Understanding the VAT Reverse Charge for the Construction Industry
Are you ready to dive into the world of VAT reverse charge for the construction industry? If you’re new to this concept or need a refresher, you’ve come to the right place. In this blog post, we’ll walk you through... Read More
Why Do Contractors Pay the Apprenticeship Levy (App Levy)?
One of the most common questions from contractors when they first start working with an umbrella payroll service is “why am I paying the app levy?”. App levy is passed on to the contractor as it cannot be taken from... Read More
Expenses – Can You Or Can’t You?
With the changes to IR35 that were rolled-out on April 5th 2021, many contractors working in the private sectors have found that they can only be paid via an umbrella or internal PAYE. Under PAYE/umbrella, the way that these contractors... Read More
Budget 2021 & April Changes
The Budget is finally upon us and we all wait with bated breath to see what the chancellor has in store for us. We know that with the ongoing pandemic and the financial protection measures in place, the UK economy... Read More
2020 – A Year In Review
2020 for many has been a year of uncertainties, and a year of frustration. With the outbreak of Covid 19 causing both fear and frustration, the knock-on effect that it has had has been much more far reaching than anticipated. From... Read More
Furlough Scheme Extended
On 5 November 2020, the Chancellor announced that the Coronavirus Job Retention Scheme will now run until 31 March 2021. He has also stated that further guidance will be given on the 10th November 2020. Payments Pro will support its... Read More
Preparing For The Future With Your Pension
The number of self-employed and contracted workers that continue to prepare for retirement by investing in a pension has seen a drastic reduction according to our sources. This in part could be put down to the ongoing Covid-19 situation and... Read More
The Fallout From Contractor Loan Schemes
Like nuclear fallout, the contractor loan schemes that were offered in the past still continue to have an affect on those that used them. We have posted about these loan schemes in the past warning contractors about the use of... Read More
Off-Payroll Reforms: UPDATE
As stated yesterday there has been some confusion, and to a certain extent, worry regarding the proposed changes to IR35 that will be implemented next April. The section and change in question raised the possibility of an agency being defined... Read More
Off-Payroll Reforms & Umbrella Payroll
Recently it has come to light that part of the IR35 reform that is due to come into play next April will cause problems for both umbrella payroll services and agencies. The legislation as it currently stands has caused some... Read More