Personal Service Companies – Umbrella Alternative?

With the announcement of the amendments to the Travel & Subsistence legislation with the introduction two new sections 339A and 688B into the Income Tax Earning & Pensions Act (ITEPA), the landscape for the Umbrella Companies as we know is set to change. With these amendments, from April 2016 most…

Future of Elective Deduction Model

Elective Deduction Model (EDM) aka Hybrid Model came into existence subsequent to the enforcement of false self-employment legislation in Apr 2014. The legislation requires every self-employed contractor caught under the definition of Supervision, Director or Control to pay full tax and national insurance as if they were employees. Elective Deduction…

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