Fcsa Articles

Umbrella contractors, High paid contractors, Umbrella working, FCSA, Umbrella vs Limited company,

New research from the Freelancer and Contractor Service Association (FCSA) shows that umbrella working is being adopted by more and more high-end professionals in a range of sectors.

The research, which compares umbrella working in 2015 and 2017, also found that umbrella employees are enjoying better rates of pay and longer, more stable assignments.

In 2017, the FCSA found that 73% of umbrella workers were earning more than £15 per hour, compared with 53% in 2015.

The average length of an assignment more than doubled in two years from 14 weeks in 2015 to 29 weeks this year. The average length of employment with the umbrella company also increased from 30 weeks to 46 weeks. 

Nicholas Holmes, CEO of Umbrella.co.uk, has been elected to the Board of the FCSA
marketing | 26 September 2016
/ / /

Umbrella.co.uk are delighted to announce that Nicholas Holmes, CEO of Umbrella.co.uk, has been elected to the Board of the FCSA (Freelancer & Contractor Services Association).

Umbrella.co.uk is an associate member of the FCSA which is now the largest trade body for compliance in our sector, and has very stringent criteria for membership.

Public sector contractors despair at off-payroll IR35 consultation

If the reforms go ahead, then public sector bodies and agencies would be responsible for deciding whether a contractor qualifies for IR35 restrictions. This differs from the current system where intermediaries like individual limited companies (commonly known as personal service companies) or umbrella companies decide IR35 status.

Experts believe that this will result in more public sector contractors being ‘caught out’ by IR35 legislation. Some fear that even the most independent contractors are at risk of paying more tax because of difficulties proving the absence of IR35.

Umbrella.co.uk gains FCSA associate status
marketing | 17 August 2015
/ / /

We are delighted to announce that Umbrella.co.uk has become an associate member of the Freelancer and Contractor Services Association (FCSA).

Founded in 2008, the FCSA is the trade body for professional umbrella employment and contractor accountancy providers. It works to support the contractor services sector and the UK’s flexible workforce.

Umbrella Travel and Subsistence Review

At Umbrella.co.uk we were a member of and part of the steering group for the FCSA led Syndicate of Employment Intermediaries and their response to the HMRC discussion document titled “Employment Intermediaries: Temporary workers – relief for travel and subsistence”.

FCSA blasts public sector IR35 changes
marketing | 10 February 2017
/ / / /

A professional contractor employment services body has been scathing in its criticism of the changes to the off-payroll public sector changes, due to take effect in less than two months.

The Freelancer & Contractor Services Association (FCSA), which represents more than 110,000 contractors in the flexible workforce sector, said that the changes raise problems associated with accountancy, points of law and practicality. 

Bad reaction to public sector IR35 proposal
marketing | 22 August 2016
/ / / /

Industry insiders have responded negatively to a consultation on the government’s latest IR35 proposal.

The proposal would see public sector organisations made responsible for determining the IR35 status of a contractor. Practically, this means that many more Personal Service Company contractors will be caught out by the IR35 legislation.

The contractors would be forced to pay tax as if they were traditional full-time employees, without enjoying any of the same employment rights and benefits.

Many inside and outside the industry see this as unfair. There is also a large amount of concern about some of the proposal’s unintended consequences.

The Freelancer & Contractor Services Association (FCSA) warned against leaving the decision to parties that will struggle to make an accurate IR35 assessment. 

Government accused of hypocrisy over councillor expenses
marketing | 2 November 2015
/ / / / / /

The Freelancer and Contractor Services Association (FCSA) has accused the government of valuing councillors over contractors, calling hypocrisy on government plans to provide travel-to-work tax relief to local councillors at the same time as talking of scrapping them for temporary workers.

At a time when the review into contractor travel and subsistence (T&S) tax-relief is ongoing, it has emerged that MPs want to award councillors a similar package of tax savings on their travel.

The government changes will exempt councillor travel expenses from income tax and National Insurance. This applies to journeys made between the councillor’s home and permanent workplace.  

Subsistence & Travel Review

At Umbrella.co.uk we were a member of and part of the steering group for the FCSA led Syndicate of Employment Intermediaries and their response to the HMRC discussion document titled “Employment Intermediaries: Temporary workers – relief for travel and subsistence”.

HMRC
editor | 9 January 2015
/ / / / / /

Yesterday (8th January 2015) Umbrella.co.uk attended an FCSA meeting and consultation with HMRC regarding the 'Employment Intermediaries: Temporary workers - Relief for subsistence and expenses proposal.