FCSA COMMENT ON THE CHANCELLOR’S STATEMENT
Whilst recognising that financial stability and market reassurance are the prime goals of Jeremy Hunt’s statement earlier this morning, FCSA is disappointed that the proposed rollback of off-payroll working rules has been scrapped by the Chancellor. Chris Bryce, FCSA’s Chief Executive, said, “The scrapping of the rollback of the 2017 and 2021 IR35 rules…
FCSA’s view on the mini-budget
The Chancellor’s not-so-mini financial statement last Friday brought some welcome news to many but not all
Why Is FCSA Accreditation So Stringent?
FCSA accreditation takes almost a year to attain, which may seem like a while. Honestly, it’s a stringent process – but this is by no means a bad thing. When it comes to compliance in the freelancer and contractor industry, meticulousness is an absolute necessity.
Is 90% Take Home Pay Possible?
Is 90% take home pay possible? The short answer? No. The long answer? Also, no. So please, please don’t touch anyone offering these schemes with a bargepole. Unfortunately, there are non-compliant umbrella companies out there offering this, arguing that they’re 100% compliant. And even more unfortunately, many contractors and freelancers are still falling victim to…
Further update on recent Code changes
Following the various news items and social media posts about recent updates to the FCSA Codes, many of which mischaracterise events or draw incorrect conclusions, FCSA wish to set the record straight. Following standard practices, FCSA issued draft Codes for review by members. Many members commented on the proposed changes, amongst which was a strengthened…
Umbrella Code of Conduct, Section A10. Explained
There’s an old saying that no good deed goes unpunished, and when updating the FCSA Codes of Compliance, we’ve definitely found ourselves between a rock and a hard place over holiday pay. Given the recent controversy around workers not receiving holiday pay when they believed they were entitled to it, and umbrella companies allegedly…
Why Everyone In The Supply Chain Needs To Be Compliant
You’ll know as well as I do that compliance is crucial when it comes to hiring a contractor or freelancer. But understanding who needs to audit what can be a minefield, and the buck often gets passed around, triggering various issues. Ultimately, everyone in the supply chain needs to be compliant throughout their processes –…
HMRC names another tax-avoidance schemester
HMRC names Peak PAYE Ltd as a tax avoidance promoter and urges individuals to withdraw from using it. Another tax avoidance scheme has been exposed by HM Revenue and Customs (HMRC) today (8 June 2022), to help ensure customers do not end up with large tax bills. Individuals using a tax avoidance scheme provided by…
Due to the Catch 22 of umbrella contractor holiday pay, the law is an ass
Originally written for Contractor UK Quite understandably, there’s been a lot of heated discussion around the subject of umbrella company employees receiving holiday pay in lieu of not taking holidays, writes Chris Bryce, CEO of the Freelancer and Contractor Services Association (FCSA). A lot of that controversy has been focused on workers not receiving holiday…
FCSA disappointed by no Employment Bill in Queen’s speech
FCSA is disappointed to see that government has not included an Employment Bill within the Queen’s speech