June 7, 2023
The government has responded to the call for evidence on the umbrella company market, which closed in February 2022, and issued a new consultation: “Tackling non-compliance in the umbrella company […]
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May 19, 2023
The IR35 legislation is a tax rule that individuals operating via their own limited company, irrespective of industry, need to be aware of. IR35 determines whether or not freelancers and […]
March 15, 2023
Spring Budget 2023 As the UK continues to weather the ‘cost of living crisis’, the chancellor – Jeremy Hunt – set out the government’s plan to help grow the economy. […]
March 10, 2023
Many try working via an umbrella company as their first step in self-employment, as it offers the simplicity of employment combined with the flexibility of independent working. Of course, umbrella […]
February 23, 2023
Welcome to Referral Relay – our ultimate refer a friend programme. Are you an existing Parasol employee and know someone who could use our help? Our Referral Relay programme is […]
February 22, 2023
One of the biggest criticisms of the IR35 legislation is its complexity – put differently, how difficult it can prove to accurately determine if a contractor belongs inside or outside […]
January 30, 2023
Compliant umbrella companies provide a much-needed service, offering the freedom to work flexibly, knowing that their tax responsibilities are taken care of. However, the umbrella industry is unregulated, meaning it […]
January 27, 2023
The benefits of using an umbrella company are well-known. Work this way and you enjoy greater flexibility, increased earning potential and the freedom to choose projects that interest and challenge […]
October 5, 2022
As the newly appointed Chancellor stood up to make his mini-Budget statement on 23rd September, few would have predicted that he was about to announce that IR35 reform is to […]
August 17, 2022
IR35 reforms in the private sector are set to be rolled out from April 2020. We've discussed the main points which help to determine your IR35 status.
