Blogs

Off-payroll in the private sector: Lords Committee Report

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...


Completing P-87 form to claim tax relief on work-related expenses

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...


Expenses you can claim when working from home

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...


Difference between Agency PAYE and Umbrella

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...


Reliasys Employee Perks

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 ...


Interview Guide for Contractors

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 issues Spotlight 54 & Spotlight 55

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...


Pension Planning and What Umbrella can Contribute

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...


Job Retention Scheme- Everything you need to know

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...


Tax Rates and Thresholds for 2020-21

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...