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Umbrella company contractors to reap multiple benefits from Agency Workers Regs (AWR)
Contractor umbrella solutions providers will enter a new era that should benefit contractors once the Agency Workers Regulations come into force.
�rs need to get on with providing contractors with compliant trading solutions, not gambling that they might s� �in’ period, during which clients, recruiters and contracting solutions providers will jostle for position. But� �lutions providers offering overarching employment contracts, ie the classic umbrella company , there is no wa�
Category:
News
| Mon, 15 Aug 2011
Contractors urged to share views on umbrella working with Government
A new Government consultation into the umbrella industry is calling for evidence, and contractors must share their experiences and help shape the market.
�ative or regulatory protections to help keep them compliant and avoid dodgy tax avoidance schemes.” Avoidance�
Category:
News
| Mon, 20 Dec 2021
Will contractors foot the bill for HMRC blitz on Managed Services Company providers?
New guidance issued by HMRC targets offshore and self-employment MSC providers, leaving contractors at risk from debt transfer provisions.
�iming that their contractor payment solutions are compliant and unaffected by MSC rules. And contractors coul� �we have had with HMRC, that they genuinely want a contracting sector that is compliant and has high standards.”�
Category:
News
| Fri, 05 Dec 2008
Limited and umbrella company contractors unaffected by expenses consultation response
Limited company and umbrella company contractors are unlikely to be affected by the government’s response to the OTS expenses exemptions consultation.
�or neutral and will only impact negatively on non-compliant service providers. “There is some confusion over�
Category:
News
| Thu, 18 Dec 2014
Contracting and the national minimum wage (NMW)
Limited company contractor directors are not affected by the national minimum wage, but umbrella contractors employed by their service provider are.
�ation. Umbrella company contractors employed by a compliant service provider are affected, and NMW applies. C� �excluded by the rules, so NMW does not apply Contracting businesses are typically highly cash generative f� �because if the umbrella is not compliant with its contracts, it may not be compliant in other ways. The situa� �e to go down this route, and set up an employment contract with their own business, NMW will apply If NMW ap�
Category:
Articles: Limited Companies
| Wed, 30 Apr 2014
Tax avoidance review: HMRC should focus on the cause, not the symptom
HMRC and the Treasury should focus more on supporting compliant taxpayers with less complicated tax policy, and less on punishing non-compliance.
�e Treasury should spend more effort on supporting compliant taxpayers with more considered tax policy and fun�
Category:
News
| Wed, 16 Mar 2016
Contractors still happy with umbrella companies
The umbrella company is surviving the many legislative changes we've seen in the past few years. Communication seems to be the key.
�can't be broken. We ensure that all types become compliant and stay that way. There is a training element in�
Category:
News
| Wed, 07 Nov 2007
PRISM calls on Government to not extend IR35 reforms to private sector
PRISM calls on the Government to stop and analyse all evidence, before making plans to extend IR35 rules to the private sector.
�seek out providers who offer high-return but non-compliant solutions. Since its introduction we have seen an�
Category:
News
| Thu, 21 Sept 2017
Contractors no longer use IR35 & tax as the sole reasons to choose umbrella companies
Tarpon's Anthony Bennett explains how umbrella companies no longer compete solely on the basis of tax but on service, process & efficiency.
�at what we would wish for as an IR35 replacement? Compliant umbrella companies no longer under the spotlight� �y or for the convenience of dipping in and out of contracting with no limited company legacy. Now the umbrella� �ing outside the UK on many, if not most, of their contracts. They could be outside the UK’s offshore tax terr�
Category:
News
| Fri, 02 Jul 2010
Contractors only marginally affected by offshore employment intermediaries proposals
Contractors using offshore tax schemes and less compliant umbrella companies may be only marginally affected by HMRC’s offshore employment proposals.
�ax schemes and those trading via some of the less compliant umbrella companies are likely to feel only a marg�
Category:
News
| Tue, 11 Jun 2013
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