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The umbrella company provides payroll services on behalf of the contractor and bills the agency (who in turn bills the client) for work completed by the contractor. The umbrella company provides all social contribution and tax payments (including "PAYE, Pay As You Earn" in certain jurisdictions) and equivalents and National Insurance returns on ...
The site has a forum, with over 2 million posts, to discuss matters related to contracting (including umbrella companies, recruitment agencies, contracts, tax etc.), as well as areas for general chat. Here contractors are able to receive unbiased advice from other contractors. The forum also includes an ineffective swear filter.
The Construction Products Association (CPA) is a UK construction industry trade association. It represents and champions manufacturers and suppliers of construction products. As well as representing some of the largest construction product manufacturers in the UK, the CPA also acts as the 'umbrella' trade organisation for dozens of sector and ...
The Building Engineering Services Association (BESA), until 2012 the Heating and Ventilating Contractors' Association, and from then until 2016, B&ES, is the main UK trade association for companies that design, install, commission and maintain heating, ventilation, air conditioning, refrigeration and related engineering projects.
Pell Frischmann employs over 1,000 staff worldwide with eight offices across the UK and international offices in India, the Middle East, Turkey and Romania. The original company was founded by Cecil Pell in the 1920s, who entered into partnership with Wilem Frischmann in the early 1970s forming Pell Frischmann and Partners.
The 2007 Budget legislated against Managed Service Companies (MSCs) by removing the associated tax advantages for contractors working through them. Prior to this government action, there were several types of MSCs. One of the most common forms was the composite company, where typically up to 20 contractors became non-director shareholders.
IR35 is the United Kingdom's anti-avoidance tax legislation, the intermediaries legislation contained in Chapter 8 of Income Tax (Earnings and Pensions) Act 2003.The legislation is designed to tax 'disguised' employment at a rate similar to employment.
This report, "Construction in the UK economy: The Benefits of Investment", was updated in May 2012, and showed that spending on construction significantly benefitted the UK economy. It also claimed that construction was the best sector to stimulate employment. UKCG published in 2011 further research showing the contribution construction was ...