Self-Employed

What is an Umbrella Company?

September 11 2020 @ 1:40 pm by Sam Wright

What is an umbrella company? In an ever-expanding contractor market, most people in self-employment will be familiar with concerns over long-term financial commitments, frustration at a lack of holidays or maternity / paternity pay, and a general unease about making ends meet between contracts. For many, the freedom that freelancing affords is countered by the […]…

IR35: everything you need to know

July 20 2020 @ 9:41 am by Sam Wright

IR35 (introduced in 2000) determines whether a contractor is working through their limited company correctly. IR35 legislation tends to concern contractors and freelancers who provide services via an intermediary, or Personal Service Company (PSC). It does not apply to umbrella company contractors. IR35 changes (changes to off-payroll working rules) in the private sector come into force on […]…

Important Announcement for Furloughed Workers

May 18 2020 @ 8:14 am by Sam Wright

Danbro are pleased to confirm that we will be basing all furlough payments on 80% of taxable pay. Our clients have been informed and those who have already received a payment from us – calculated at 80% of National Minimum Wage – will have their entitlement recalculated and the difference paid. All others who are […]…

‘Avoid tax avoidance’ with a compliant umbrella company

March 03 2020 @ 1:41 pm by Sam Wright

The Government has issued fresh guidance to help contractors’ spot non-compliant, tax-avoidance schemes. The information, freely available on their website, aims to help contractors and agency workers identify ‘umbrella’ schemes which wrongly claim to be able to increase your take-home pay. This often means paying less in Income Tax and National Insurance contributions (NICs). Additional […]…

Understanding your tax code

February 17 2020 @ 2:18 pm by Sam Wright

Your tax code is based on the amount of tax you should be paying and the amount you can earn before tax applies. Whatever your employment status, it’s important to know what code you’re on. Whether you’re an umbrella company employee, are self-employed, or if you’re a limited company contractor, you will have a specific […]…

Your Rights as an Umbrella Company Employee

January 03 2020 @ 3:34 pm by Sam Wright

Umbrella companies act as intermediaries between contractors and their end client or agency. They employ freelance workers, who move from contract to contract providing specialist services to different businesses. UK contractors contribute a huge amount to the economy, providing a flexible workforce that continues to grow. But as the country’s contingency workforce has expanded, so […]…

Umbrella Company vs Limited Company

August 19 2019 @ 3:07 pm by Sam Wright

Umbrella Company vs Limited Company. If you’re a contractor, freelancer, or fancy becoming a business owner, it’s important to know your options. And, in a world of clients and contracts, there are two main types of payment structure. Limited companies and umbrella companies. But how do they compare, and which one should you choose? What’s […]…

Danbro’s Employment Umbrella

May 14 2019 @ 10:26 am by Sam Wright

At Danbro, we’re more than payroll providers, we’re employers. For decades, our employment umbrella has provided contractors like you with the security and reliability of continuous employment. We offer the benefits – over and above those which are statutory – and protection of full-time employment. It’s flexible too. Not only for you – the person […]…

10 Gadgets to Treat Your Business to This Christmas!

December 14 2018 @ 11:08 am by Sam Wright

So, you’ve picked your parents’ prezzies, selected your sister’s stocking filler, and spent a fortune on Fortnite vouchers and LOL Dolls! Everyone’s taken care of, but, what about treating your business to a gift or gadget this Christmas? You might not think it traditional to expect a return on investment for a Christmas present, but […]…

‘Influencer Tax’: How Much Tax Do Bloggers & YouTubers Need To Pay?

October 19 2018 @ 10:00 am by Sam Wright

‘Influencer tax’. ‘YouTuber tax’. ‘Blogger tax’. These are all very ‘21st Century’ terms. But they’re becoming ever more common when it comes to making money from online content creation. Whether you upload vlogs to your YouTube channel, post Instagram pics promoting certain brands, or write guides and reviews on your blog, how much tax do […]…
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