Banning umbrella companies would make outsourced workers "more vulnerable" says the FCSA

Banning umbrella companies would make outsourced workers “more vulnerable” says the FCSA

FCSA, Government, Umbrella CompanyLeave a comment

In a recent report in the Guardian, the Trades Union Congress (TUC) has called upon the government to ban all umbrella companies. The Freelancer and Contractor Services Association (FCSA) has described the request as a “knee jerk reaction” and has jumped to the defence of compliance-driven umbrella companies. Keep reading to discover why the FCSA believe that banning umbrella companies would leave outsourced workers “more vulnerable”.

The government introduces new measures to clamp down on promoters of tax avoidance schemes

The government introduce new measures to clamp down on promoters of tax avoidance schemes

Disguised Remuneration, Government, Legislation, Tax Avoidance, Umbrella CompanyLeave a comment

To clamp down further on promoters of tax avoidance, the government is consulting on new draft legislation. Following on from the Promoter Strategy (unveiled in Spring Budget 2020) and existing steps in the Finance Act 2021, a new series of measures will aim to protect public finances by targetting offshore promoters, UK entities and non-compliant umbrella companies. Keep reading to find out more.

The government to launch a new single enforcement body to protect the rights of employees

The government to launch a new single enforcement body to protect the rights of employees

Employment Rights, Government, LegislationLeave a comment

The government has announced it will be launching a new, single enforcement body for employment rights. Having released a consultation paper in 2019 outlining a plan to consolidate three existing employment welfare bodies into one, the overall reception from over 110 industry stakeholders was positive. Please keep reading and find out more about the new enforcement body and why the government believe it’s a great solution to protect the rights of employees in the UK.

Working through an umbrella company guidance released by the government

Working through an umbrella company guidance released by the government

Advice, Government, Umbrella CompanyLeave a comment

To help contractors and freelancers who may require the services of an umbrella company, the government has released some official online guidance called ‘Working through an umbrella company’. Available on the official government website, the concise information is designed to help temporary workers understand how umbrella companies work and what they should expect to retain as their net salary. We’ve summarised the legislation below, and we hope you find it helpful.

What should private sector organisations already have done to prepare for changes to off-payroll legislation (IR35)?

End client, Government, IR35, Legislation, Private SectorLeave a comment

The much-debated changes to off-payroll in the private sector (IR35) are coming into effect in April 2021. As a result, private sector organisations should already have reliable procedures to ensure each member of their temporary workforce receives a fair IR35 status assessment. This article will set out to answer the question – what should private sector organisations already have done to prepare for changes to off-payroll legislation (IR35)?

How will upcoming changes to off-payroll in the private sector (IR35) impact limited company contractors?

Government, IR35, Legislation, PayrollLeave a comment

Having been delayed for 12 months in response to the coronavirus pandemic, changes to off-payroll in the private sector (IR35) will be coming into effect in April 2021. This doesn’t mean the end of contracting through a limited company in the private sector. However, it does mean that contractors with a personal service company (PSC) will no longer be able to determine their IR35 status. Instead, it’ll become the end-clients responsibility (if they’re classified as a medium or large sized organisation). Keep reading and find out more about how the upcoming changes to off-payroll in the private sector (IR35) will impact limited company contractors.

The FCSA writes letter to Rishi Sunak asking for more support for contingent workers

Coronavirus, Economy, FCSA, GovernmentLeave a comment

Phil Pluck, Chief Executive at the Freelancer and Contractor Services Association (FCSA), has written a letter to Chancellor Rishi Sunak pleading for more support for the UK’s temporary workforce. The letter has been written in response to the support measures that were announced after the UK’s third lockdown was confirmed in early January.

Disguised remuneration schemes: HMRC is changing its angle of attack, and they may need your help

Advice, Contractor, Disguised Remuneration, Government, HMRC, Loan Schemes, Tax AvoidanceLeave a comment

In an unusual appeal, HMRC has asked for the assistance of organisations and workers in gathering evidence to help tackle unethical disguised remuneration schemes. More precisely, HMRC is looking for stakeholders to help them understand why people are continuing to engage with disguised remuneration schemes, how they can identify new schemes, and where they can take further action to close schemes and reclaim unpaid tax fairly.