1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

umbrella

  1. D

    Umbrella employee taking dividends from dormant company

    Hi contractors, need some advise here: 1) Can I take dividends from a dormant company whilst working for an umbrella? 2) If yes, and I take dividends from my dormant company, what tax rate would I be looking at? Will these these be the usual dividends tax rate of 7.5%, 32.5% and 38.1%? Or...
  2. S

    Umbrella Company says no to furlough

    Well after 2+ years of doing 'the right thing' and working inside IR35, it looks as though I, and many others, have been shafted. Just got this from my Umbrella - not their fault at the end of the day but the Government that obviously despises contractors regardless of whether they are inside...
  3. M

    IR35 reform delay - too late to help?

    So literally 2 hours before the IR35 reform delay was announced, my client FINALLY made a decision on how they were going to proceed. They had decided that the role was 'inside' IR35. However, they stated that they would NOT issue an SDS to the agency, they would simply say to the agency 'the...
    • mrrossi
    • Thread
    • ir35 ir35 reform delay reform delay umbrella
    • Replies: 15
    • Forum: IR35 Reform
  4. Freud

    Which Umbrella from PSL (again !)

    I have been through the site and seen other similar questions but they don't quite answer mine. Many other PSL questions seem to have included Paystream which is recommended but not on mine. My PSL list is: Nasa Group Clipper Contracting Crest Plus Danbro Giant Group JMK Group Racs Group...
  5. M

    Is a SDS required for a role / contractor working via Umbrella (beyond April)?

    Hi all Just wanted to clarify something about contract roles via Umbrella's and whether an SDS has to be provided for that role (or any individual contractor). If a client (post April 6th) decides to engage a contractor via an Umbrella (I'm not saying they necessarily have chosen a complete...
    • mrrossi
    • Thread
    • ir35 psc sds status determination umbrella
    • Replies: 1
    • Forum: IR35 Reform
  6. M

    Umbrella vs. Agency PAYE?

    Hi all, I'm new here, and also new to contracting. I've been offered a 6 month public-sector contract with what seems to me like a fairly mind-boggling day-rate. I've been told by the recruitment agency that I can either be paid PAYE through them, or go through an umbrella company. Both they...
  7. V

    Legally, whose choice is it which Ubrella Company I work with?

    Seems to me that it is my choice which Umbrella Contract I work under, no?
  8. L

    Are contracts more or less the same when comparing Umbrella to Outside IR35?

    Thinking on the other side of the fence, if I have a contractor that just walks out the door upon a blanket inside determination and I have to put their contract out to the market as 'umbrella only'. I'd certainly want a 4 week notice period instead of the usual 1 week (maybe 2) either way etc...
  9. E

    IR35 status when contracting from abroad

    Hi, My UK Ltd company provides consulting services to my UK based client. They have requested to all contractors to use the CEST tool to assess if we are inside or outside IR35. I recently moved to Spain whilst temporarily (for the next month or so) will carry on working for my UK Ltd company...
  10. E

    how to work out if an umbrella company is dodgy: holiday pay etc

    Hi A broker contacted me and the umbrella he proposes is not registered with the FCSA so that's my first red flag. I have done some calculations of take home pay as a percentage of gross, giving further red flags. weekly gross £1435 broker's umbrella deduct £244 p/week (17% of gross). Take home...
  11. F

    From Outside IR35 to umbrella

    Hello all, I am sorry, if this has already been answered before. At the moment I am finishing my contract which is Outside IR35. The client then offered to all of the contractors in the same team extension of the contract but under umbrella rules. How HMRC wise risky this move is? The same...
  12. I

    Does Umbrella provide professional indemnity insurance and public liability insurance

    Hi, I have been contracting using my own limited company until now. I have just been offered a new contract and the client decided that all contracts are now inside IR35 (no exceptions) so I'll have to use their partner umbrella company for this engagement. Now the agent is asking me to...
  13. C

    Umbrella Vs FTC

    Hi, I am new to this forum. Post 29th Feb, my client has suggested to have fixed term contract (FTC) than going via umbrella. As per them, it'll be much beneficial than via Umbrella. No detailed calculations/discussion has taken place. I have asked for sample calculations and waiting... Was...
  14. M

    Client "no longer using PCSs" vs "role is now inside IR35" - risk of investigation?

    Client "no longer using PCSs" vs "role is now inside IR35" - risk of investigation? Hi all Is there a difference in the risk of HMRC IR35 investigation after staying on at a client post Apr 20 (switching to an Umbrella at contract renewal on the 2nd March) between the client saying (end of Jan...
    • mrrossi
    • Thread
    • ir35 ir35 investigation psc umbrella
    • Replies: 12
    • Forum: IR35 Reform
  15. F

    Yet another Limited inside IR35 vs Umbrella thread

    Hi, As you can see this is my first post, so, sorry if this is not the correct place. First of all, I haven't set up my company yet. I've been offered a job (actually my first job in the UK, I'm an expat) and I can go for PAYE or Limited, but because of April 2020 changes I might be forced to...
  16. T

    Need Advice on Choosing Umbrella

    Hi All, Apparently my end client has now assessed that my upcoming contract is deemed to be with in IR35 rules. I have been given the following list of preferred umbrella companies by the end client. Can some one please let me know your experience/recommendations from the list below, 1)...
  17. C

    employers NI - weekly or annually?

    Hello all. I started a contract just before the end of the tax year, and my earnings for 2018/19 were around £5.5k. From this, the umbrella company have taken a total of £666 in "Employer Statutory Costs" i.e. employers NI. A bit of research done on the internet suggests that I should have...
  18. L

    contractor goes perm with mvl and wants to go back to contracting

    TL;DR; I liquidated my LTD company and went for a permanent position. Unfortunately, it did not work out and I want to go back to contracting, but I can't open a new LTD for 1.5 year. What are my options? I was a contractor for many years and around 1.5 year ago I decided to try a very...
  19. K

    Using Contractor Umbrella Ltd for Reed Technology contract

    Hi all, First post here, and hopefully unique enough to warrant a separate thread! I secured a 6-month contract with a gov't department, via Reed Technology. It's my first contract and inside IR35. Given these facts it seems like using an umbrella company is the most sensible approach. So...
  20. G

    UK umbrella offering 80% retention for contract in Belgium

    Hi Contractors, Got a sugestion to go through an umbrella "The Optimum Pay Group" for a contract in Belgium. They offer 80% retention. Too good to be legal, looks like. The representative from umbrella said it's because of 183 day rule... How does that sound to you? Anybody delt with them...

Partners

Contractor Mortgages
Contractor Mortgages
PI Insurance
PI Insurance
Closing your company
Closing your company
Contractor accounting
Contractor Accounting

Advertisers

Contractor services

CUK News All news

Tag cloud

accountant agw boomed! contract contract advice expenses global warming guinea pigs hmrc ir35 limited company monday links mumsnet online tax the official doom training trigger warning umbrella wgas
  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
Back
Top