Umbrella.co.uk have today launched our new Umbrella Logo with the strapline:
account | consult | reward
This change has been made to reflect that we offer more than just a contractor umbrella company or limited company accountancy services to contractors and freelancers.
, we covered some of the biggest Budget announcements and how they would affect contractors. This included a big change to and other smaller changes to tax and spending.
Buried a little deeper in the Chancellor’s Budget statement, we uncovered one more change that pushes HMRC further up the payment pecking order when a business goes insolvent.
The number of insolvencies expected to affect UK companies is set to rise, according to analysts at bankruptcy-insolvency.co.uk, an established debt advice service. With more businesses failing to budget accordingly for HMRC liabilities, many SMEs (smal and medium sized enterprises) could be pushed over the edge.