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 […]
Why does your 2nd payment in a new tax year often look different?
One annual event that we’d like to get ahead of is the 2nd payroll cycle of the new tax year. It’s common for your 2nd pay slip of the financial year to look a little different when compared to previous, but why? Well, it’s because of the way your payroll is set up if you work via […]
Maternity & Paternity Pay
How Does Maternity and Paternity Pay Work As An Umbrella Employee? Many agency workers are unsure as to what they are entitled to if they use an umbrella company. We want to make things clear so that you don’t miss out! In short, you are an employee of our company and due to that, you […]
Why do Companies Hire Contractors and Umbrella Employees?
If you’re considering getting into contracting it’s important to know your worth and to understand why a company may choose to engage you instead of taking on a permanent employee. There are a few distinct reasons that a business may choose contractors over “permies” – let’s use a very common industry in the contracting world […]
Confusing Terms Explained
What does it all mean? It can be confusing as a contractor starting out when you hear so many acronyms mentioned by both your agency and Umbrella Company. You may hear things such as IR35, WTR, AWR, and SDC along with terms such as ‘Opting Out’. You will also see it on documentation that you […]
How do I claim holidays?
How do I request holidays as an Umbrella Employee? As an employee of Umbrella Requirements you are entitled to annual holidays just like any other employee in the UK. Taking holidays while contracting via an umbrella company is a relatively simple process, but if you’re new to this way of working sometimes it can be […]
Contractor FAQ’s: How is an Umbrella Salary Calculated?
You’ve been asked to use an umbrella company, but one aspect that can be confusing is how an umbrella company calculates the salary payment you get at the end of each week or month. When you’re an employee of a company, the employer offers you an annual or hourly rate and calculates and deducts your […]
The Key Information Document – A Reminder of your Responsibilities
Key Information Document Explained Amid the turmoil of the pandemic, on the 6th April 2020, the UK government introduced the Key Information Document (KID) as a part of their Good Work Plan, in an attempt to improve pay transparency for agency workers. This document is required in order to comply with Regulation 13A of the […]
Claiming Expenses with an Umbrella Company
One of the most frequently asked questions that we receive is in relation to reclaiming expenses as a contractor working through our umbrella services – here’s what you need to know. Contractors who have been around for some time would have noticed significant changes in this arena over the years. We remember receiving receipts and […]
Working Time Regulations (WTR) – Your Right Explained
Being a contractor can mean many things; perhaps you’re working as a freelancer, operating through your own company, you’re self-employed or you’re working via an umbrella company. The way you operate may alter your rights in relation to Working Time Regulations, but we want to focus on our customer base within the following article. As […]
