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Moving from employment to contracting? How to plan handing in your notice
If you’re ready to take the first step to independence and a greater income — that is, to become a contractor, you will need to handle giving notice to your employer properly.
�g. This can be a delicate step, as often employee contracts can involve long periods for termination. Your co� �ts can involve long periods for termination. Your contract could oblige you to put in a certain length of ti�
Category: Articles: First timers | Tue, 29 Nov 2016

6 classic barriers to starting contracting and how to beat them
Would-be contractors often believe that there are too many barriers to going contracting, but most can be overcome, or are simply contracting myths.
�Contracting is often seen by would-be contractors as having t� �. This is a contracting myth. There are plenty of contracts out there that need a contractor to help manage c� �on into contracting, then you will find that each contract adds to your skills and experience. You can also�
Category: Articles: First timers | Thu, 13 Apr 2017

Contractors rarely operate as sole traders
Contractors wanting to work as a sole trader will find agencies and clients won’t work with them. Here's why and the solution.
�d under PAYE schemes. In addition to all of this, contracting as a sole trader, even if it could be done, would� �qualified director for example – could still find contracts via an agency by joining an umbrella company or g� �. A sole trader contractor might attempt to win a contract with the client, but the client’s agreement with�
Category: Articles: First timers | Wed, 19 Sept 2018

What employee benefits do contractors not get?
Here are some of the important differences when comparing the situations of contractors versus permanent employees.
�eeker allowance between jobs Yes No 27 Freedom to contract (status cannot be overruled) Yes No 28 Subsidies:�
Category: Articles: First timers | Thu, 30 Jul 2020

What contractors should do if their umbrella company goes bust
Contractors must protect themselves up front and move on if their umbrella company goes bust, say Parasol’s Rob Crossland and ClearSky’s Derek Kelly.
�to exist overnight, and that means all bets, and contracts, are off, as Kelly explains: “Contractors’ employ� �ould take home pretty much the same percentage of contract value. So beware of umbrella companies making ext�
Category: Articles: Contractor umbrellas companies | Tue, 02 Aug 2011

How umbrella company contractors calculate holiday pay when on maternity leave
Umbrella contractors can find claiming holiday pay on maternity leave complex, but it does not have to be, says Pulse Umbrella Group’s Chris Futcher.
�ted by umbrella companies : “Under an overarching contract of employment used by umbrella companies, all con�
Category: Articles: Contractor umbrellas companies | Tue, 08 Dec 2015

Contractor T&S changes: Who is liable for unpaid tax and NICs?
Umbrella companies needn’t worry about incurring tax for falsely processing T&S expenses for contractors, thanks to a new SDC testing solution.
�work on other things not originally agreed in the contract. Non-compliance – who’s liable? Umbrella contract�
Category: Articles: Contractor umbrellas companies | Mon, 23 May 2016

Umbrella companies – the three main tax models available for contractors
The Contractor umbrella market is segmenting in response to recent changes in legislation with three main models now being used.
�is relief for home to work travel providing their contract doesn’t exceed 24 months, by which point it would�
Category: Articles: Contractor umbrellas companies | Mon, 13 Jun 2016

Umbrella contractors and emergency tax codes
Contractors new to an umbrella company can pay more tax than they need to, but this does not have to be the case, as Derek Kelly of Parasol explains.
�ontractor moves from their own limited company to contracting with an umbrella company , they or their accounta� �ttle planning and filing paperwork safely between contracts,” says Kelly, “contractors can start work with th� �of moving between past permanent jobs or to a new contract with a different trading vehicle. This can mean p�
Category: Articles: Contractor umbrellas companies | Tue, 03 Feb 2009

Contractors can check their PAYE umbrella company is financially sound – here’s how
Rob Crossland of Parasol explains how contractors can check that their umbrella company is safe to use and won’t leave them out of pocket.
�ell an umbrella company is being run: “If you are contracted to an umbrella company, you are an employee of th� �anisation. That means you must have an employment contract, not just a set of terms and conditions outlining�
Category: Articles: Contractor umbrellas companies | Mon, 22 Feb 2010