Pre budget delivers a sensible result for umbrella contractors
Buried amongst the headlines of today’s Pre Budget Report (PBR) came the news that the Government had listened to contractors, compliant umbrella companies, agencies and trade bodies. Under the heading “Helping People Fairly” the Treasury has “…decided to leave the current rules (Tax relief for travel expenses; temporary workers and overarching employment contracts) unchanged.” This is great news for contractors who work for Parasol and means that the risks that contractors take in finding work, travelling and working hard have been recognised.