Search Results

Counting the true cost of a contractor umbrella company – contractor checklist
Contractors can use Contractor Calculator’s checklist to spot the hidden costs in advertised umbrella company fees.
�convenient trading solution whilst they decide if contracting is a lifestyle choice for them, or those consider� �ll print to see that they are offering employment contracts. That is one of many checks contractors should ma� �ms actually apply to their personal situation and contract. If the umbrella is advertising its services as f�
Category: Articles: Contractor umbrellas companies | Tue, 08 May 2018

What is the joint employment model for engaging contractors?
Joint employment is a model available to agencies and hirers but shouldn’t be considered a quick fix for compliance challenges posed by Off-Payroll.
�status will be reflected through their employment contract which will specify both employers. Though this en�
Category: Articles: Contractor umbrellas companies | Tue, 29 Sept 2020

How umbrella company contractors calculate holiday pay when on maternity leave
Umbrella contractors can find claiming holiday pay on maternity leave complex, but it does not have to be, says Pulse Umbrella Group’s Chris Futcher.
�ted by umbrella companies : “Under an overarching contract of employment used by umbrella companies, all con�
Category: Articles: Contractor umbrellas companies | Tue, 08 Dec 2015

Umbrella companies: Common questions and issues explained
Contractors like to stay on top of their careers but can be misinformed. Lesley Sweetman from Parasol exposes the top myths about umbrella companies.
�companies like to ensure they are on top of their contracting careers by getting paid on time, claiming all the� �y or the client. It is the umbrella company which contracts with the agency or client and not the contractor.� �months, such as when they have just negotiated a contract extension, that location is reclassified as the c�
Category: Articles: Contractor umbrellas companies | Tue, 01 Mar 2011

What contractors should do if their umbrella company goes bust
Contractors must protect themselves up front and move on if their umbrella company goes bust, say Parasol’s Rob Crossland and ClearSky’s Derek Kelly.
�to exist overnight, and that means all bets, and contracts, are off, as Kelly explains: “Contractors’ employ� �ould take home pretty much the same percentage of contract value. So beware of umbrella companies making ext�
Category: Articles: Contractor umbrellas companies | Tue, 02 Aug 2011

Contractors can check their PAYE umbrella company is financially sound – here’s how
Rob Crossland of Parasol explains how contractors can check that their umbrella company is safe to use and won’t leave them out of pocket.
�ell an umbrella company is being run: “If you are contracted to an umbrella company, you are an employee of th� �anisation. That means you must have an employment contract, not just a set of terms and conditions outlining�
Category: Articles: Contractor umbrellas companies | Mon, 22 Feb 2010

IR35 taxes uncollectable if contractors’ company has no money
Contractors falling foul and whose company has no cash to pay any tax due to HMRC are safe from personal liability.
�will exercise reasonable due diligence with their contracts and take professional advice about whether IR35 a� �at IR35 due diligence was completed for each past contract, then contractors in this situation should not be�
Category: Articles: IR35 | Mon, 04 Jan 2021

Contractors can avoid IR35 by using substitutes, subcontractors and helpers
You can use other workers to help fulfil contracts and thereby prove those contracts are outside.
�an contribute to fulfilling the requirements of a contract, particularly if the lead contractor falls ill or�
Category: Articles: IR35 | Wed, 06 Jan 2021

Keeping control keeps IR35 away from contractors
To stay outside, you should ensure you are not under the supervision, direction and control of your clients.
�when determining control. This is because in many contracts the contractor is required to work on the client’� �requires doing, which was outside of the original contract. There are two aspects to the ‘what’ factor: Does�
Category: Articles: IR35 | Thu, 07 Jan 2021

IR35 and contracting bonuses – how to manage bonus payments
Contractors must adopt the correct terminology when agreeing to performance-based bonuses for a project.
�d with employment. In fact, that simple word on a contract may be sufficient to spark an IR35 enquiry. So co�
Category: Articles: IR35 | Wed, 13 Jan 2021