One of the most asked questions by contractors who are new to the contract working scenario is ‘What is the difference between an Agency PAYE and Umbrella? While contractors do have the option to work under their own limited companies, most pr...
Working as independent contractors has seen a rise in the recent years. Stastisa back in December 2019 published a report stating that the number of zero-hour contract workers in the UK rose up from 225 thousand people in 2000 to around 896 thousand ...
Everyone loves to be his/her own boss and this thought alone has led to more and more people shifting towards contract jobs. Working as a contractor gives an individual the freedom to work on his own terms and choose projects and assignments accordin...
HMRC has recently issued Spotlight 54 warning tax avoidance schemes that are targeting NHS workers who have returned to jobs in response to the Coronavirus response. HMRC further says that all such schemes are using an umbrella company where the wage...
The UK workforce has over 896,000 employees working as contract workers, according to a report published in 2019 by Stastisa. However, saving enough money for retirement can be a tough task for many contractors due to the varying income means alongsi...
Rishi Saunak, the UK’s Chancellor announced the first budget of his term recently amid the havoc wrecked by the ongoing Coronavirus pandemic. It was the first budget since October 2018 and is mainly aimed at the healthcare sector and offering secur...
The tax year for 2020/21 has already begun from April 6th, 2020. New tax rates and thresholds are out and amid the Coronavirus outbreak, personal finances can be affected by the new tax rates introduced by the government. Here’s everything individu...
The UK is one of the 199 countries being severely affected by the outbreak of the COVID-19 pandemic which started with just a single person living in the city of Wuhan, China. Since then over a million people all around the world have been affected b...
The job scenario has been rapidly changing and IT is one industry that has seen an enormous shift from permanent jobs to contract based jobs. The stereotype behind contact workers until now was that they weren’t talented enough to get themselves a ...
Career boredom is one of the very common issues prevalent in today’s workforce. But again constantly switching over jobs can backfire one’s career if s/he is a regular employee within an organisation who is liable to tax deduction as well as gett...
Reliasys is a fast growing umbrella company serving contractors mainly in the IT, Medical and Healthcare profession. The solution has been designed keeping in mind the needs of the modern contractor. It is the most hassle free solution for contractors starting out on their contracting journey or want a simple way to get paid.