With the public sector’s off-payroll rules being extended to the private sector from April 2021, many PSC contractors will find themselves moving to an umbrella company - possibly for the first time in their contracting career.
So it’s high time to delve into Agency Preferred Supplier Lists, Approved Supplier Lists and the relationships - plus the financial arrangements - that can exist between umbrella and agency, writes Crawford Temple, CEO of the largest independent assessor of payment intermediary compliance Professional Passport.
