The rise of contracting roles continues to reshape the UK job market, offering businesses and professionals alike a way to navigate the challenges of fluctuating demand and changing workforce needs. The 2024 Budget has added further impetus to this trend, with changes to employer National...
In the Autumn Budget of 2024, Chancellor Rachel Reeves announced significant changes to Employer National Insurance Contributions (NICs), which will take effect in April 2025. Among these adjustments is an increase in the NIC rate and a reduction in the secondary threshold. What Is Changing and...
When contractors work with umbrella companies, compliance isn’t just a buzzword - it’s a crucial part of protecting income, legal rights, and professional reputation. Umbrella companies manage important aspects of contracting, from taxes to National Insurance, but not all of them follow regulations strictly. Picking...
In today's complex and ever-changing contracting environment, payroll schemes can often seem like a convenient way to manage income and tax responsibilities. However, in this article we discuss why contractors must remain vigilant, particularly when joining payroll providers that may have been blacklisted by HMRC. While...
The recruitment industry is on the brink of major changes with the Labour Party's proposed employment and labour policies. As outlined in the recent King's Speech 2024, Labour’s agenda, includes ambitious plans like implementing a higher living wage, increasing flexibility in working practices, and a...
At i4, we understand how there's a common misunderstanding that rate structures are the only factor that matters when choosing an umbrella company. However, we firmly believe that rate transparency is just as important, if not more so. Why? It's not just about the number;...
With the UK gearing up for its next general election on 4th July, attention is turning towards the potential impact on umbrella company regulations. As a pivotal sector for contractors, freelancers, and temporary workers, the umbrella industry facilitates flexible employment arrangements. Current challenges and the need...
In today's uncertain economic landscape, resilience has become crucial for contractors facing volatile market conditions. Adapting and thriving despite economic challenges is essential for long-term success and stability in contracting. Understanding economic uncertainty Economic uncertainty can stem from various factors, including market volatility, political instability, or global...
Contract work is becoming increasingly popular because of its flexibility and autonomy. However, navigating the complexities of contractor rights and entitlements can be daunting. This blog aims to demystify these aspects and empower contractors with the knowledge they need to make informed career decisions. Understanding contractor...
The self-employment journey can be both exhilarating and daunting for contractors considering the switch to sole trader status. As a payroll company specialising in providing services for contractors, freelancers, and agency workers, we understand the unique challenges and opportunities that come with this transition. In...
