Autumn Budget 2024: What were the Chancellors’ Key Announcements?
Today (30th October 2024), Chancellor Rachel Reeves delivered the new Labour government's first Budget. Our latest article summarises…
Umbrella company vs limited company
Contractors and freelancers in the UK are commonly faced with two options when choosing how to operate: umbrella…
How much money will I earn when I work via an umbrella company?
Receiving your first payment from an umbrella company can often be confusing, especially if you are new to…
UK Supreme Court rejects PGMOL appeal over £584,000 tax bill
The Supreme Court has rejected an appeal by the Professional Game Match Officials Limited (PGMOL) challenging a £584,000…
Do contractors using an umbrella company need to submit a self-assessment tax return?
If you are a contractor working via an umbrella company, you may wonder if you must submit a…
Umbrella company vs Agency PAYE: what is the difference?
When accepting a temporary assignment through a recruiting agency, contractors and freelancers in the UK are frequently given…
Try the free and comprehensive umbrella company calculator built by Payslip Buddy
Payslip Buddy, an AI-powered umbrella payslip auditing software, has released a free and comprehensive umbrella company calculator, and…
Can you use salary sacrifice with umbrella companies?
Salary sacrifice isn’t for everyone. However, it can be an excellent way for employees to boost their earnings…
Compliant umbrellas help the government and don’t contribute towards lost tax
Non-compliant umbrella companies are causing havoc in the industry. However, it’s worth remembering that compliant umbrella companies help…
Late self-assessment tax returns will avoid fine if submitted by 28 February, HMRC confirms
To help people cope with the pressure of the pandemic and the confusions it’s bought to the UK,…
What is Pay as You Earn (PAYE)?
If you’re using an umbrella company for your payroll, or you’re considering it, you should already know what…
The warning signs of a tax avoidance scheme
Using an umbrella company is a simple, hassle-free way to get paid as a contractor, and the majority…
