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Martin Whalley's journey from PSC to Umbrella

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Contractor Info

Expenses for limited company contractors

Working as a limited company contractor has a lot of advantages, but it does mean you're responsible for plenty of running costs. Fortunately, there are tax relief and allowances that can help you maximise your take home pay, as well as different expenses you can claim. But negotiating the HMRC labyrinth can be complicated, and it's easy to get confused over what you can and can’t claim. Here's our very brief guide to claiming expenses.

Wed 19th Feb, 2020 | Arif Patel

Contractor Info

Umbrella Company vs. Pay As You Earn (PAYE). What's the difference?

Umbrella Company vs. Pay As You Earn (PAYE). What's the difference?

Mon 17th Feb, 2020 | Kerry Hull

Contractor Info

Maggie Darling's first steps into Umbrella contracting

Deciding to become a contractor can be nerve-wracking. Find out how Maggie managed it, as well as how PayStream were able to help her start her journey.

Tue 11th Feb, 2020 | Steven Cheeseman

Contractor Info

Why Scott Foreman switched Umbrella providers

We recently sat down with one of our umbrella employees to find out what influenced his decision to switch over to PayStream’s My Max umbrella service over the other options that were available to him.

Mon 10th Feb, 2020 | Steven Cheeseman

Contractor Info

How to spot a dodgy umbrella company

As we move ever closer to 6 April and the implementation of off-payroll working in the private sector, a considerable number of contractors who currently choose to work through their limited company (PSC) may have that choice removed from them. Those likely to be affected have found themselves in unfamiliar territory in trying to choose an Umbrella Company

Fri 7th Feb, 2020 | David McManus

Contractor Info

Martin Whalley's journey from PSC to Umbrella

Martin Whalley - an IT professional with 30 years’ experience, had been working through his own limited company for the past six years. However the introduction of the off-payroll working legislation in the public sector in April 2017, meant that he had to make the move to an umbrella service as he found himself working inside IR35. We caught up with him to find out how this transition went

Fri 7th Feb, 2020 | Steven Cheeseman

Contractor Info

Why Tristan Pretty chose PayStream over a high street accountant

There are a lot of benefits for contractors choosing a specialist contractor accountant over a high street option. Tristan talked to us about why he chose to switch.

Thu 6th Feb, 2020 | Steven Cheeseman

PayStream News

Looking towards your retirement

One in four adults under 55 are said to be at risk of losing their share of £37 billion in unclaimed pension funds. Research published last month suggested 1.6 million pensions are currently missing, with each pot worth £23,000.

Tue 4th Feb, 2020 | David McManus

Personal Tax

Year End Tax Guide 2019/20

As the end of the tax year approaches there are various rules, rates and allowances in place which if used effectively can ensure you are working in the most tax efficient way. This is why we have created a Year End Tax Guide which covers the following topics from personal allowances and reliefs through to penalties and upcoming charges.

Mon 27th Jan, 2020 | Arif Patel

Contractor Info

A wolf in sheep's clothing - beware of HMRC scams

As the Self Assessment tax return deadline of 31st January draws closers, we thought it would be important to remind you of remaining vigilant to scammers who imitate HMRC in an attempt to steal the hard-earned money of our contractors. There are many inventive ways in which these scammers work, through multiple channels in an attempt to trick people into a false sense of security. Read on to learn more about what to watch out for.

Mon 20th Jan, 2020 | Tom Sweeney

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