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 people losing work due to the various lockdowns, to panic buying and food shortages, our great […]

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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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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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The Future of Furloughing

As the smallest entity across industry supply chains, contractors have been among the hardest hit by the Covid 19 lockdown.  For many contractors, the Coronavirus Job Retention Scheme (CJRS) has been an essential and valuable necessity when many of their staple contracts and placements have had to be postponed or cancelled. When a contractor is […]

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Umbrella Or PAYE

With April 2020 looming, many contractors are finding that they have to find an alternative pay method for receiving their remuneration. Most agencies are instructing contractors to use an umbrella company to be able receive payments from the agency, otherwise they will need to go PAYE. The changes in IR35 legislation are being felt right […]

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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 company or had their own Limited Company before, then this additional deduction can cause some […]

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