Editor | 9 August 2009

The recent Lords ruling in the case of Stringer v HMRC means that some contractors (so called permtractors) may be able to claim holiday pay from the client they are working for.

HMRC have just issued a new consultation document titled: "False self-employment in construction: taxation of workers". HMRC is requesting all comments on the proposals should reach them by 12 October 2009.

Strictly speaking Umbrella Companies don't charge a "fee". If they charged a fee then it would be subject to VAT. What they do do though is pass on an administration cost in calculating the profit on your contract. This is called the umbrella company's margin.

Editor | 4 May 2009
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How a Contractor can assess if they are caught by IR35 - The key points in assessing whether you are outside the scope of IR35.

Editor | 26 July 2009

If you are paying a £15 (or more) CHAPs fee for same day payments with your Umbrella Company then you don't need to.

Often Umbrella Companies quote that if you are a contractor looking to join them then your contract must be be for a period of less than 2 years. This isn't stricly true.

An Umbrella Company is an organisation that contractors can join to ease their tax and pay issues.

Since the introduction of IR35 most companies or recruitment agencies that employ the services of contractors have required that they are invoiced for the work performed from a limited company.

From 6th April 2009 HMRC have announced that all Umbrella Companies will be able to offer scale rate dispensations for various types of expenses.