Why is my umbrella take home pay illustration different to my actual net take home?

Umbrella companies will provide you with an illustration to give you an idea of what your take home pay is likely to be after all relevant deductions have been made. While these illustrations are as accurate as possible, it is important to remember that they are only examples, and your actual take home may differ slightly.

How to stay motivated when working from home

According to the Office of National Statistics, less than 30% of the UK’s workforce have experienced working from home for themselves (data before the COVID-19 pandemic). However, as the threat of coronavirus has forced the government to implement a UK-wide lockdown, these figures have soared as millions of workers have been told they must work from home for the foreseeable future.

The UK’s leading professional bodies rally together for clarification from the government regarding furlough pay for agency and umbrella workers

In a bid to seek definitive clarification from the government regarding furlough pay for agency workers (and those using umbrella companies), five of the UK’s leading professional bodies have come together. APSCo, FCSA, Professional Passport, REC and TEAM have all joined forces and have collectively written to the government asking for vital information that will impact over 1 million agency workers and umbrella company employees.

Update for our Umbrella Clients

As a member of the FSCA, Churchill Knight Umbrella can benefit from their expert advice and guidance – especially when it comes to uncharted territory like we are well and truly entering now as a result of the COVID-19 pandemic. We appreciate the government’s efforts to support the self-employed, but a significant amount of information is still required in order to make sense of their new schemes.

The government announce additional support for the UK’s self-employed

As a result of the deadly spread of COVID-19, Boris Johnson has said it is his responsibility to ensure parliament acts like a “wartime government“ and does what is necessary to beat coronavirus, while supporting everyone who will inevitably be impacted by it. The pandemic has already had a significant impact on employers and employees in the UK – resulting in the loss of jobs and severe financial insecurity. But until now, Rishi Sunak had been unclear in explaining his plans for helping the self-employed. However, more information has been made available this afternoon (Thursday 26th March 2020) and here is what we have learned.