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What is an Umbrella Company? If you’re a contractor in the UK, it’s likely that you may be employed through an umbrella company. An umbrella company acts as an intermediary between contractors and clients. They manage your payroll, tax deductions, and National Insurance contributions. This arrangement simplifies administrative tasks, allowing contractors to focus on their … Read more
Here’s a recap of the top things you need to know from today’s Spring Budget. Click the link below to read more https://www.gov.uk/government/publications/spring-budget-2023/spring-budget-2023-html
Did you know? Self Assessment customers can set up a Budget Payment Plan. This means you can make regular monthly or weekly payments towards your next tax bill so you’ll have less to pay at the next deadline. Find out more https://www.gov.uk/pay-self-assessment…/pay-weekly-monthly
Know someone new to Xero? Share these five essential setup tasks to help them get set up for success from day one. Check out the full guide in Xero Central: http://bit.ly/40ORgjW
If you’re a contractor, you might be employed through an ‘umbrella company’. Some umbrella companies try to break tax rules, so you could be at risk.