Posts tagged with: loan scheme

loan scheme

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

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... Read More

Why do contractors still fall for loan schemes?

Considering the amount of coverage in the news regarding the the loan charge situation it still amazes me that companies are still offering these dubious workarounds. Loan charges are illegal and should be obvious by their amazing return on a... Read More

The April 2019 Loan Charge

Are you liable for the April 2019 loan charge? We have had a number of enquiries from people that were previously paid via loan schemes (disguised remuneration). These people have now found that they need to be paid using PAYE via Umbrella... Read More