At the end of this strangest of years, Umbrella’s traditional end of year celebrations and awards ceremony have for the first time been held in our offices! Conscious of our status as a holder of a COVID-secure employer accreditation, the prize winners were informed by email and were invited to make the solo walk to CEO Nick Holmes’ office to collect their trophy and accept the praise heaped on them! The walk along ‘Winners’ Way’ was accompanied by appreciative cheering and support from their colleagues!
All the team at Umbrella.co.uk would like to wish you a happy festive season and a prosperous new year.
This year has been turbulent and challenging for all and we are excited to welcome in the New Year and are hopeful that normality is within reach.
HMRC’s controversial ‘Check Employment Status for Tax’ (CEST) tool is unable to provide an IR35 status for one-in-five contractor queries.
With a few months to go before IR35 rule changes are applied to contractors in the private sector, HMRC data shows that their online IR35 checking tool was used almost a million times in the last year.
Of the 975,416 online checks completed, the tax authority found that 505,598 (52%) were deemed outside IR35, 281,099 (29%) were classed as inside IR35 and 188,719 (19%) were undetermined, meaning the tool could not provide a definitive answer.