Contractor Articles

Stephen Holt Wins Umbrella.co.uk December Employee of the Month
marketing | 14 January 2020
/ / / / / /

We are delighted to announce that Stephen Holt, Payroll Assistant, has won December Umbrella.co.uk Employee of the Month.

“Stephen always goes the extra mile to help agencies and our internal teams, ensuring contractors get paid correctly and on time. A crucial team player who’s enthusiasm and positive attitude shines through every day.

Congratulations Stephen for your double December win…Employee of the Month and got engaged! Well done and keep up the good work.” Jon Biddle, Director.

Allison Gallagher Umbrella.co.uk July Employee of the Month
marketing | 5 August 2019
/ / / / / / /

Congratulations to Allison Gallagher, Finance & HR Manager, on winning July Umbrella.co.uk Employee of the Month.

Allison has been invaluable and hard working member of the team for 9 years.

“Well done to a very deserving winner!" Simon Pearson, Finance Director.

Christmas Plans: Don’t Forget Your Self-Assessment
marketing | 6 December 2018
/ / / / / /

As Christmas draws closer, many contractors will be finalising their plans for the festive season.

You know who is in charge of wrapping presents, what time you’re going to travel to the in-laws and who’s cooking the turkey. But you shouldn’t forget about the tax return deadline in amongst all the merriment.

After all, you only have until 31 January to complete and pay your Self-Assessment.

Missed the First Loan Charge Settlement Deadline? Don’t Despair
marketing | 3 October 2018
/ / / / / /

HMRC is targeting contractors that have participated in disguised remuneration ‘loan schemes,’ and time is running out to avoid an enormous tax bill next year. 

If affected contractors fail to make a settlement with HMRC by 5 April 2019, any outstanding ‘loan’ tax payments could be tacked onto their 2018/19 tax bill.

Unfortunately, the first settlement deadline has already passed. HMRC had instructed contractors to register their interest in settling and fill out relevant documentation before 30 September.

Alex Jennings Wins March Employee of the Month

"Alex Jennings, our Birmingham Born Baggies fan, leads the Umbrella.co.uk Payroll Team and has won Umbrella.co.uk March Employee of the Month.

Alex is a calming influence within Operations ensuring workers are paid on time and always goes the extra mile to resolve queries.

Congratulations to a very deserving winner!" Jonathon Biddle, Chief Operations Officer.

Government Launches ‘Meaningless’ Review of IR35 Changes

The Government has this week launched a review of the upcoming change to off-payroll (IR35) working rules. But the review has already been branded ‘limited’ and ‘meaningless’ by industry experts.

The review will gather evidence from contractors and large and medium-sized businesses and will determine if any further steps can be taken to ensure the ‘smooth implementation’ of the reforms.

Legislators will need to act quickly, however, because the reforms are still due to take effect in April 2020.

Tom Bescoby Wins June Umbrella.co.uk Employee of the Month
marketing | 17 July 2019
/ / /

The accolade of “Employee of the Month” was presented today to Tom Bescoby. Tom has been with Umbrella.co.uk for almost three years and is one of our hardest working Account Manager’s. Tom’s personable and friendly disposition ensures that he’s always engaging with our clients. Tom receives a glowing recommendation from many of our clients who benefit from his fast, efficient and reliable service.

Richard Perch, Account Director, who works alongside Tom said “Presenting this award to Tom was a real pleasure. He’s a real inspiration to the industry and we’re very proud of him. We hope he enjoys the Champagne with friends and family. Working alongside Tom I can testify as  to how passionate he is in trying to deliver the ultimate service to our clients”. 

What expenses can limited company contractors claim

If you contract through a limited company, there are certain expenses that you can claim against your income to reduce your tax liability.

If your limited company makes £50,000 and you claim back £10,000 in allowable expenses, the taxable profit will be £40,000.

There are some rules governing what expenses limited company contractors can claim.

Jack Ward - Employee of the Month June 2018 - Umbrella Accountants

Umbrella.co.uk is very pleased to announce that our employee of the month for June is Accountancy Support team member Jack Ward.

Jack joined Umbrella as an apprentice and has progressed into his current position showing great enthusiasm and aptitude.  He is consistently handling the most incoming telephone enquiries and has made himself invaluable to colleagues! 

Well done Jack, and keep up the good work!

Billy Barnett Wins Umbrella.co.uk February Employee of the Month

“Congratulations to Billy Barnett, a hard-working member of the Customer Services Team and the February Employee of the Month. Billy is extremely customer focussed and certainly a character within the office. We often have to discuss his work attire! Currently he’s soldiering on wearing one work shoe, one trainer and is blaming this on a ‘dodgy ankle’.  Well done Billy.” – Sarah Postlethwaite, Customer Services Manager

Pages