Umbrella Companies&nbsp;An Umbrella company is an employer; one that employs contractors, freelancers and supply workers. When you join, you become their employee. You are given and are protected by a permanent contract of employment which, unlike a contract directly with an agency, remains in place even when you're in between agency assignments.&nbsp;Contractor PAYE&nbsp;Most of us are familiar with standard Pay as You Earn (PAYE). If you pick this option, it means that your agency runs your payroll. If you go with an Umbrella, they'll run your payroll instead. But an Umbrella also offers you a number of additional benefits that are specially tailored for temporary workers.

Most of us are familiar with standard Pay as You Earn...

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Umbrella vs. PAYE

HMRC has released its latest Pension Scheme Newsletter, number 130 giving updates and advice on&nbsp;managing pension schemes. The latest newsletter includes the following subjects:<ul><li>Extension to some of the temporary changes to pension processes</li><li>Managing the Pension Schemes service</li><li>Signing into online services</li><li>Self-invested personal pensions (SIPP) and small self-administered scheme (SSAS) pensions –connected tenant</li></ul>The newsletter&nbsp;can be found: <a href="https://www.gov.uk/government/publications/pension-schemes-newsletter-130-june-2021/pension-schemes-newsletter-130-june-2021">https://www.gov.uk/government/publications/pension-schemes-newsletter-130-june-2021/pension-schemes-newsletter-130-june-2021</a>

HMRC has released its latest Pension Scheme Newsletter.

Latest Pension Scheme 

With the “reversion” of Right to Work Checks from the 1st&nbsp;of July, the Home Office has released new guidance to support organisations.This guidance advises an employer how to conduct a right to work check and sets out the specific actions that can be taken to prevent liability for a civil penalty. This is called ‘establishing a statutory excuse against liability for a penalty’. This guidance applies to right to work checks conducted on or after 17 December 2020 to establish or retain a statutory excuse from having to pay a civil penalty for employing a person who is not permitted to do the work in question.The new guidance can be found:&nbsp;<a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/999119/FINAL_Employers_Guide.pdf">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/999119/FINAL_Employers_Guide.pdf</a>

This guidance advises an employer how to conduct a right to work check and sets out the specific actions that can be taken to prevent liability for a civil penalty

Changes to Rights to Work Checks 

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At Chaps we offer a full range of services and products for all your financial requirements including PAYE, Umbrella, Invoice Finance/Factoring, Chartered Accountants, HR Support
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