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 the reduced or absence of income that many contractors have faced, placing many in a […]

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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 these as well as the grey area caused by name changes and workarounds used to […]

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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 as the intermediary and therefore being responsible for any contributions that a contractor would be […]

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Building A Better Umbrella

Despite many agencies now instructing contractors to only use FCSA accredited umbrellas, the marketplace is still full of dubious payment providers. Unfortunately when a contractor is offered a unrealistically high take-home pay, they are willing to push and push the agency until they can use the umbrella.  This causes problems for everyone especially the contractor.  […]

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We Are FCSA Accredited

Payments Pro are now a fully accredited FCSA member further proving our commitment to compliance and market-leading customer service. The Freelancer and Contractor Services Association (FCSA) was setup to ensure that accountancy, umbrella and payroll in the contracting sector had clearly defined standards.  Set up in 2008 they rigorously ensure that registered members follow HMRC […]

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