An Umbrella Company provides a number of benefits to a Contractor and is an alternative to managing a Ltd Company. 1: Offsetting Legitimate Business Expenses. The main financial benefit of using an Umbrella Company is the legitimate off-setting of business expenses. HMRC has strict guidelines about what expenses you can legitimately offset, and in what circumstances but in general terms, if you are at a temporary place of work, and expect to be there for less than 2 years, then the cost of … [Read more...]
Important information for all our Contractors
This is for information only, you do not need to do anything at the moment.It's been 3 years since our Pension Auto Enrolment and now we must go through our first re-enrolment. Automatic re-enrolment is a statutory process that all companies have to go through.This means that from 31st October 2016, any workers that have opted out 12 or more months ago and are still active, will be automatically re-enroled.All you need to do if you wish to opt out again, is to follow the original … [Read more...]