5 Reasons to use an Umbrella Company
So, you’ve taken the plunge into contracting and now you need to get your employment affairs in order. You’ll likely be applying for lots of different assignments that meet your skill set, and (if you’ve done your homework) you’ll know that the way you’re able to operate/be paid is not your choice, it’s dictated 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 […]
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 […]
Choosing an Umbrella Company: Top 10 Tips
IR35 reform took place on April 6th and since that date, there has been a marked increase in contractors looking for umbrella payroll services. To briefly recap a few educational articles we’ve released in the past – if your end client deems you to be inside IR35, you must operate under an employed status, paid […]
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 […]
Umbrella 101 – What is an Umbrella Company?
April 6th and IR35 is here. Your agency has told you, you fall inside of IR35 and you now need to use an umbrella company. But what is an umbrella company? What does it do? While there is no current legal definition of an umbrella company within the legislation, at the time of writing Wikipedia describes an umbrella […]
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 […]
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 […]
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 […]
