Browsing Category
Umbrella 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…
Rumours of NI or income tax cut could put Conservatives back into self-employed good books
Autumn Statement: NI or income tax cuts could be a win-win for the self-employed and the economy. Plus self-employed and independent worker specialists share their views on what they'd like to see announced in the upcoming Chancellor's…
Tax non-compliance in the umbrella market: isn’t it time the masquerade party came to an end?
The umbrella market has been a hotbed for tax non-compliance, with unsuspecting temps and contractors falling foul of tax avoidance schemes every year. A new report assesses the damage to workers and the umbrella companies that are…
Tax Non-Compliance in the Umbrella Market: What Workers Need to Know
Any freelancer, contractor or temp worker who has found the ideal project or client but is being forced to work with an umbrella company to get paid, must understand the risks of tax non-compliance
The Problem
The umbrella market is…
Kermode: “Government isn’t committed to tackling worker exploitation”
A strategy to stamp out worker exploitation has been published by the government but IR35 and contractor industry experts don’t hold out much hope that the government will implement recommendations
Experts have responded to the…
Police short-changed holiday pay for decades
A Supreme Court case in the UK highlights how members of the Northern Ireland police force have been short-changed holiday pay for decades. Now police staff they could be getting it all back. Umbrella company workers should take notes, say…
New stats: Umbrella contractors are getting swindled on pay, rights and pensions and the government…
After reading this article, umbrella company contractors should have a clearer idea of what is required of any umbrella company, their recruitment agency and whether they may have been swindled
A survey that included 520 freelancers and…
HMRC has “real-time data” on tax avoidance and non-compliant umbrella companies. Why…
Dave Chaplin, CEO of Contractor Calculator, shares his concerns about HMRC not using the data it has at its disposal to shut down tax avoidance schemes. Plus he answers Freelance Informer reader questions about the pending regulation of…
“Why are we waiting?”: HMRC spent £451m of its budget to combat tax avoidance. Why…
OPINION
HMRC spent 6.5% of its £6.8bn annual budget fighting tax avoidance, according to its 2022/23 expenditure report. For some people, this isn't enough.
They feel the tax authority should be spending more of its budget on…
Alleged corruption strikes umbrella industry again
Two employment tribunals have found that two umbrella companies made unlawful deductions from their employees whilst being FCSA-accredited. In a separate case, it has been found that a KC-approved ‘mini umbrella’ has cost taxpayers £50m…