The UK government is all set to roll out the changes to off-payroll working rules (also known as ‘IR35’) in April 2021. And contractors working through their own limited company (or Personal Service Company) will be the most affected since they w...
We all eventually die but no one knows for sure when they will die. But ignoring the reality that anything might happen to an individual which can result in his/her sudden demise can cost a family everything, especially when the demised member is the...
IR35 is the UK Government's framework to tackle tax avoidance by those in 'disguised employment'. IR35 was to be extended to the private sector in April 2020. However, due to the ongoing COVID-19 pandemic, it has been deferred until April 2021. And d...
Employees in the UK can use the P87 form to claim tax relief for their work expenses like work uniform, business travel, professional fees, etc, that their employer doesn’t reimburse. Here in this article we will be discussing the P87 form and...
Work from home is the new black when talking about work culture. Technology has already been influencing how we work and the Corona outbreak served as a catalyst to trigger the growth of work from home culture. Work from home has saved businesses fro...
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...
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.