Changes to off-payroll (IR35) working in the private sector came into effect on 6th April 2021. While they didn’t mean the end of contracting through a limited company, it does mean that the supply chain must work together to ensure HMRC compliance is satisfied. Our latest blog looks at Status Determination Statements (SDS) and provides an overview of what they are, and why they’re so important.
There are advantages and disadvantages to setting up your own limited company or contracting through an umbrella company. Continue reading to discover the benefits of each and to find out whether you are better suited to contracting via a limited company or an umbrella company.
Published on the 25th of August 2022, HMRC released new guidance to help educate agency workers and umbrella company employees about the risks of non-compliant payroll arrangements. The guidance includes helpful information to help contractors and freelancers make better decisions regarding their payroll.
Are you wondering how to become a contractor in the UK? Our 5-minute guide will help you get to grips with contracting and preparing for the next steps in your career.