The Two Payment Method
Chris Bryce – Chief Executive, FCSA The Two Payment Method is a tax avoidance scheme some rogue umbrella companies use; it is a form of tax avoidance and is unlawful. Under this scheme, contractors receive payment twice for each payroll cycle: once at the National Minimum Wage (NMW), subject to PAYE tax and National Insurance,…
The FCSA, in reply to those who say we don’t wish to derail the umbrella company gravy train
Originally written by Chris Bryce for Contractor UK As most of the contractor industry is aware, a government consultation is underway on Tackling non-compliance in the umbrella company market. But I’m also aware that a few people are wondering if our organisation will contribute positively to the consultation — or merely take the stance that…
FCSA Membership Update
Amaze Umbrella Ltd is no longer FCSA Accredited
FCSA Forum 2023: Strength in Community and a brighter future
I recently had the pleasure of hosting the inaugural FCSA Forum, which took place on Tuesday the 11th of July in Manchester. It was a great day, with just shy of 200 attendees as well as our sponsors: My Digital, Brabners, JMW Solicitors, JA, FreeAgent, Credas, MitiGo, TrustID, Caunce O’Hara, Remus Rewards, Qdos and Marsh…
IAP’s Review following Orange Genie suspension
FCSA has received the final determination of the FCSA’s Independent Arbitration Panel (IAP), regarding the membership status of Orange Genie
Contractors’ Questions: Is Spring Budget 2023 moving to payroll benefits-in-kind helpful?
Originally for Contractor UK Contractor’s Question: An umbrella contact of mine told me that as part of Spring Budget 2023, the government is apparently going to use tech systems to let employers payroll benefits-in-kind. The thinking is this will reduce burdens on employers, but wouldn’t it really help employees too, as it should give a…
A Damp Squib: Why The 2023 Spring Budget Fell Short For The Self-Employed
My thoughts on the 2023 Spring Budget? The words ‘damp squib’ come to mind. It wasn’t of interest to the vast majority of temporary workers, and I was disappointed not to hear any mention of regulations that impact the freelancer and contractor industry. In this blog, I’ll detail the few things that do affect the…
Got a tip about a non-compliant umbrella company? Then give our hotline a ring
Originally written for Contractor UK Not so long ago, a former tax inspector who now works in the private sector said he could name a dozen non-compliant umbrella companies that were registered active; were operational, and were actively recruiting unsuspecting contractors. Not so long ago — just three weeks ago in fact, the FCSA switched…
Why The Government Should U-Turn On Its SEB Plan
The contractor and freelancer industry has been dealt a blow by the government, as it abandons plans to introduce the Single Enforcement Body (SEB) for employment rights – the aim of which was to regulate umbrella companies. I think this is a colossal mistake that will negatively affect overall employment regulation. In this blog,…
Anti-Slavery Day: The Importance Of Due Diligence In Your Supply Chain
It’s Anti-Slavery Day on 18th October, so I wanted to shine a light on the modern slavery that exists in the UK, which includes the freelancer and contractor industry. The UK has one of the highest numbers of known working slaves in Europe – the key word here being ‘known’; there will be more…