At the time of writing, IR35 is a set of UK tax legislations that are designed to prevent individuals who are deemed as employees, from avoiding tax through their own private limited company. Why was IR35 introduced? IR35 was first enforced in 2000 by the HMRC (Her Majesty’s Revenue and Customs) previously known as Inland […]
An umbrella company is a business that is commonly used by recruitment agencies in the United Kingdom to pay temporary workers. They provide an employment platform for contractors and freelancers who work inside the IR35 regulations; an intermediary between a contractor, the recruitment agency and the end client (local authority or private limited company). Umbrella […]
Traditionally, employment has been categorised under two separate processes, either permanent or contract. But what is the difference? The most notable being permanent employment is an agreement between employer and employee to undertake certain work with a view of becoming an indefinite member of the workforce. In return, you are being offered the security […]