Churchill Knight Umbrella teams up with Access Financial to offer international payroll solutions for recruitment agencies

Churchill Knight Umbrella is delighted to announce our new partnership with international payroll specialists Access Financial. Our new relationship means we now provide market-leading support for agencies placing candidates internationally. We ensure all parties comply with local payroll laws and legislation, removing the risks and providing complete peace of mind.

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

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.

Umbrella companies: What is fact and what is fake news?

The coronavirus pandemic has put monumental stress on key workers in the UK, including NHS staff, carers and emergency workers. To show their appreciation, businesses have been offering key workers special discounts and offers. However, HMRC has been made aware of multiple tax avoidance schemes that have been targeting key workers (especially NHS) and trying to mislead them into avoiding their legal tax responsibilities.

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The importance of using a compliant payroll provider as a contractor

As a freelancer or contractor, it is likely you will set up your own limited company or work through a PAYE umbrella company. However, with so many providers of payroll services available, how do you know which one to use? Whatever your decision, make sure the company you use to take care of your payroll is reputable and compliant, or the repercussions could be devastating.

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What are the benefits of working through an umbrella company?

With changes to off-payroll legislation (IR35) that have come into place in the public sector, and soon the private sector, demand for umbrella companies has drastically increased. Umbrella company payroll is an alternative payroll option to agency PAYE, and is a popular choice for contractors who can no longer work through a PSC (Personal Service Company).