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Lynne Gowers
19th April, 2017

Understanding your Tax Code 2017-18

If you are a Liquid Friday umbrella employee, we use your tax code to work out how much tax to deduct from the payments we make to you. Your tax code determines how much you can earn in a financial year (April - March) before you have to start paying income tax. This is known as your personal allowance. This changes every year and is set by the Chancellor in the budget....

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Lynne Gowers
12th April, 2017

Meet the Team - Michael Burton, Payroll Manager

As our very own Prince of Payroll, Michael is at the helm of the Liquid Friday payroll team, who manage the whole Liquid Friday payroll process from receiving hours and time sheets through to raising invoices and processing payments and deductions. We managed to take 5 with Mike to chat about his role and Liquid life....

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Lynne Gowers
6th April, 2017

IR35 reforms are here: FCSA urges agencies and umbrellas to work together

Despite little coverage in the mainstream press, the changes to public sector IR35 rules apply from today. The changes undoubtedly will see an increase in umbrella contracting, as agencies and public sector bodies attempt to head off the responsibilities of assessing IR35 status and calculating and operating deemed payments....

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Lynne Gowers
31st March, 2017

Contractor Loan Schemes rear their ugly heads

Despite extensive warnings from HMRC and the legitimate umbrella industry, contractor loan schemes are once again being heavily touted. Beware! Promoters of such schemes clearly see contractors as a soft target. ...

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Lynne Gowers
23rd March, 2017

Fears for construction industry as PM gets ready to fire the Brexit starting pistol

With the Prime Minister primed to invoke Article 50, triggering the official start of the process to divorce the UK from the EU, a leading chartered body has warned that Britain could lose 8% of its construction workers in the wake of Brexit....

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Lynne Gowers
15th March, 2017

Construction Industry Scheme (CIS) - best practice tips for subcontractors

If you are self-employed in the UK construction industry and are working for a contractor, you must register for the Construction Industry Scheme (CIS). The scheme covers practically all aspects of construction works, from site preparation and repairs through to decoration and demolition....

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Lynne Gowers
10th March, 2017

Spring Budget 2017 at a glance

Chancellor Philip Hammond (aka “Spreadsheet Phil”) has delivered his first Budget, which was also the last to be held during Spring as it will now move to Autumn. It means that this year there will be a second Budget to accommodate the timetable switch....

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Lynne Gowers
6th March, 2017

Short term assignments for long term contracting success

Working as a contractor, assignments come in all shapes and sizes; it’s the variety and flexibility that appeals to so many. While it might take some time for the right assignment to come along, accepting short term work gives you the opportunity to broaden your experience and skills. ...

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Lynne Gowers
13th February, 2017

We're proud to be named a Solent 250 company for 2017

The Business Magazine has published this year’s Solent 250 - a directory of the top private unquoted companies by turnover across the Solent and South Coast, and we are delighted to have made the list....

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Joe Taffurelli
10th February, 2017

IR35 - Important Update from Liquid Friday

IR35 is a term that is being bandied around quite a lot at the moment in contractor circles. That is because of changes to the rules for off-payroll workers in the public sector from April. The good news? If you are an Umbrella company worker, you don’t have to worry about it....

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