Understanding Salary Sacrifice Pensions for Umbrella Employees
As a PAYE umbrella employee, you are automatically enrolled into a workplace pension scheme, ensuring regular contributions towards your retirement savings. However, there is another option that contractors are increasingly utilising: salary sacrifice pensions. What Is Salary Sacrifice? Salary sacrifice is an arrangement where you agree to exchange a portion of your salary for non-cash…
FCSA Announces New Partnership with Jarvis
Freelancer and Contractor Services Association (FCSA) is pleased to announce a new partnership with Jarvis, a provider specialising in personalised workplace pensions. This collaboration aims to offer our members enhanced options for retirement planning, adding to the variety of solutions available to the flexible workforce. Jarvis, known for its innovative Lifetime Pension service, is designed…
Employer’s ‘Holiday Saving Scheme’ Inadvertently Breached National Minimum Wage Rules
Written by Brabners LLP Another employer has fallen foul of the complicated rules on National Minimum Wage (NMW). In July, in the case of Revenue and Customs Commissioners v Lees of Scotland Ltd, the Employment Appeal Tribunal (EAT) ruled in favour of HMRC over a notice of underpayment of NMW which HMRC had issued to…
What does the Labour Government’s ‘Plan to Make Work Pay’ mean for the umbrella and recruitment industry?
Following the Labour Party’s landslide win in the general election that took place on 4 July 2024, the new Government has proposed plans to reform employment law, and reform it significantly. The Labour Party has published a ‘Plan to Make Work Pay: Delivering A New Deal for Working People’. As part of the King’s Speech…
New Fire and Re-hire Code of Practice Released
The Government has released statutory guidance on dismissal and re-engagement (also known as fire and re-hire) through a Code of Practice on 18 July 2024. What is fire and re-hire? The practice of fire and re-hire is when an employer dismisses an employee and then re-engages them on reduced or less favourable terms and conditions….
FCSA Welcomes IMS Decimal as New Business Partner
Freelancer & Contractor Services Association (FCSA) is delighted to announce IMS Decimal as our latest business partner. With a reputation for delivering top-tier accounting and financial back-office services, IMS Decimal brings a wealth of expertise and innovative solutions to our network. Established in 2006 and part of the IMS Group, IMS Decimal has been a…
In-Sync joins the FCSA Membership
Freelancer & Contractor Services Association (FCSA) is delighted to announce that In- Sync Digital has successfully attained FCSA accreditation for their CIS services. This recognition underscores In-Sync Digital’s dedication to exemplary service and rigorous compliance in supporting the UK’s freelance and contractor community. FCSA accreditation is awarded to firms that undergo a thorough and independent…
Big Fish Group Limited Achieves Prestigious FCSA Accreditation
Freelancer and Contractor Services Association (FCSA) is delighted to announce the accreditation of Big Fish Group in the Umbrella and CIS categories as its newest member. This partnership underscores our commitment to upholding the highest standards of compliance and service excellence within the freelancer and contractor sector. Big Fish Group, a leading provider of umbrella…
Labour Government: What Freelancers and Contractors Need to Know
Yesterday’s general election brought the Labour Party into power in a “loveless landslide”, a significant shift after years of Conservative rule. With their comprehensive agenda to reshape economic and social policies, freelancers and contractors must understand how these changes could impact their work. This article breaks down the key elements of Labour’s proposed policies and…
Political Parties’ Proposed Changes to the Employment Sector
Both Labour and the Liberal Democrat Parties have proposed numerous significant changes to the employment sector that primarily aim to protect workers’ rights such as: The Labour Party Banning zero-hour contracts and therefore ending “one-sided flexibility” to enable workers to have the flexibility to move jobs; Ending fire and rehire practices; Day 1…