and the complications caused by non-transparent assignment rates. We spoke to Ray Walker, Worksome's VP of…
Assignment rate unravelled: questions to ask before you accept an off-payroll job
SPECIAL REPORT
If you are starting your contracting journey in 2024 or deciding to take an off-payroll job especially one that the recruitment agency insists you work via an umbrella company, then there are some crucial things you need…
Another umbrella company caught in a tax avoidance scheme. The scope of damage yet to be determined
The latest discovery by HMRC of an umbrella company servicing contractors is likely part of a tax avoidance scheme is a stark reminder to freelancers and temp workers that they must do background research on an umbrella company's Companies…
25 Reasons why HMRC could use AI for umbrella company background checks
Automating background checks to weed out tax-avoiding umbrella companies could save HMRC time and resources compared to manual investigations. It could also save thousands of freelancers financial heartbreak. Here we share 25 reasons why…