Contractor Articles

Skills shortages in IT and construction increase contractor pay outs
marketing | 20 November 2017
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Skills shortages in the key industries of IT and construction are pushing up wages for contractors employed in these sectors.
 
CompTIA’s annual workforce survey of IT executives found that most were in a positive mood about the future, with 62% planning to increase investment in IT products and services.
Umbrella.co.uk Halloween Spooktacular
marketing | 31 October 2017
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Umbrella.co.uk staff are fundraising for charity with a Halloween 'dress up' day in the office...There's some scarily good costumes, giant spiders and zombies creeping about......

Don’t have a breakdown over your pay breakdown
marketing | 19 September 2017
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One of the questions regularly asked by contractors working through Umbrella.co.uk is about the “extra costs” which are payable by contract workers.  We are often told that our workers have previously found it hard to get to the bottom of what these costs are for, and that other payroll providers are reluctant to break them down for them.

Umbrella.co.uk prides itself on being upfront and transparent about any deductions that are made from income generated.  We will talk every potential new customer through the charges before you join us and will itemise them on your payslip each week so you know exactly where your money is going, and how the figure for net pay is arrived at.

What should contractors pay themselves?
marketing | 16 September 2017
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Contractor pay is important to us. Many contractors work long hours and have to perform a lot of additional administration that isn’t involved in other lines of work. So it is important that the financial rewards match the burdens of the job.

Unfortunately, the tax framework for contractors is something of a minefield. Recognising the most efficient way to draw income from your contracts is far from simple.

Between umbrella contracting, dividends and IR35 legislation, it can be difficult to know the best way of doing things. We hope to clear it up in this blog post.

Back to school: Four new skills contractors can learn for free
marketing | 4 September 2017
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It’s September again. The days are getting colder and the nights are drawing in.

For parents, it’s also the time of year for new school uniforms because the long summer break is coming to an end and the kids are heading back to school.

Now, with an explosion in the availability of free online courses on everything from cookery to investing in stocks and shares, learning new skills isn’t just for children anymore.

If you want to increase your earning power and run your contracting business more effectively, pick a course below and get learning.

Paradise Papers show tide turning on tax avoidance schemes
marketing | 13 November 2017
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Like the Panama Papers before, the latest leak on the tax affairs of the world’s rich and powerful show that the tide is turning against tax avoidance schemes.

There is no suggestion that those implicated in the leaks did anything illegal, the Paradise Papers have reignited a public debate about the global structures that facilitate tax avoidance.

The leak has led to a further blurring of the line between legal tax avoidance and illegal tax evasion. It has also caused serious reputational damage for dozens of individuals and multinational companies.

Congratulations to Rebeca Rivas - September employee of the month
marketing | 5 October 2017
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Umbrella.co.uk is delighted to announce that our Employee of the Month for September is our lovely Spanish Senorita, Rebeca Rivas!  Rebeca joined our Welcome Team 6 months ago and since then has made herself invaluable for her attention to detail, and very popular with our new customers!  Well done Rebeca!!

Win a £1,000 iPhone X in time for Christmas*
marketing | 18 September 2017
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This is the MUST HAVE iPhone that everyone’s been waiting for!

This brand new handset from Apple has barely been launched but we are already giving our agency consultants the chance to win one just by referring to Umbrella.co.uk between 18 September and 15 December 2017. *

With masses of amazing techie updates including wireless charging, 4k filming, a huge super retina screen and so much more, everyone wants to get their hands on one before Christmas.

It’s easy to refer to Umbrella.co.uk.  Simply email the contractors name, job title, phone number and pay rate to  newsignups@umbrella.co.uk   or call 01625 546 610.

NEW with Umbrella and CIS Max - Save up to 38% on Cinema Tickets!

Friday Payments, discount shopping vouchers and personal accident cover are just some of the great perks of going Max.

You can now save up to 38% on cinema tickets with our new e-vouchers. Simply login to your rewards account, place your order and you will instantly receive an email with a voucher code to exchange at the cinema.  

Simply search ‘Cinema’ to start saving on your cinema tickets!

Our Umbrella and CIS Max packages include this fantastic benefit and will save you hundreds of pounds a year shopping in-store or online. You will get over 2000 vouchers, cashback offers and insurance products from some of the biggest high street brands including supermarkets. These discounts are not available to the public, you will just need to log into your secure account to shop and save. If you are already registered simply login here.

 

FreeAgent Partner Meeting,Umbrella,Accountants,Contractor Accountants,Contractor

On the 5th July our Operations Director, Neil Armitage, will be attending the Strategic FreeAgent Partnership Meeting up at FreeAgent Headquarters up in Edinburgh.  

We’ve attended every partner summit so far and taken part in the self-employed tax summit.

Our partnership with FreeAgent is important to us as a practice as it’s the leading cloud platform for contractor accountancy which means we can be part of steering the direction FreeAgent travels so that we can provide even greater levels of service and portal usability to clients. We will report back after the meeting on developments that will affect our clients.

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