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Contractor umbrella companies and their contractors sent fresh warning from HMRC
HMRC has launched another warning shot across the bows of umbrella companies, announcing renewed investigations into umbrellas and their contractors.
�rkers to shop their agencies or umbrellas for non-compliant activity is a new move on the part of the Revenue� �g: Potentially ineffective overarching employment contracts Dispensations that are invalid, or which have bee�
Category:
News
| Mon, 10 Aug 2009
Professional Passport: a new legal help site for contractors
Professional Passport is soon to provide compliance help on tough topics like managed service company legislation.
�s not legally bound to certify any such scheme as compliant. But having access to a set of standards which th� �by a group of experts with long experience in the contracting industry, Professional Passport has been working�
Category:
News
| Fri, 14 Dec 2007
Loan Charge APPG report calls on Government to address contractor exploitation
The Loan Charge APPG has published a report urging Government to address the exploitation of contractors in non-compliant supply chains.
�ing such providers withhold more money than their compliant counterparts, many have used their wealth to thei� �non-compliance, in a revealing new report. ‘ How Contracting Should Work ’ concludes an inquiry which sought t� �report shows the confusion as to how professional contract and freelance workers are supposed to operate. Th�
Category:
News
| Sat, 10 Apr 2021
IR35 Road Ahead survey reveals over half of firms are not ready for Off-Payroll
More than half of contractor clients are yet to prepare for the Off-Payroll rules, IR35 Shield’s ‘IR35 Road Ahead’ survey reveals.
�contractors cannot tell if an umbrella company is compliant and are therefore vulnerable to tax avoidance sch� �m the answers provided by those currently between contracts who were aware of their most recent client’s comp� �tractors both inactive and currently engaged in a contract. From the answers provided by those currently bet�
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News
| Tue, 12 Jan 2021
ISO9001 certification for project pilots through PCG scheme
A fifth member business to achieves ISO9001 certification
�d straightforward structure upon which to build a compliant quality system. ISO9001:2000 certification to UKA� �as designed specifically for small consulting and contracting businesses. Project Pilots is the fifth member bu� �influence in their decision to award a lucrative contract to Project Pilots.” Congratulating Project Pilots�
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News
| Thu, 21 Jul 2005
Agency Workers Regulations - Swedish Derogation could mitigate pay fears
Contracting clients’ fears of soaring costs may be allayed if service providers adopt the Swedish Derogation to the AWR, says Parasol’s Rob Crossland.
�d before they start work with the client. A fully compliant umbrella employment solutions provider is already� �Contracting clients’ concerns that the cost of hiring contrac� �pany or agency must pay the contractor in-between contracts, and that pay can’t be less than 50% of the contr� �the umbrella company or agency, with a permanent contract of employment in place The umbrella company or ag�
Category:
News
| Wed, 30 Mar 2011
You put your contract in, your contract out. In out, in out, what's IR35 all about?
Your accountant says you’re out, but the taxman says you’re in. Your lawyer says you’re not caught, but your contract is. IR35 woes have hit again!
�come. You’ll meet contractors who say, ‘I am IR35 compliant’, which they think means they are contracting thr� �IR35 compliant’, which they think means they are contracting through their own limited company and that their� �ly to be dashed when your lawyer clarifies, ‘Only contracts can be inside IR35, not contractors.’ So, caught,� �re you caught by IR35?’ they mean is your current contract within the IR35 legislation ‘Caught by’, ‘inside’�
Category:
News
| Mon, 15 Dec 2008
Contracting industry veteran parasol qualifies for professional passport certification
The pioneering umbrella company Parasol has been certified as having the highest possible professional standards by Professional Passport.
�brellas. With the recognition that an umbrella is compliant comes the ability for agencies to recommend it to�
Category:
News
| Thu, 03 Apr 2008
Contractor umbrella Crystal gains AEMC accreditation
Payment solutions provider Crystal Umbrella has become a full member of the Association of Employment Management Companies.
�re in the knowledge that the figures they see are compliant not only with HMRC’s requirements, but also those� �the small but growing ranks of AEMC members, the contracting world would appear to be a safer place. There is�
Category:
News
| Wed, 09 Jul 2008
Off-Payroll: ‘assignment rates’ pose problems for contractors, agencies and clients
Contractors subject to the Off-Payroll rules should be aware of ‘assignment rates’, the quoting of which also poses risks for agencies and umbrellas.
�encies and umbrella companies have engaged in non-compliant practices by unlawfully deducting employment taxe� �Contractors engaging in ‘inside IR35’ contracts are advised to be aware of the term ‘assignment r� �ssignment rate’ quoted by agencies, as the actual contract rate received could be considerably less. In resp�
Category:
News
| Tue, 17 Sept 2019
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