Home Tags Contractor Umbrella Companies

Tag: Contractor Umbrella Companies

Contractor Umbrella Companies
Many contractors use contractor umbrella companies both to avoid IR35 tax and to process their income.

Th e umbrella company is able to offset some expenses against tax for the contractor that they wouldn’t get if they were a permanent employee or paying IR35tax.

However, these expenses, like travel and subsistence, are coming under threat from Conservative Chancellor George Osborne.
Promised to Abolish IR35
The Conservativs came to office with a wink and a nod that they would abolish IR35.

However, all that they actually promised was to ‘look at’ IR35 again.

They kept that promise and did look at IR35 again.

However, it was not the outcome that contractors expected.

The Conservatives decided to keep IR35 and, not only that, they decided to strengthen it.

They have been doing so ever since.

[caption id="attachment_878" align="alignnone" width="218"] Contractor Umbrella Companies which avoid IR35 tax[/caption]

Umbrella Company or Limited Company – Which should I Pick

Umbrella Company or Limited Company A reader sent in the following question on whether to choose an Umbrella Company or Limited Company. We have asked...

Starting Contracting – Should I Become a Contractor?

Starting Contracting A decision about starting contracting is one that every permanent employee has to take early on in their careers. Once a permanent employee gets...

Umbrella Company or Limited Company – The Choice

Umbrella Company or Limited Company To be in an Umbrella Company or Limited Company is one of the great choices that UK contractors have to...

Offshore Umbrella Company History for UK Contractors

Offshore Umbrella Company History This article explains the history of offshore umbrella companies and what they do for contractors. Any offshore umbrella company history would not...

Umbrella Companies History – How They Started | UK Contractors

Umbrella Companies History The Umbrella Companies History started in 1999. That's when IR35 went on the statute books. Companies were laying off workers on the Friday...

Top Umbrella Company Tips before You Join One | UK Contractors

Top Umbrella Company Tips It's worth taking these top umbrella company tips if you are inside IR35. So, here are 10 questions you should ask when...

Contractor Co-operatives Becoming All The Rage | Outside IR35

Contractor Co-operatives It woul be worth your while looking at contractor co-operatives. With the Chancellor and the Tories targetting one man bands, whether in Umbrella Companies...

Hitting Umbrella Companies – Why Chancellor is Crazy to Do It

Hitting Umbrella Companies We got the news recently that the Chancellor was hitting umbrella companies by stopping them claiming travel and subsistence expenses against tax...

IR35 | Will Chancellor Suckerpunch Contractors?

Suckerpunch Contractors In amongst the delight of PSC contractors at being spared, yesterday, the question is now being asked as to whether Chancellor Goerge Osborne...

Do Umbrella Companies Pay Employers National Insurance (NI)

Employers National Insurance Contributions Many contractors want to know if their umbrella company will pay their employers national insurance (NI) contributions. More than 200,000 British based...