What Is National Insurance and How Does It Work in the UK?
20 May 2026
National Insurance is one of those taxes that most people pay automatically: it’s a tax on earnings to fund benefits and State Pension. Try our
National Insurance is one of those taxes that most people pay automatically: it’s a tax on earnings to fund benefits and State Pension. Try our
Outside IR35, a limited company typically puts extra money in your pocket each year; inside IR35, an umbrella company is usually the smarter, simpler choice.
An umbrella company is a UK PAYE employer that pays contractors and freelancers on temporary assignments, usually arranged through a recruitment agency. Key Takeaways 1.
If you’ve received an unexpected bill from HMRC, it almost always traces back to one of a handful of triggers: savings interest crossing your allowance,
Being a sole trader means you can start trading immediately, keep all your post-tax profits, and run your business with minimal admin: no Companies House
Theatre Tax Relief lets production companies claim 45% on touring and 40% on non-touring core expenditure, including a direct cash repayment from HMRC if the
