For most contractors, Holiday Pay is an area that causes a lot of confusion when they register with an umbrella company. Our short blog explains what Holiday Pay means when you work through an umbrella company and how it is calculated.
There are many reasons why you might consider closing down your limited company and start contracting through an umbrella company. Whatever the reason for switching, you will need to consider the process of closing down your company and ensure you thoroughly research umbrella companies.
Taxpayers once again broke records in 2020, with over 11.1 million customers filing their self-assessments online by the 31st January deadline. Did you file on time or have you missed the deadline?
