Umbrella company terminology
If you are new to umbrella working, you may be hearing lots of new words or phrases for the first time and not know what they mean. Here we break down 10 key phrases you need to understand.
If you are new to umbrella working, you may be hearing lots of new words or phrases for the first time and not know what they mean. Here we break down 10 key phrases you need to understand.
HM Revenue & Customs (HMRC) use one to many campaigns to send a standard message to many customers. The aim of their one to many approach is to influence behaviour, so that customers are more likely to comply with their tax obligations. Our guidance explains the different types of one to many ...
Transitional protection is designed to ease the transition for claimants moving from tax credits and other legacy benefits to universal credit under the formal managed migration exercise. A similar transitional protection is available for tax credit claimants moving to pension credit on receipt of ...
Foreign income and gains (FIG) which arise from 6 April 2025 may be eligible for relief from UK tax if you meet certain residence conditions.
If you’re employed through an umbrella company and want to understand if they are dealing with your pay and taxes correctly, you can request a free payslip audit. This audit will be carried out by special software developed by compliance and technology firm SafeRec, who have kindly ...
Under the OECD online platform reporting rules, you may receive a seller information statement in January. This provides a summary of the amount of income earned through the online platform in the preceding calendar year. Here we tell you what the statements mean and how they can help you ...