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Warning: Umbrella companies making advance gross payments aren’t compliant with law
Public sector contractors are at risk from a new dodgy umbrella scheme which makes use of ‘bonus’ payments which are liable for tax at a later date.
�rella companies have adopted since the changes to IR35 in the public sector , where the problem is inten� �g. More contractors are hedging their bets on non-compliant umbrella providers to help recoup earnings lost t� �egal and business services to the recruitment and contracting sectors, “We have seen firms like these make dubi� �tractorCalculator, after investigating an unusual contract and payslip from a public sector contractor worki�
Category: News | Thu, 03 Aug 2017

What is a Key Information Document (KID)?
Contractors working ‘inside IR35’ under the Off-Payroll rules should expect to receive a KID from their agency at the beginning of each engagement.
�Contractors working ‘inside IR35’ under the Off-Payroll rules should expect to rec� �nd exposes any red flags indicating potential non-compliant tax treatment of their earnings. What should be i� �D) from their agency at the beginning of each new contract. A new initiative designed to deliver transparenc�
Category: Articles: Contracting | Tue, 19 Jan 2021

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.
�ale sign of potential wrongdoing. Worryingly, the IR35 Impact survey by IR35 Shield revealed 78% of cont� �ative or regulatory protections to help keep them compliant and avoid dodgy tax avoidance schemes.” Avoidance�
Category: News | Mon, 20 Dec 2021

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.
�alyse all evidence, before making plans to extend IR35 rules to the private sector. IR35 regulation has� �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.
�lly revisit CGT later in this parliament! Abolish IR35? Be careful what you wish for But that simplistic� �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 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.
�e great but only for those of us always caught by IR35 Steve - London Send us your comments ''To make c� �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

Key Information for Contractors
Managed Service Companies
�cts and what should they do to make sure they are compliant? Contractors can avoid MSC rules and non-complian� �tions do contractors have open to them with their contracts and what should they do to make sure they are com�
Category: Managed Service Companies

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

Contractor tests to see if suppliers are Managed Services Company (MSC) providers
Contractors can avoid MSC rules and non-compliant service providers, says Stuart Davis in his first interview since becoming SPA Chairman.
�can all-to-easily fall into the trap of using non-compliant service providers and falling foul of the taxman,� �que insights into both the recruitment agency and contracting sectors. In his new SPA role, he intends to use t� �provider to manage their accounts, to check their contracts or as a trading vehicle, such as a contractor umb�
Category: News | Thu, 28 Jan 2010

Contractors warned of return of Managed Services Company legislation
Post the Dragonfly case and awaiting the Treasury’s move on umbrella expenses, can contractors relax? Not according to Lawspeed’s Adrian Marlowe.
�nal service company services, company formation , IR35 services , accountancy advice, employment umbrell� �of various trade associations and that they are ‘compliant’. But Marlowe urges contractors and agencies to u� �After a dramatic few weeks for the contracting sector, you’d be forgiven for thinking that perha� �re-examine the fundamentals of current and future contracts. Add to this the Treasury’s current consultation� �g that will go down in contracting history as the contract with a right of substitution clause that was judg�
Category: News | Mon, 20 Oct 2008

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