Are Umbrella Companies Regulated?
If the reforms are implemented, public bodies and agencies would be responsible for deciding whether a contractor falls under the IR35 restrictions. The companies at the top of these comparative lists usually boast incredible salary figures and other benefits that are too good to be true. If you suspect that an umbrella company is acting illegally or unethically, you should report it. The Freelancer and Contractor Services Association (FCSA), which represents compliant umbrella companies, expressed disappointment at the government’s silence on an important issue to protect temporary workers.