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The difference between an Assignment Rate and workers Gross Pay is one of the most common causes of confusion. Here we attempt to provide an explanation.
This leaflet has been produced by the Low Incomes Tax Reform Group (LITRG), part of an educational tax charity and PRISM, an umbrella company representative body. It provides clear and independent information to help you understand more about working through an umbrella company.
Financial Secretary to the Treasury, Jesse Norman, confirmed yesterday that the review was about easing implementation. The roll-out itself was not in question.