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Contractor Doctor: Can I claim shared parental leave through my umbrella company?
Umbrella company contractors can claim shared parental leave from their service provider, if they are eligibe, says Parasol's Kerry Harvey.
�arents.” Umbrella company contractors employed by compliant umbrella services providers should receive all th� �ed. This flexibility enables a contractor to keep contracting.” Contractors must be eligible for SPL to qualify� �y working through an umbrella company . My latest contract has lasted just over nine months, and I have been�
Category: Articles: Contractor Doctor Q+A | Thu, 09 Apr 2015

Contractor Doctor: Can umbrella companies withhold holiday pay for days not taken?
Umbrella companies, like any employer, should pay holiday pay, but employees should also take holidays, says Parasol’s Juliet Byrne..
�rasol “Umbrella company contractors working for a compliant service provider are employees with a contract of� �pany to an employment tribunal.” Check employment contracts and take holiday Byrne notes that Tony’s case is� �rella company and I’ve just finished a three-year contract helping a client to build a new website. Since I�
Category: Articles: Contractor Doctor Q+A | Tue, 21 Oct 2014

Online contractor accountancy increasingly mainstream, fuelled by new contractors
Online contractor accountancy is becoming increasingly mainstream, fuelled by a steady stream of new contractors, says inniAccounts’ James Poyser.
�y team. That’s not just to ensure the software is compliant and up-to-date, it’s also to provide direct suppo� �the economic recovery: “Now is a good time to go contracting. But a year ago people were reluctant to leave a�
Category: News | Tue, 11 Feb 2014

Contractor Doctor: Can I start a contract when on gardening leave?
Employees on gardening leave and considering contracting should check their employment contract first or they may risk breaching its terms.
�aimed. The overarching employment contract that a compliant umbrella company provides enables contractors to� �ationships that may damage their former employer. Contracting via a limited company or umbrella company means t� �league who went freelance to work on a short-term contract with her, and she is suggesting I can tax efficie�
Category: Articles: Contractor Doctor Q+A | Wed, 17 Jul 2013

Comparing state insurances and private income protection
Contractors will find that state insurances won’t provide a financial safety net if they can’t get work or fall ill.
�icies. Umbrella company contractors working for a compliant service provider should both qualify for and be p� �ny kind of a safety net for the resulting loss of contracting income. The main state benefits for contractors n� �enges as limited company contractors when between contracts. What state insurances are available for contract� �overnight if they suddenly fall ill or are out of contract. That’s why at as a minimum we recommend that con�
Category: Articles: Contractor Income Protection | Wed, 06 Apr 2016

Contractor banking – running a business bank account
Having successfully applied for and opened a business bank account, contractors should adopt best practice when running their company’s account.
�ir contractor limited company’s financial affairs compliant.� �ar ‘audit trail’. For example, at the end of each contracting month a contractor can make three payments from t�
Category: Articles: Contractor banking | Mon, 15 Aug 2016

Contractor guide to mobile phone expenses – warning, some rules are counterintuitive
Contractors claiming costs of mobile phones from their contracting business must abide by HMRC’s expenses rules, explains Abbott Moore’s James Abbott.
�ations costs. That way they will ensure they stay compliant and avoid the unwelcome attention of an HMRC inve� �e, smartphone or similar mobile device from their contracting business must abide by HMRC’s strict expenses rul� �“Ideally, contractors should start a mobile phone contract in the name of the business,” continues Abbott. “�
Category: Articles: Expenses | Tue, 22 Mar 2011

What is a ‘personal service company’?
Many contractors who work for clients through their own limited companies frequently find their business referred to as a ‘personal service company’.
�elp with tax issues and generally ensure you stay compliant. If you use a specialised firm the fees can be ve� �estigating the tax affairs of contractors. In the contracting sector, the generally accepted definition of a pe� �not want even the slightest risk of there being a contract of service, or an employment relationship, with t�
Category: Articles: Limited Companies | Thu, 22 Mar 2018

Increased dividend taxes – time to dis-incorporate?
Ltd Co contractors considering dis-incorporating to avoid dividend tax may find they're better off staying as they are, says Duncan Strike of Intouch.
�new umbrella models. Now some less reputable and compliant umbrella companies will be providing models that� �terms of its shareholdings.” Due to the nature of contracting, limited company contractors’ circumstances often� �dangerous by potential clients, resulting in less contracts for the contractor.” Strike also points towards l�
Category: Articles: Limited Companies | Wed, 17 Feb 2016

Contracting abroad: the most attractive contracting destinations according to the WEF
Contractors can use the Global Competitiveness Report 2014-15 by the World Economic Forum to identify the most attractive contracting destinations.
�brellas that have the right permits to be legally compliant. Japan and Sweden suffer from over-regulated labo� �Contractors looking for the best location for contracting abroad can use the latest Global Competitiveness� �proposition for contractors evaluating long-term contracts. Hong Kong and the Netherlands, in seventh and ei�
Category: News | Thu, 04 Sept 2014

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