This week, as part of a series of measures aimed at shoring up the UK’s economy in the midst of the Covid-19 crisis, the Government launched their ‘Coronavirus Job Retention Scheme’ (CJRS). In an unprecedented attempt to help both businesses and employees affected by the virus’ financial fallout, the scheme will pay a large portion […]…
Contractors; as it’s Cheltenham Festival week – for the time being, at least – let’s consider IR35 in racing terms. The twists and turns of the IR35 jump race are almost over. For many, the final fence (Wednesday’s Budget) has now been hurdled and the legislation is onto the home straight. And, whether you wanted […]…
A significant benefit of working through an employment umbrella company, like Danbro, is your entitlement to statutory payments. This includes things like sick pay, maternity and paternity pay, and holiday pay. By law, the moment you become employed – be it full time, part-time, or even ‘zero-hours’ – you will start earning holiday pay. There […]…
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 a compliant umbrella company and avoid schemes which wrongly claim to be able to increase your take-home pay. This often means paying less in Income Tax and […]…
There are two main types of payment structure for self-employed contractors and freelancers. Limited companies and umbrella companies. Both of which offer certain advantages depending on your personal circumstances. This article focuses on the pros and cons of operating a limited company. So, if you need more information on umbrella companies and how they operate […]…
Changes to the rules for off payroll working in the private sector (IR35) are fast approaching. The reforms will have radical implications for the way private sector businesses interact with the UK’s contractor workforce. More concerning, perhaps, is the impact IR35 will have on the tax arrangements of the contractors themselves. Depending on personal circumstance, […]…
We’re now almost a month into a shiny new decade. As many people battle to keep alive their New Year promises, steering clear of the beer and resisting red meat, now could be the time to consider a more long-term resolution. In short, could the new decade be the catalyst for that game-changing new business […]…
2020. New year, new decade, and new opportunities for you and your business. And, according to our Founder and Executive Chairman, Damian Broughton MBE, it looks set to be “a year of change and growth for us all.” “2020 – For many, an indication of perfect vision. For the baby boomers, it was a year […]…
Changes to IR35 in the private sector are hot on the horizon. You need to be ready for what’s to come. For many, that means switching to an employment umbrella company. To make things easier for you, our clients, we’re offering our leading umbrella company solution FOR FREE*! This exclusive offer is available to all […]…
Register Online Umbrella companies act as intermediaries between contractors and their end client or agency. They employ freelance workers, who move from contract to contract to provide 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 […]…
