CIS Workers: Get Your Refund Back Fast With Umbrella.co.uk
Editor | 27 April 2021
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If you’re a sub-contractor working within the Construction Industry Scheme (CIS), you can get your annual tax refund back faster with Umbrella.co.uk. The average CIS rebate is around £2,000, but you can claim back even more with our tax experts.

Whatever you’ve got planned this summer - whether it’s a much-needed holiday, home or garden improvements or a real treat for your friends or family - make sure you’ve got the cash when you need it.

Limited Company Contracting in 2021/22? Time for a Rethink

Are you a contractor? Are you planning to work through your own limited company in the new tax year? New IR35 rules could mean that it’s time to rethink the ltd way of working.

Changes to off-payroll working (IR35) rules mean that contractors are more likely to be caught out. From the start of the 2021/22 tax year, private sector clients will be responsible for judging a contractor’s IR35 status for the first time.

The Super Deduction Explained
Editor | 13 April 2021

What is a super deduction?

It allows companies to claim a 130% first year allowance (FYA) for investment incurred on qualifying plant and machinery acquired between 1 April 2021 and 31 March 2023.

Under the super deduction, for every pound a company invests, their taxes are cut by up to 25p.

The government announced the super deduction in the March 2021 Budget, in the hope that the scheme will encourage business investment and stimulate economic growth.