HMRC Signals Move Towards Joint and Several Liability
For years, the temporary labour market has operated on a relatively straightforward formula: clients need talent, agencies source it, and umbrella companies handle the payroll. But as the contingent workforce has scaled, so has His Majesty’s Revenue and Customs’ (HMRC) determination to close the UK’s stubborn tax gap. In a decisive move to flush out […]
FCSA renewed membership for 2025
It’s hard to believe we are already in February. We hope the new year has started positively for you! This update covers our service levels, our recent successful review by the FCSA, the new CIS rate from April 2025. Service Remains a Priority We understand more than ever the importance of delivering world-class service to […]
Autumn Budget 2024
On Thursday 31st the UK Chancellor Rachel Reeves MP delivered the Labour government’s Budget emphasising measures to address financial deficits, drive growth and increase funding for public services. She confirmed that this Budget represents a tax raise of £40 billion. At ADVANCE we always look ahead and although The Budget always delivers measures without the full detail, […]
Government Introduces Employment Rights Bill – What It Means for You
Last Thursday, 10th October 2024, the Government introduced the Employment Rights Bill. Please click here to access the full document, which includes 28 key policies. Below is a high-level summary of what we believe are the most relevant updates for the recruitment sector. Firstly, it is important to note that this Bill presents no threat to the umbrella […]
Looking Ahead: Autumn Budget Predictions
The new Labour government has indicated that the upcoming Budget will involve significant tax changes, although major tax rates will remain unchanged. Instead, numerous other measures are expected to address a £22bn deficit. If you would like to discuss these points in more detail, please do not hesitate to contact our team on 01244 564 […]
SafeRec: Introducing payslip audits
At ADVANCE, we are dedicated to ensuring that all our employees and subcontractors are paid accurately, compliantly, and in accordance with HMRC regulations. To provide our employees and subcontractors with additional peace of mind, we are pleased to announce that, since Friday 7th June 2024, all payslips are audited by an independent third-party auditor, SafeRec. Through […]
Tax Day Update & Our Commitment to Service
Tax Day Update As part of the Spring Budget 2024 the Government announced there would be a tax administration and maintenance day Thursday, 18th April 2024. We expected a response to the Consultation on Thursday that explored future regulation of the umbrella market. However, it fell short of the comprehensive proposals anticipated by the industry, […]
ADVANCE Umbrella Update February 2024
Monthly Newsletter: February 2024 Welcome to February’s edition of ADVANCE’s monthly newsletter, exclusively for employees! We look back at last month’s figures on the number of calls that we answered within 3 rings, answer a frequently asked question about Umbrella, and share with you some of our latest Trust Pilot reviews! Frequently Asked Question “Why are there two […]
Key Points Re: Autumn Budget, 22 November 2023
Yesterday’s Budget from the Chancellor revolved around making long-term decisions to promote growth, reduce debt, and support measures for the UK’s economic expansion. For a more detailed overview please click here for BDO’s analysis. There will also be an Autumn Finance Bill 2023, which will be released soon, to implement various announced measures. Economy & Growth Wages […]
Update on service & industry insights
This article provides you with an update on service, and some insights into what we are seeing in our sectors at the moment. Service continues to be our number one priority. Here’s a breakdown of some of the elements that make up ADVANCE’s approach to world class service Calls At ADVANCE, our commitment to providing exceptional service […]