In this section you will find a number of simple guides to tax legislation that is likely to affect you and give you a basic understanding of what you need to be aware of.
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What you need to know about the National Insurance rise
The cost of living has risen sharply in the UK over recent months and now National Insurance contributions are set to increase this April. Here’s a breakdown of what you need to know and how it will impact you as an umbrella company contractor.
What is a loan scheme, and why you shouldn’t use one
First thing’s first – what is a contractor loan scheme? Contractor loan schemes (or, as the Government calls them, disguised remuneration arrangements) take many forms – but the underlying structure is that a freelance or contract worker signs a contract of employment with an employer or EBT (employment benefit trust), usually located outside mainland UK Read More...
What are the Agency Worker Regulations (AWR)?
This article primarily addresses the AWR from a worker’s perspective. If you are looking for information about how AWR affects your business – whether as an end client hirer or as an organisation like a recruitment agency or umbrella company – we have further information here. The Agency Workers Regulations (2010), implemented to comply with Read More...