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Amendments tabled to Finance Bill to “curb or kill” umbrella companies
The amendments tabled by senior Conservative MPs seek to combat malpractice and reduce tax avoidance and evasion of potentially over £1bn per year.
�ressive tax avoidance schemes to self-proclaimed “compliant” firms who skim monies from contractors’ wages by� �me following a Loan Charge APPG Inquiry into ‘How Contracting Should Work’ with a powerful report published in�
Category:
News
| Thu, 20 May 2021
Professional Passport leads supply-chain compliance discussion with new report
Professional Passport publishes report laying down a pragmatic path to supply chain compliance. But, will HMRC listen?
�ry to recoup some £1bn in lost revenue due to non-compliant practices. Outlined in a new report entitled The� �legislation and regulation. Dave Chaplin, CEO of contracting authority ContractorCalculator said: “This excell�
Category:
News
| Mon, 07 Jun 2021
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�
Category:
News
| Tue, 12 Jan 2021
New Umbrella Tax Legislation Targets £2.85 billion in Unpaid Tax
The Government has published draft tax legislation which makes recruitment agencies liable for any unpaid tax by umbrella companies.
�ills for workers. The Government asserts that non-compliant companies also harm compliant businesses and the� �on their behalf. The end client will be liable if contracting directly with an umbrella company." Chaplin says:� �ting appears to only make the highest agency that contracts with the client to be a 'relevant party' - leavin�
Category:
News
| Tue, 22 Jul 2025
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
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�
Category:
News
| Thu, 21 Jul 2005
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