An umbrella company is an organisation that employs independent contractors who work on temporary contracts. The umbrella company invoices the client (the company that the contractor actually works for) and then pays the contractor after making deductions for things like tax and National Insurance contributions. Read more:
Blog: Risk & Compliance
These days, an employee doesn’t have to be physically in your office to work for your company — or even in the same country.
Opening your eyes to working with employees who aren’t located in your country can bring great results to your company — but there are a few administrative hoops you’ll need to jump through.
The dual impacts of the IR35 amendment in April 2021 and the ongoing pandemic has been a major challenge for…
In 2017, BBC presenter Christa Ackroyd made headlines when she lost an appeal with HMRC and had to fork out a huge £419,151 in uncollected Income Tax.
The reason? Christa was not an employee of the BBC, but a freelancer working through a limited liability company (LLC). Changes to the IR35 legislation, which governs how ‘off-payroll’ workers are taxed, meant that she was found to be a ‘deemed employee’ — and thus liable for taxes and National Insurance Contributions (NICs) at the same rate as an employee. Since she wasn’t aware of this, she was left with a bill for seven years’ worth of unpaid taxes. Read more to find out about IR35 and it’s effect on businesses across the UK.
In 2017, BBC presenter Christa Ackroyd made headlines when she lost an appeal with HMRC and had to fork out a huge £419,151 in uncollected Income Tax.
The reason? Christa was not an employee of the BBC, but a freelancer working through a limited liability company (LLC). Changes to the IR35 legislation, which governs how ‘off-payroll’ workers are taxed, meant that she was found to be a ‘deemed employee’ — and thus liable for taxes and National Insurance Contributions (NICs) at the same rate as an employee. Since she wasn’t aware of this, she was left with a bill for seven years’ worth of unpaid taxes. Read more to find out about IR35 and it’s effect on businesses across the UK.
Becoming a contractor in the UK has its pros and cons. The flexibility and privilege of being in charge of…
In 2021 governments and courts across the globe set their sights on gig platforms. Gig platforms engage millions of workers across the globe as independent contractors however due to concerns around worker misclassification there has been an increasing focus on how they engage workers.
On December 9th 2021 the European Commission released a proposal that is aimed at improving the rights of people working through digital platforms. In this blog we look at what is outlined in this directive and what it means for the industry.
The contingent workforce is growing at a rapid rate worldwide. The fast-tracked adoption of remote work scenarios is allowing more…
