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Considering Contracting or Freelance Contracting?

If you are contracting via an agency, there are really only two options to consider when undertaking contracting work as the majority of agencies will not allow you to contract with them as a sole trader. These are either setting up your own company or using an Umbrella company to operate the contract. We can provide advice and guidance on using your own company; however, if you have looked at the options and prefer to use an Umbrella company, then details of the providers offering these service

Real Time Information – major changes ahead for payroll

There are significant changes to the way payroll information will need to be submitted to HM Revenue and Customs (HMRC) planned.

The new system of Real Time Information (RTI) is mandatory for all employers and is to be implemented from April 2013.