March 27, 2024
Latest News
March 25, 2024
Exciting developments are underway for umbrella and agency workers, with recent changes heralding a significant shift in holiday pay practices. Effective April 1st, reforms to the Working Time Regulations promise […]
March 21, 2024
As the end of the 2023/24 tax year approaches, please be aware of the following key points before the new tax year begins. 1. Holiday year change effective 1st April 2024 […]
March 15, 2024
HMRC has released updated guidance tailored for businesses like yours that use umbrella companies to hire workers. It clarifies your legal responsibilities and safeguards your business against risks. Plus, it […]
March 7, 2024
As a contractor, it’s likely you’re already aware that being employed by an umbrella company comes with a number of advantages. While there’s a good chance you’re familiar with what […]
March 6, 2024
Earlier today in the House of Commons, Chancellor Jeremy Hunt delivered the 2024 Spring Budget. We at Parasol were glued to our screens, hoping to hear good news for the […]
January 5, 2024
With tax avoidance schemes on the rise, contractors must stay vigilant against deceptive practices like the “Two Payment Trick.” This scheme involves receiving two payments per pay run, with the […]
January 2, 2024
HMRC has provided updated guidance specifically for umbrella company workers, aiming to clarify their engagement terms, payment structure, and employment rights and tax responsibilities. This guidance also offers advice on […]
November 22, 2023
After scorching temperatures in early June, the wet weather in July and early August definitely made us realise that the umbrella is and always will remain an incredibly useful tool to protect ourselves against the wind and rain.
November 15, 2023
After scorching temperatures in early June, the wet weather in July and early August definitely made us realise that the umbrella is and always will remain an incredibly useful tool to protect ourselves against the wind and rain.