3-point checklist to find the right Umbrella Company

15 August 2014

Choosing which Umbrella company to partner with is no different to purchasing a car. You go to a reputable dealer (Umbrella provider), you find the car (product) that meets your exact requirements, and you check the vehicle’s full service history (experience and proven track-record) before handing over your hard-earned cash. So why do so many recruiters continue to invest – as yes it is an investment – in Umbrella companies who would fail their own industry MOT?

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

OTS review employment and self-employment status

15 August 2014

The Office of Tax Simplification (OTS) recently announced plans to hold a series of meetings this autumn that will review the ‘boundary between employment and self-employment.’ But what are the possible implications of this review for recruiters, and what has prompted the review in the first place?

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

The benefits of the economic downturn

1 August 2014

The UK contractor market has been growing at such a pace that the number of contractors has increased by 550,000 since the recession and forecasts suggest that by 2018, the number of contract workers and freelancers will surpass the number of people employed in the public sector.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Surge in Demand for Interim Managers

4 July 2014

The continued drive for corporate growth in the UK’s recovering economy has seen demand for interim managers grow three-fold increase over the last 12 months; 70% of those work within the private sector. Companies are now focusing on growth and are looking to Umbrella companies to contract experienced interim managers to manage that process and related change management.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

The HMRC Tax-dodge Clampdown

4 July 2014

During 2013/14 the HMRC clampdown on tax dodging marked a new high hitting an unparalleled £23.9bn in additional tax revenue – up £3.2bn year on year. This was a result of increased activity to make sure organisations, contractors and individuals pay the taxes they owe. HMRC collected more than £8 billion from large business, over £1billion from criminals and £2.7billion from tackling avoidance schemes in the courts.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Treasury Tax Changes – Just Say No!

4 July 2014

During his Budget announcement in March, the Chancellor released the Treasury’s plans to allow HMRC to debit cash from taxpayers’ bank accounts in the name of curbing tax avoidance; however what implications do these plans have for contractors?

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Number of home workers hits new high

5 June 2014

The Office for National Statistics has revealed that out of a workforce of 30 million, more than 4 million employees in the UK work primarily from home – a high percentage of whom being contractors. This is an increase of over 62,000 since this time last year and a 10% increase since 2007.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Employment Intermediaries Legislation Explained

14 March 2014

At the end of 2013, Chancellor George Osborneannounced plans to pursue tax avoidance through so-called ‘disguised’ or ‘false’ employment. But whilst some months have passed since these changes were first communicated, much confusion remains as to what ’employment intermediaries legislation’ means to recruiters and the implications of this – and other legislation – which comes into force as early as April this year.

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

A Clear Guide to Staying on the Right Side of the Law

11 March 2014

There is an Umbrella model which claims to help employees make ‘savings’ yet still honour their National Insurance Contributions (NIC) and income tax obligations. Known as the ‘Pay Day Relief Model‘, the scheme has been singled out by HM Revenue & Customs (HMRC) as being non-compliant with UK tax and Social Security legislation, but what exactly is it and what are the implications for recruiters?

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.

Non-Compliant Umbrella Companies Are Risking Your Reputation

10 February 2014

Warren Buffet famously said, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” In an industry continually under the spotlight, protecting your company’s image and reputation and ensuring you are sending out the right messages are critical success factors. But in testing times and unpredictable conditions, is your Umbrella effective enough to protect you, or is their ‘non-compliance’ a threat to the reputation of your recruitment business?

Mike Keeling

Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.