The likelihood is, you have either arranged your accountant to do your self-assessment tax return, or, you have decided to submit it yourself. If you have not completed your tax return yet, there is still time but we recommend getting a move on. If you have already completed it, sit back and enjoy some of…
The 2014/2015 self-assessment tax return deadline is fast approaching. Hopefully you are on top of your paperwork and it has already been submitted to HMRC. If you have not completed or are in the process of completing your self-assessment tax return, please get in contact with your accountant urgently. Missing the deadline on 31st January…
Last months Autumn statement and the recent draft Finance Bill revealed that contractors working through an intermediary, such as an umbrella, will not be able to claim Travel and Subsistence expenses for ordinary commuting. This is unless they can demonstrate and provide evidence on the lack of Supervision, Direction or Control. It means that most,…
Now that December has arrived, there is no hiding from the fact that Christmas is less than 4 weeks away. As the build-up intensifies, days seem to get shorter as schedules become packed with shopping trips, social gatherings and last minute jobs. As 2015 draws to a close, there are many treats to look forward…
Cloud9 Umbrella is excited to have been put forward for the ContractorUK Reader Awards 2015. Please vote for us in the category “Best Umbrella Company”. Winning such a prestigious award would be an excellent way to end a thoroughly enjoyable and successful 2015. Please note that voting has now closed. We will keep you informed…
Despite much speculation, there was little detail regarding the restriction on travel and subsistence expenses, and a revision of IR35 in Wednesday’s Autumn Statement – the government will release more information on 9 December. All we know, is that changes on 6 April 2016 will affect workers engaged through an umbrella company, and individuals working…
It’s been just over a year since the Criminal Finance Act (CFA) was introduced 30th September 2017, which saw companies become criminally liable for any facilitation of tax evasion and tax avoidance schemes by any persons representing the company, and a recent Tax Journal has proposed that HMRC is ‘chomping at the bit to investigate.’ After…
It is important to know the difference between pushing yourself to be the best you can be and pushing yourself to the point of a burnout. As a continuation of our contractor wellbeing series, this week we will talk about the importance of getting away and why travel is crucial for life as a contractor.…
The new tax year is fast approaching and we are noticing a trend in umbrella contractors who are incorporating their own personal service company (PSC) in order to minimise, or even mitigate the restriction on Travel and Subsistence expenses. While we cannot comment on any particular models offered by other accountancy and umbrella service providers,…
For recruitment agencies, the relationship between them and their contractors is built on trust. Candidates rely on consultants to provide the best possible advice in regards to their finances and salary. This is why it’s vital that agencies use a clear, concise and compliant umbrella company for support. We explore how agencies can benefit from…
Working five days a week holed up at home is a real productivity killer, so here’s our round-up of some of the best coworking spaces England has to offer. Whether you need a quick collaboration or a little human interaction, there’s something here for every creative. The Greenhouse N16 – Newington Green, London Start…
Staff placements and temp billings continue to rise in the job market as unemployment rates fall to 4.0%. Reported by the Office for National Statistics (ONS) the UK unemployment rate is now at it’s lowest since 1975. Naturally, the reduction in unemployment levels corresponds with strong hiring growth. Though the ongoing decline in candidate shortages…