Negotiating Your Contract Pay
Being part of a meeting to discuss payments can be a little daunting and nerve-wracking but it’s also a great time to demonstrate your value to your client. Being a contractor, this is a common occurrence with each new job, so we have put together some great tips that will hopefully help settle your nerves […]
Increases to National Minimum Wage in 2023
In a few short weeks we’re expecting an increase in in the National Minimum Wage and in turn the National Living Wage. From April 1st 2023 the following hourly rates will be true: Apprentice Rate: Increased by 47p to £5.28 16-17 Year Old Rate: Increased by 47p to £5.28 18-20 Year Old Rate: Increased by […]
Do Current Umbrella Certifications Actually Carry Any Assurance?
6 Reasons to Question: Do Current Umbrella Certifications Carry Any Actual Assurance. In the relatively small world of UK umbrella companies, there exists a few certification bodies who, time-after-time will tell you that their assessment process is “industry leading and integral to the supply chain”. But, especially of late, there have been compounding questions about […]
Moving away from a 5 day work week – The Pros and Cons
To work full-time has, for years, been synonymous with ‘8 hours a day, 5 days a week’. Many sources cite Henry Ford as the first to institute what we now consider to be the standard 5 day, 40 hour week in the 1930s. Before this, recreational time was considered to be a luxury afforded only […]
Umbrella Requirements and the Agency Worker Regulations
What Is AWR? AWR stands for Agency Workers Regulations (2010) and is a legislation designed specifically to protect agency workers from any discrimination in favour of permanent co-workers in the same role at the end client. Issues addressed by this legislation include pay rate, access to holidays and working time conditions. Agency Worker Vs Permanent […]
Revisiting The Good Work Plan
It’s been a turbulent year. With many businesses adopting survival mode mid-March it is understandable that certain aspects of the operation have found themselves lower on the priority list than would be justified in a “normal” year. As an Umbrella company, we are classified as an essential service – our office staff members are noted […]
Your Contract: IR35 Determination
Some time ago, HMRC determined that a minority of contractors opting to work via their own ltd company (or Personal Service Company/PSC) were performing roles in a “disguised employee” context, i.e. they were being paid via their company for work that is justifiably that of a regular employee. From HMRC’s vantage point these individuals should […]
Is your End Client’s Approach to IR35 in Your Best Interest?
It’s no secret that the vast majority of contractors do not want to work inside of IR35. The common conception (based on feedback and industry insight) is that contractors – for the most part, would like to continue to operate outside IR35 (if this is their current position). Being outside allows the individual to continue […]
Does Age Affect My Ability to Become a Contractor?
Remember when you were younger and people often asked, what do you want to be when you grow up? What was your response? Astronaut? Movie Star? Pro-Athlete? The kid from the chocolate advertisements? In hindsight, we all know that these lofty aspirations rarely materialize as reality – but it doesn’t mean we should stop dreaming […]
A Guide to Becoming A Contractor
Becoming a contractor can be very rewarding, it usually means increased financial incentives and you have the enjoyment and freedom of controlling your assignment destiny. Of those brave souls who move away from the stability of permanent work, the vast majority never look back. Here is our guide to becoming a contractor for the first […]
