The Apprenticeship Levy One of the many changes that will come into effect in April 2017 is the Apprenticeship Levy, which has been somewhat overshadowed by the off-payroll reform in the public sector. This new levy will affect both the public and private sector with payments starting from May 2017. The government has pledged to…
Here at Cloud9 Umbrella, we understand that there is more to life than just contracting. That is why we are launching ‘Kingsley Hamilton Lifestyle’ – an exclusive rewards scheme for our clients. The rewards scheme is our way of adding value to the services we provide to you whilst also helping you to achieve a…
Last Friday (3 February), HMRC published further guidance regarding off-payroll working in the public sector from 6 April. The update provided clarification that the responsibility of determining the IR35 status of a Personal Service Company (PSC) worker would lie solely with the hiring Public Authority. If the Public Authority determines the PSC worker to be inside…
It’s one of the biggest topics of conversation within the industry, creating a massive stir for contractors and steadfast decisions from end clients. The off-payroll working in the public sector reform is about to cause more waves this year and we will look at the effect this will have on all those involved. We are…
HMRC’s IR35 reform is putting pressure on a multitude of public sector companies including Travel for London. TfL has been the first to react to the Public Sector reform by implementing a complete ban on contractors working through their own limited company. They decided to tackle the issue of non-compliancy by sending out a memo…
Thinking of changing jobs? Then you may be one of the 59% who are considering moving jobs in 2017, according to a report conducted by Investors in People. The report conveys one of the key reasons of moving jobs as pay, yet around a third of respondents stated they would prefer flexible working to a…
If you’re a contractor and a new role comes up through a recruitment agency you will probably want to use an umbrella company to manage your PAYE needs. You may have used an umbrella company previously or you might have just checked an income calculator to find an umbrella company with the best deal. Either…
A recent study published in the journal Work, Employment and Society, revealed that self-employed people are much happier and have more job satisfaction than employees. The research carried out by business experts from the Universities of Exeter and Sheffield showed that contractors are more engaged with their projects and find work to be more rewarding…
Data obtained by ContractorUK uncovered that HMRC has topped the leaderboard for IR35 blanket decision-making, since April 2017’s changes to the legislation. A blanket-decision is when contractors are assessed collectively rather than individually for their IR35 status. From the 38% of PSCs working at public bodies to have suffered a blanket decision, nearly 19% of these…
It has been a turbulent year for contractors, especially those who work within the public sector and have been hit by the introduction of the “off-payroll” reforms in April. Now a storm of risky umbrella firms are luring temporary workers with promises of higher take-home retentions in a bid to sidestep the tax crackdown that’s…
Have you heard a variety of claims about IR35 that seem to make sense but you’re just not sure if they’re true? We’ve rounded up a few common IR35 myths we’ve heard and want to debunk them for you. The legislation is complex as it is without these IR35 myths and assumptions being added to…
Since the public sector reform in April 2017, we are still asked frequently by public sector contractors if they should continue using their own limited company or switch to an umbrella. The answer very much depends on each individual’s circumstances thus we would strongly encourage contractors to speak to us for tailored advice. Nonetheless, we…