Spring Budget Increases Costs for Clients Using Umbrella Companies
So what did the Spring budget deliver this year? As widely reported, the planned increase in National Insurance contributions will proceed from 6 April 2022 despite inflationary pressures. Employee’s National Insurance contributions will increase from 12% to 13.25% while employer’s National Insurance contributions will increase from 13.8% to 15.05% to help fund increased expenditure on […]
IR35 Tax Loss Insurance: Are Recruiters Holding a Ticking Time Bomb?
Recruiters or MSP’s seen to be promoting IR35 Tax loss insurance are leaving themselves vulnerable to the MSC legislation, giving rise to huge liabilities and even insolvency risk. A worrying trend In recent Client work, I’ve reviewed several Contracts from both Recruiters and MSP’s that have made the purchase of tax loss insurance a condition […]
