Umbrella company advice and news
From the category archives:
The introduction of the Agency Worker Regulations on 1st October this year has had an apocalyptic effect on the recruitment industry which has already had more than its fair share of legislation to deal with over the years. This latest offering from the EU was gold-plated, thanks to Union intervention, and is backed by a [...]
{ 0 comments }
‘IR35 Friendly’ Contracts – Not So Friendly!!
On 27th July 2011 the judgement was handed down from the Supreme Court in the case of Autoclenz Ltd v. Belcher and Others and it has confirmed that a contract that is written to be inside IR35 but is not a reflection of the work the contractor will actually [...]
{ 0 comments }
It is shocking that a large number of contractors have lost thousands of pounds after the demise of offshore umbrella company Tract Management. Those contractors affected are attempting to band together to bring justice against the owners of Tract Management who just seemed to disappear from the company’s offices overnight.
With the introduction of BN66 , [...]
{ 0 comments }
In October 2011 a new piece of legislation will be put into place in the UK which was designed to protect the interests of individuals who work through Employment Agencies and give them rights equal to those of permanent employees in comparable positions. The legislation is referred to as the Agency Worker Regulations and includes [...]
{ 0 comments }
The regulations were introduced to give low-skilled agency workers protection from being exploited by work seeker companies (employment agencies). Contractors were however also being included within this legislation, although an option to ‘opt-out’ of the legislation was agreed, which caused confusion within the industry and amongst individuals so the government proposed to update and further [...]
{ 0 comments }
It is human nature that people will look for ways to save money and advertisements promising 85% or even 90% take home pay from your earnings will always be tempting. So, is it possible? Yes, definitely. Is it risk free? Definitely not? In fact, you can quite safely say that the risks attached to ‘tax saving’ schemes are astronomically high.
{ 0 comments }
Anyone who has seen the film Minority Report will understand the concept of punishment for a crime before it has happened based on the visions of the thought police. A thought provoking fantasy, one would think, without any basis in reality…….until now.
It is common knowledge that HMR&C are currently exploring the many uses for retrospective [...]
{ 1 comment }
