Posts filed under: HMRC

HMRC

Why Should I Use Salary Sacrifice?

With the continued bulk of contracts falling inside of IR35, many contractors are being hit with a double-whammy. Workers are seeing an increase in the amount of HMRC contributions that they are liable for compared to working through their Limited... Read More

NIERS – Your Questions Answered

Working in the contractor/agency sector, you find that the same questions always rear their heads. One of the most repeated questions is what is this  NIERS deduction on my payslip?  If they have not been paid via an Umbrella Payroll... Read More

Why Should You Request A P45?

It is a disturbingly common practice among contractors to move from one umbrella payroll provider to another whilst they are working with recruitment agencies. This can be down to a number of reasons including an agency insisting that you use... Read More

Why Use a Compliant Umbrella Payroll Company

If you are a contractor, you have a number of options when it comes to payroll. You can set up your own limited company (if outside of IR35), or you can use an umbrella payroll provider. The odds are that... Read More

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

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

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
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