There is an Elephant in the UK contracting room , Yes there is, As anonymous poet puts it,

There’s an elephant in the room.

It is large and squatting, so it is hard to get around it.

Yet we squeeze by with, “How are you?” and “I’m fine,” and a thousand other

forms of trivial chatter. We talk about the weather. We talk about work.

We talk about everything else, except the elephant in the room.

There’s an elephant in the room.

We all know it’s there. We are thinking about the elephant as we talk together.

It is constantly on our minds. For, you see, it is a very large elephant.

It has hurt us all.

But we don’t talk about the elephant.

This giant sleeping elephant is going to wakeup on 6th of April 2020 and contracting life is not going to stay the same anymore. You are right we are talking about IR35 off-payroll working regulations for private sector. It’s the biggest reform to private sector contracting that HMRC is introducing since the introduction of IR35 itself, yet there not much clarity. HMRC has completed its initial consultation barely two months ago on 29th May 2019. HMRCs The official response to this consultation was published on 11th July 2019. Here is the link to Official consultation response.

It does not mean that its arrival is a speculation but a clear certainty. HMRC has introduced off payroll working reform in Public sector in April 2017, this time round it’s a rollout to private sector. Going by what happened two years ago, it’s going to cause a major turmoil in contracting scenario. However there is a petition pending in front of UK parliament titled  “Repeal IR35 legislation in Public Sector and proposed Private Sector rollout.” This has got  24,000 signatures at the time of this article. If it crosses 100,000 signatories it will become eligible to be  debated in Parliament. If you wish to sign this petition you can do it here

Being one of the leading contracting paye umbrella solutions provider and experts in IR35 Ganumbra.com would like to you to keep updated on this topic. Over the coming months counting down to the introduction of IR35 Off payroll working regulations we will be publishing a series of Articles , Guides Tips and tricks on this topic.

We are also teaming up with Industry experts to formulate solutions that will help you navigate through these changes successfully. With minimum impact to your contracting career. More on this in coming articles.

We are focusing on micro articles that focus on a single topic at a time and are written in simple language. Following are some of the upcoming articles.

1. Simplistic guide to IR35.

2. IR35 and off-payroll working

3. Major sections in IR35 and how they evaluate

4. Tips and Tools to determine your status Under IR35

5. How HMRC CEST tool determines IR35 status ?

6. How to re-position your assignment from Inside IR35  (Contract for service) to out of IR35 (contract for services) with the client.

7. Solutions that help legally class out of IR35 before April 2020 ?

8. Personalized IR35 management tools

Top 5 PAYE umbrella companies compared

As you were asking yourself which are the Best umbrella company for public sector contractors you came to the right place at the right time. In this post you will be able to find out every pros on the top umbrella companies. For starters what is umbrella company? An umbrella company is a company that plays a role like an employer to agency contractors which work under a fixed term assignment. Let’s start with taking look at some of the top umbrella companies in United Kingdom.

Top 1 Umbrella Company:-

We are going to start with Top 1 and currently the best Umbrella Company for public sector contracting is Ganumbra. By joining you get your first year completely free of admin charges. This is the only one company that offers all of the benefits from the top 4 companies in one place.  Plus you get some unique benefits. Here is a quick list of what you get. Continue reading “What’s the best umbrella company for public sector contractors ?”