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Set up a Limited Company in these simple steps. So, you’re interested in setting up a limited company as a sole trader? Well, we’ve put together a simple guide with all the information you need to get started. By becoming a sole trader, you ru...
PAYE Vs Umbrella: everything you need to know. You’ve probably heard PAYE and Umbrella mentioned countless times, but what exactly do both entail? We here at Optimum Pay Group provide a brief rundown of the two services so you don’t have to g...
Benefits of using an Umbrella company. Umbrella companies have been at the forefront of business since the turn of the millennium, when IR35 went on the statute books and companies wanted to reduce the stresses of handling finances.
Limited company vs umbrella: what’s the difference? Understanding the differences between operating through your own limited company or being paid via umbrella is very important in your first steps towards contracting. We’ve broken each option down into a quick and easy guide to help you make an informed decision.
What is the construction industry scheme? If you work within the construction industry, it’s important to know about the Construction Industry Scheme (CIS).    What is CIS? Simply put, it’s a tax deduction scheme, which involves tax being deducted at source from payments relating to construction work, usually applied to contractors.
ir35: How it affects you and how we can help Coronavirus has shaken the economy and businesses are already beginning to feel the strain. In response to this, the government has decided to postpone the implementation of IR35 until April 2021...
What to do in the event of coronavirus With the coronavirus mentioned everywhere you turn, we understand it’s hard not to be concerned about your physical and financial well-being. So we’ve put together everything you need to know bel...
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