WIRE OPENAn archive editionSEARCHARCHIVERSS
EST. 2000
UKTECH
THE IT-CONTRACTING & TAX RECORD
LATEST

Survey into working through umbrella companies

The Treasury is currently considering abolishing the travel allowances or changing the rules for contractors who operate through umbrella companies.

It has said: "Umbrella companies and some employment agencies make use of overarching employment contracts which enable some temporary workers to gain tax relief for travel expenses not available to others working in similar circumstances. There is also evidence of widespread abuse of the travel expenses rules by these structures. Non-compliance and the use of these structures to pay less income tax and national insurance contributions (NICs) lead to a loss to the Exchequer, as well as further problems."

UKTECH is conducting a short survey and would like to ask those contractors who operate in this manner to take a few minutes to participate in it.

Results will be published and will help to inform the ongoing debate about the Treasury's proposed changes.

Many thanks

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