by Dan Blake | Jan 10, 2024 | Contractors
As we usher in the month of January, Liquid Friday is thrilled to direct our focus towards an integral aspect of our lives—financial wellbeing. As it is National Financial Wellbeing Month, this period serves as an opportune time for our valued contractors to...
by Lynne Gowers | Dec 7, 2023 | Agencies, Contractors
As part of its package of measures announced in the Autumn Statement, the government has confirmed the revised National Living Wage (NLW) for 2024/25, as well as changes to the age threshold. It is estimated that about 2.7 million workers will benefit as a result. ...
by Lynne Gowers | Dec 4, 2023 | Agencies, Contractors
The Freelancer and Contractor Services Association (FCSA) has been working closely with the Umbrella Companies team at HMRC and has recently received a positive update from the tax authority that they have incorporated key FCSA suggestions into their latest umbrella...
by Lynne Gowers | Nov 28, 2023 | Agencies, General News, Contractors, IR35
Buried in the small print of last week’s Autumn Statement was a reference to the IR35 Offset Mechanism, and confirmation that it is to go ahead from 6th April 2024. This is positive news for the contracting sector as until now an implementation date for this hadn’t...
by Lynne Gowers | Nov 23, 2023 | Contractors, Agencies, General News
On Wednesday 22nd November, the political spotlight was on Chancellor Jeremy Hunt as he delivered his Autumn Statement to the House of Commons. While falling short of a full Budget, the annual Autumn Statement is a significant financial update outlining the...
by Lynne Gowers | Nov 17, 2023 | Contractors
As self assessment tax return season rolls around, one question that comes up is do umbrella company contractors need to complete a personal tax return. The short answer is maybe. It completely depends on your personal circumstances and whether you’ve had any income...
