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12 Mar 2008
Tens of thousands of contractors could be hit for tax on travel expenses after the government announced it was looking at the relief available to workers operating in umbrella companies.
Many temporary workers moved into umbrella company structures after the government effectively killed off managed service companies due to concerns over tax avoidance.
Anne Redston, visiting professor at Kings College London, said the 'writing is on the wall' for umbrella companies as the government announced in its Budget notes that it was considering action against the structures.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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