If you’re considering getting into contracting it’s important to know your worth and to understand why a company may choose to engage you instead of taking on a permanent employee. There are a few distinct reasons that a business may choose contractors over “permies” – let’s use a very common industry in the contracting world …
Why do Companies Hire Contractors and Umbrella Employees? Read More »
We understand that being an umbrella employee contractor comes with a unique set of circumstances, meaning applying for a mortgage may come with some additional challenges. That’s why we’ve joined forces with one of the UK’s biggest names in the mortgage industry to support you with award-winning, expert services. CMME are a contractor mortgage specialist …
Contractor Mortgages: Greenwich Contracts & CMME Read More »
Top 10 tips for choosing an Umbrella Company IR35 reform took place on April 6th and since that date, there has been a marked increase in contractors looking for umbrella payroll services. To briefly recap a few educational articles we’ve released in the past – if your end client deems you to be inside IR35, …
What does it all mean? It can be confusing as a contractor starting out when you hear so many acronyms mentioned by both your agency and Umbrella Company. You may hear things such as IR35, WTR, AWR, and SDC along with terms such as ‘Opting Out’. You will also see it on documentation that you …
How do I request holidays as an Umbrella Employee? As an employee of Greenwich Contracts you are entitled to annual holidays just like any other employee in the UK. Taking holidays while contracting via an umbrella company is a relatively simple process, but if you’re new to this way of working sometimes it can be …
Being a contractor can mean many things; perhaps you’re working as a freelancer, operating through your own company, you’re self-employed or you’re working via an umbrella company. The way you operate may alter your rights in relation to Working Time Regulations, but we want to focus on our customer base within the following article. As …
Working Time Regulations – Your Rights Explained Read More »
You’ve been asked to use an umbrella company, but one aspect that can be confusing is how an umbrella company calculates the salary payment you get at the end of each week or month. When you’re an employee of a company, the employer offers you an annual or hourly rate and calculates and deducts your …
Contractor Know-How: My Umbrella Salary and Deductions Read More »
As IR35 approaches more contractors are seeking the services of umbrella companies throughout the UK. For the most part, umbrella companies are suggested to contractors from the recruitment agency associated with their relevant assignment. This is an attempt to help the contractor speed up the signup process reducing the need for due-diligence checks between the …
Can a Recruitment Agency Mandate the Use of Certain Umbrella Companies? Read More »
We’re often asked how holiday pay works when working via an umbrella company. Umbrella employees are as entitled to holiday pay as any other employee in the UK, it is their right to receive it – and the payment methodology should be clearly stated at the time of application. There are a couple of different …
The UK Government has announced that will waive penalties relating to incorrect IR35 determinations for 12 months from April 6th 2021. The move comes amid widespread confusion relating to the legislation from both fee-payers and affected contractors. The immediate prose of IR35 reform remains true; as of April 6th the government is mandating that it …
No fines for incorrect IR35 determinations for 12 months Read More »
*A £50 Amazon voucher is available to any contractor joining our PAYE Umbrella Payroll services 20/11/2020 – 30/6/2021. Your voucher will be released to the email address we have on file following one month (or 4 weeks for weekly processors) of successfully processed timesheets. For additional details or to enquire further please contact: [email protected]
