Umbrella Company Articles

There has been a seemingly non-stop run of positive news stories for the IT industry in the UK recently. 2015 seems to be doing little to buck this upward trend! Employers group the CBI, along with accountancy giants PwC have forecast that the majority of banks and other financial institutions will raise their IT spending in the year ahead.

There are numerous benefits and reasons that umbrella companies exist for contractors working in the UK and it is not just that they allow contractors to benefit from tax relief for travel and subsistence costs

At Umbrella we wish to highlight the deep concern felt with the points raised and possible proposals outlined in the recently published HMRC document titled ‘Employment Intermediaries: Temporary workers – relief for travel and subsistence expenses’

Christmas Jumpers
editor | 10 December 2014
/

We're off to a festive start raising money for Christies with Dan Bird winning Week 1 of the Christmas Jumper Competition. Don’t forget to vote every Friday on our Facebook page for your favourite Umbrella.co.uk reindeer by liking their photo. Ho Ho Ho!

As previously reported, the Chancellor as part of his Autumn Statement, has stated there will be a discussion opened regarding the Government’s concern that “some temporary workers to benefit from tax relief for home to-work travel expenses that is not generally available to other workers”.

One of the benefits of working through an Umbrella company is that by becoming an employee of the umbrella company you can benefit from the tax free incentive of being reimbursed partly through childcare vouchers instead of taxable wages.

From April 2016 Umbrella Company Workers in Scotland could be subject to different rates of Income Tax (PAYE) than other umbrella company workers in the rest of the UK. This follows new legislation via The Scotland Act 2012.

editor | 11 December 2014
/ /

Christmas is just around the corner and like Santa Umbrella.co.uk delivers in time for Christmas Day. We will be running our payroll right up until Christmas Eve afternoon to ensure that all of our customers are paid on Christmas Day – or, for the price of a Christmas drink, on Christmas Eve! Contact us to arrange a Christmas Eve payment.

Umbrella.co.uk is highly commended as ‘Best Company To Work For’ and ‘Business of the Year – Turnover over £5million’ by North East Cheshire Business Awards. Sponsored by NatWest.

Today, 3rd December 2014, the Chancellor George Osborne delivered his Autumn Statement (#AS2014).

Pages