Financing & Using Umbrella Services

Financing & Using Umbrella Services.

by Howard Greenwood, 19th May 2021

Financing and using umbrella services to support contingent 

Running Temps and Contractors is never easy, what with IR35, AWR and compliance becoming real challenges, creating real headaches.

This week we will be looking at how to Finance your Temp and Contract workers. How umbrella companies are evolving following the changes in the IR35 law. Should you run your own PAYE temps and contractors, and what are the pros and cons? Are umbrella companies truly compliant with the HMRC PAYE laws, and do you know what to look for?

We will be asking questions like:

How does funding work?
The difference between pay and bill funding?
Factoring and cid and who uses what and why and when?
What should we look for from an Umbrella?
How do know the Umbrella is compliant with the UK Tax Laws?
The difference between PAYE and Limited Company contracting via an Umbrella

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