Robert Lee (a project manager) received a tax bill of £70,000 from HM Revenue & Customs regarding multiple IT-related outside IR35 contracts he did through his limited company “Northern Lights Solutions” for Nationwide Building Society between 2...
The variety that accompanies working in the contracting world automatically enhances your skill sets, industry information, experience and exposure to dynamic conditions. It offers you the chance to challenge your capabilities in new conditions, assi...
The IR35 changes came into power in April 2017, when the off-payroll reforms were first introduced in the public sector. The Government reported in Budget 2018 that they would be carrying out these IR35 changes to the private sector in April 2020. Ho...
It's simpler to clarify what authentic self-employment means. True self-employed individuals are operating a business for their own, offering types of assistance openly to their own customers and clients, instead of being incorporated into another co...
After the successful implementation of off-payroll reforms, many end-user clients are searching for various approaches to deal with the progress. Normally, a few organisations are looking to just relocate their contractors to an umbrella company, how...
It doesn’t matter whether your company is small or big, you must know the harmful effects of hiring a MUC (mini umbrella company) and the frauds that accompany it. A MUC will give rise to a scam by paying less amount of National insurance, tax and ...
In the budget announced by Chancellor Rishi Sunak, the tax rates and government support scheme have been mostly the focus. Contractors were hoping that the government would postpone the implementation of the new IR35 reforms, but it didn’t happen. ...
Agencies that source appropriate candidates for businesses all over the UK are known as Recruitment Agencies. They play an imperative role in lessening the stress of other firms by recruiting. Candidates can either belong to the UK or can...
Last year, the UK government introduced off-payroll reforms in the private sector which they couldn’t implement because of the pandemic caused by the coronavirus. From 6 April 2021, the off-payroll reforms have been implemented in the private sect...
The UK Government because of the COVID-19 pandemic didn’t have other options but to postpone the changes to IR35 reforms in the private sector from April 2020 to April 2021. As an update, the IR35 reforms ("off-payroll working principles") are expe...
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.