Editor | 31 October 2016

Take a look at the amazing effort put in by the Umbrella.co.uk team towards the Halloween office decorations, spooky fancy dress costumes and terribly tasty cakes. 

Editor | 31 October 2016
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A new feature in FreeAgent will now calculate your submissions and tax liability for you on a monthly basis.

Here's how to use it

Go on the work tab and create a new project.

Incurring the same expense each week?

You can save time by setting up recurring expenses each month/week

You can add the expense, category, date, description etc. If the expense is recurring, you will then chose from the drop down menu how often you wish for it to be logged (every week, two weeks etc).

Editor | 14 October 2016
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HMRC has narrowly lost a First Tier Tribunal (FTT) case, in which the tax authority tried to make an employee pay outstanding PAYE liability on a bonus paid just before the company went into liquidation. And the case could have important consequences for some owner managers.
Unless it is appealed by HMRC, the tribunal could mean that more small business owner managers that are about to go into liquidation could make payments to themselves without paying all the tax liability to the crown.

Theresa May had a busy time at the Conservative party conference last week, and hidden among some of the bigger policy announcements relating to Brexit and education reforms was some rare good news for people in ‘non-traditional’ employment.

Editor | 6 October 2016
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On the FreeAgent overview page, you can see a ‘Tax TimeLine’ tab on the bottom right which will provide you with an estimate of what your current Tax liabilities are...

A landmark court ruling has found that Uber drivers are not self-employed contractors and can be classed as employees.

The employment tribunal ruled that the taxi app drivers are entitled to minimum wage and other benefits.

It was the case of the decade for employment law – pitting the popular lift hailing app company against one of Britain’s most powerful unions in a tribunal case that threatens to shatter the so-called ‘gig economy.’

The ruling isn’t just important for Uber, its drivers and its customers - it could also have more far reaching consequences for other self-employed contractors and their employers.

In this blog post we take a closer look at the case and evaluate some of the potential consequences of the ruling.

We are delighted to announce that Daniel Moss has won the Practice Excellence Awards for the many new initiatives he helped implement at Umbrella Accountants.

Up against some stiff competition, Daniel won the award as a result of his constant commitment to innovation and his work on our online Self-Assessment Tax Return completion pack.

The Practice Excellence Awards judges agreed with our submission that Daniel is “a model technology-led accountant, making sure he ensures compliance while embracing new ideas and technology”

Congratulations to Adam Connell, Customer Services, on being awarded ‘September Employee of the Month’.

Adam consistently goes the extra mile displaying enthusiasm and professionalism in a high work volume environment. 

A poll carried out by leading accountancy software provider FreeAgent has found that nearly a third (30 per cent) of self-employed people say they work more than 48 hours per week.

Editor | 7 October 2016
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The presence of vans on our roads reached an all-time peak last year, the DfT’s Road Use Statistics Great Britain 2016 report has identified, the 45 billion miles covered by van drivers in 2015 equating to a 38% rise from 2000 and accounting for 14% of all road use. Van traffic has risen by 12% over the last two years compared to car traffic which has increased by just 4%. Interestingly, HGV traffic has seen the smallest growth at 3%, having consistently reduced since the so-called ‘economic downturn’ several years ago.

The 2016 Umbrella.co.uk ‘Employees of the Month’ were rewarded with a ticket to the When You Wish Upon a Star charity ball last Saturday night.

A spectacular welcome by storm troopers and Darth Vader was followed by a champagne reception, superhero glitter booth, dinner and entertainment.

Batman, Cat Woman, Spider-Man and Wonder Woman all partied with Umbrella.co.uk staff along with a host of Corrie and Emmerdale stars until the early hours.  

Some of the Umbrella.co.uk ladies were left a little hot under the collar by Spiderman’s superhero outfit and Louise took a shine to Batman! Matt and Steve were caught on video perfectly executing the Spice girls A-Z Rap and Annie bagged the most celebrity selfies.