It’s more important than ever to ensure you use compliant umbrella companies. A recent report by the LITRG found there are over 500 umbrella companies in the UK. With so much choice, how do you know which providers are operating ethically within the market? Keep reading, and we’ll summarise the importance of using a compliant umbrella company and provide some tips to help you find a provider you can trust.
In a recent press release, the Recruitment & Employment Confederation (REC) calls upon HMRC to set up a special hotline for workers to report non-compliant and unethical umbrella companies. The dedicated phone line is just one part of REC’s “four-point plan” to protect workers from unscrupulous tax avoidance schemes and non-compliance. Keep reading to find out more.
HMRC has been aware of mini umbrella companies (MUC) for years, but sadly, they’ve made the headlines again recently. Interestingly, rather than targeting temporary workers, the criminals behind mini umbrella companies are targeting recruitment agencies. Keep reading, and we’ll summarise what’s going on.
Having undergone a thorough compliance review, both Churchill Knight & Associates Ltd and Churchill Knight Umbrella have successfully proven they remain fully compliant with UK tax law and associated regulations. As a result, both companies retain their FCSA membership for another year. Keep reading to find out more about the FCSA, and why passing the annual compliance review is something we’re celebrating.
The Conduct of Employment Agencies and Employment Business Regulations 2003, or more commonly referred to as the Conduct Regulations, were introduced to provide a minimum set of standards that must be adhered to when placing a work-seeker into a role in the UK.
An investigation into mini umbrella companies conducted by BBC Radio 4’s File on 4 found that over 40,000 workers from the Philippines have been sourced to front UK-based umbrella companies to promote tax avoidance. This article looks into mini umbrella companies and explains how they’ve contributed towards millions of lost tax.
Both Churchill Knight & Associates Ltd and Churchill Knight Umbrella have successfully passed their annual FCSA compliance review. Having undergone a thorough review from independent professionals, both companies have been able to prove they operate compliantly and in accordance with the FCSA’s strict Codes of Compliance.
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.
Umbrella companies offer a compliant payroll service (PAYE) for contractors. They are very flexible and can be used at any stage of your contracting career – and for any length of assignment. Continue reading to discover the five key benefits of working via an umbrella company.
As changes to off-payroll in the private sector get closer, umbrella companies are being discussed more than ever. To help the supply chain of temporary workers understand umbrella companies and how they operate, the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation (CIOT), has released an impressive 149-page technical report on umbrella companies. The report covers everything – from how umbrella companies work – to disguised remuneration schemes. Keep reading, and we’ll summarise the report entitled: Labour Market Intermediaries.
