We have created an information hub to support our Orange Genie Accountancy clients, our Umbrella Employees and agencies where the the Covid-19 rules and legislation are explained for recruiters, contractors and the self-employed. Click here to find out more>>

Orange Genie News

One of the many measures announced by the Government in response to the COVID-19 crisis was to delay IR35 reform in the private sector. The responsibility for determining your IR35 status was due to be transferred from you to your end client as of April 2020, but this has now been delayed until April 2021. Whilst initially welcomed, this delay presents numerous challenges for contractors and end clients alike.

Responding to the Covid-19 crisis, the Government introduced the Self-Employed Income Support Scheme (SEISS) to support the UK’s army of self-employed workers who have been unable to sustain their businesses during lockdown.


Despite the unusual world we find ourselves currently living in life goes on and that means it is time to start thinking about completing your Self-Assessment for 2019/20. Are you ready to file your tax return?

The Coronavirus Job Retention Scheme (CJRS) was quickly introduced by the Government to support all UK businesses through the Covid 19 crisis. Clearly designed for larger businesses, the guidance nevertheless confirmed that the scheme applied to single director/shareholder companies or PSC’s. Many contractors have taken advantage of the rules, since 1 March 2020 and have furloughed themselves, claiming up to 80% their salary cost from HMRC.

Sole Trader

As a sole trader, you will pay personal tax and National Insurance contributions (NICs) on your profit. This is the income received by your business, less allowable business expenses. It’s important to claim all your business expenses as this can have a significant effect on the amount of tax you pay, and therefore the amount of money you take home.