Chancellor Kwasi Kwarteng has announced today (22nd September 2022) that the 1.25% increase to National Insurance will be reversed from the 6th November. Continue reading to discover how this will affect businesses and taxpayers.
The difference between a contractor’s assignment rate and gross rate of pay is an area that often causes a lot of confusion – especially if you are new to contracting. Continue reading to discover the difference and why the two pay rates are displayed on your payslip.
A new corporate report released by HMRC in 2022 features a frequently updated list of named tax avoidance schemes and how they have been helping temporary workers avoid paying their fair share of income tax and National Insurance Contributions. In this article, we’ve summarised the creative ways unethical tax avoidance schemes operate to help you understand the warning signs of…
Our latest article outlines everything you need to know about onboarding with an umbrella company, from the initial stage of requesting a take-home pay calculation through to getting paid your net salary for the very first time.
HMRC recently hit a tax avoidance scheme promoter with a £1 million fine, close to the maximum fine allowed by the First Tier Tribunal. Continue reading to learn more about this case and why you should never engage with a tax avoidance scheme.
