Umbrella company advice and news
From the category archives:
On 26th April Glen Reeve, with the support and sponsorship of ContractorUmbrella, will be running for 26 miles; just imagine running 26 miles! For most of us the thought of running for a bus is exhausting – the marathon course is further than the distance between England and France ! So why is Glen doing [...]
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In 2010 our members of staff will be either running, walking, jumping out of planes or hosting an online silent auction depending on their age, fitness, ability and degree of sanity. To make things even more interesting (or possibly dangerous) we are asking for suggestions for fund raising events that we can carry out over the course of [...]
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I for one, consider it good news that HMR&C are considering asking for receipts to prove scale rate expense claims are warranted. This might help to put an end to the misleading marketing claims made by certain Umbrella Companies who are making promises of 80 or even 85% of their gross income value.
HMRC originally introduced [...]
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If you are going to use the services of an Umbrella Company to handle your pay, why would an estimated take home pay figure be more important than the service you are likely to receive?
I personally blame the unscrupulous Umbrella Companies who suggest that they can net contractors a higher take home pay. This [...]
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One of the most common questions that I am asked is how an umbrella company can ‘maximise’ a contractors’ earnings; the answer is that it can’t. All umbrella companies operate in exactly the same way and all are governed by rules and regulations that are applied by HM Revenue and Customs.
That said, I am sure [...]
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There have been so many questions by new contractors about umbrella companies and the way that they work that I thought I would start a blog to try and answer the most common questions. Firstly and most importantly all umbrella companies are governed by the same rules. All will process your payments through PAYE (Pay [...]
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If you have researched umbrella companies you will probably have come across the term ‘Dispensation’ or even ‘Special Dispensation’. It is a word that, for some companies, forms the basis of advertising and marketing campaigns e.g. ‘Contractor dispensation – high take home pay’ or ‘HMR&C approved expenses dispensation’. So, will an umbrella company’s dispensation increase [...]
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