With so many different umbrella companies out there, how do you know which one to trust? Which ones are operating in the most compliant way? This is where FCSA accreditation emerges as a great benchmark to help inform your decision.
Compliance: staying on the right side
Continuous changes to employment and tax legislation highlight the importance of partnering with a compliant umbrella company. FCSA accreditation signifies a provider that adheres to the highest standards of compliance, ensuring you operate within the legal framework. This translates to minimised tax risks and a streamlined workflow, allowing you to focus on your core competencies.
Introducing FCSA: the champions of compliance
The FCSA is one of the UK’s leading membership bodies, setting the gold standard for best practices within the temporary labour market. Choosing an FCSA-accredited umbrella company signifies a partnership with a provider that undergoes rigorous annual audits. These audits guarantee adherence to codes developed in collaboration with industry expert. Additionally, independent assessments conducted by top-tier accountants and solicitors provide a further layer of trust and transparency.
The benefits of FCSA accreditation
- Minimised risk: FCSA accreditation mitigates compliance risks associated with IR35 and other regulations.
- Streamlined processes: accredited umbrella companies ensure efficient and compliant payroll processing.
- Enhanced credibility: FCSA accreditation demonstrates a commitment to best practices, potentially increasing your attractiveness to recruiters and clients.
- Future-proofed approach: the FCSA’s evolving codes ensure you remain adaptable to changing regulations.
Selecting an FCSA-accredited umbrella company goes beyond mere compliance. It signifies a strategic investment in a trusted partnership that empowers you to focus on your core skills. FCSA accreditation is a recognised benchmark within the recruitment industry, potentially opening doors to a wider range of opportunities.
Why Focused is the right fit for you?
- FCSA accredited: We are focused on compliance.
- Reliable: we promise to pay the right amount on the right day at the right time. And because we always keep you fully informed, you’ll never have to chase us.
- Caring: we value personal relationships. It’s why we always respond to emails within the hour and limit call-wait times to less than one minute.
- Straightforward: onboarding with us takes less than ten minutes. And with a welcome call, portal access and itemised payslips, things stay simple, too.
Contact us on 0161 923 0210 or email enquiries@focusedgroup.co.uk to get started!
Related article: What green and red flags should agencies watch out for when choosing an umbrella company?
In this article we highlight some of the ways agencies may want to mitigate the risk of working with non-compliant umbrella companies.