BBCNEWS Newscast January 28, 2022 21:51:00
If you are an umbrella company worker, because of a quirk in the tax laws and the way these arrangements are structured, you have to pay the employee's national insurance and the employer's national insurance out of your headline rate. so somebody on £50,000, if they're a normal worker, they will be facing a national insurance rise of about £500 from april per year. but for an umbrella company worker, it's going to be double that, more than £1,000. and these are insecure types of employment and these people have no idea that these huge rises are coming down the tracks. it's interesting. cle...