Freelancers can benefit from umbrella companies by ensuring IR35 compliance, simplifying payroll, and claiming expenses, ultimately maximizing financial outcomes while securing employment rights.

Understand the changes to the off-payroll working rules (IR35) if you are a client receiving services from a worker through their intermediary. On 6 April 2021, the laws governing off-payroll [...]

The IR35 tax is a complicated system that can lead to confusion for freelancers and agencies. It’s not a new concept but the rules have changed over the years. For instance, in a recent [...]

An umbrella company is a company that employs individuals for a set fee. Many of these companies have a wide range of jobs and do not pay income tax. As such, the UK Umbrella Company Act 2010 is [...]

Expenses are regular payments a business makes towards ongoing business operations. They directly affect a company’s profitability ratio, which measures whether revenues exceed expenses. [...]