Finance

08 Jul

As of July 6th 2022 the national insurance allowance has increased to £242 per week.  Meaning that both income tax and class 1 national insurance contributions now start being deducted at the same level. It is some good news for contractors who are no doubt battling...

12 May

There has been a lot of talk in recent weeks regarding how umbrella companies handle holiday pay, with several coming under the spotlight for misappropriating contractors holiday pay. Many contractors will be engaging with umbrella companies for the first time this tax year due to the...