This Content Was Last Updated on February 9, 2017 by Jessica Garbett
Interesting article that I came across on line from a professional contact, regarding the impact of new National Minimum Wage rules on Umbrella companies:
http://www.rossmartin.co.uk/employers/benefits-in-kind/547-minimum-wage-travel-schemes-changes
The moral is, when it comes to Umbrella and similar MSC arrangements, if it sounds to good to be true it probably is.
Likewise theres been a recent hardening of the Governments stance on use of EBTs and similar:
again, this falls under the if it sounds to good to be true it probably is category.
If you’re not sure what a Umbrella company or EBT is, don’t worry you probably don’t need to know! They mainly impact on our clients in the Personal Service Company / IR35 sector.