{"id":8468,"date":"2022-11-07T16:25:51","date_gmt":"2022-11-07T16:25:51","guid":{"rendered":"https:\/\/coolcompany.com\/uk\/?post_type=blog&#038;p=8468"},"modified":"2022-12-19T09:48:59","modified_gmt":"2022-12-19T09:48:59","slug":"umbrella-company-registrations-continue-to-grow","status":"publish","type":"blog","link":"https:\/\/coolcompany.com\/uk\/blog\/umbrella-company-registrations-continue-to-grow\/","title":{"rendered":"Press release: Umbrella Company Registrations Continue to Grow"},"content":{"rendered":"\n<section class=\"wp-block-coolcompany-section is-style-default has-lighter-primary-background-color has-background has-lighter-primary-background-color has-background\">\n<div class=\"wp-block-columns is-style-columns2 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-style-larger-col is-layout-flow wp-block-column-is-layout-flow\"><div class=\"breadcrumbs align  wp-block-bcn-breadcrumb-trail has-text-color has-background\" vocab=\"https:\/\/schema.org\/\" typeof=\"BreadcrumbList\">\n\t<span><\/span>\n\t<\/div>\n\n\n\n<h1 class=\"wp-block-heading\" id=\"h-umbrella-company-registrations-continue-to-grow-despite-recent-off-payroll-legislation-repeal-confusion\">Umbrella Company Registrations Continue to Grow Despite Recent Off-Payroll Legislation Repeal Confusion<\/h1>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-style-smaller-col is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/coolcompany.com\/uk\/wp-content\/uploads\/sites\/3\/2021\/06\/contractor-talking-about-tax.png\" alt=\"\" class=\"wp-image-8162\" srcset=\"https:\/\/coolcompany.com\/uk\/wp-content\/uploads\/sites\/3\/2021\/06\/contractor-talking-about-tax.png 624w, https:\/\/coolcompany.com\/uk\/wp-content\/uploads\/sites\/3\/2021\/06\/contractor-talking-about-tax-300x282.png 300w, https:\/\/coolcompany.com\/uk\/wp-content\/uploads\/sites\/3\/2021\/06\/contractor-talking-about-tax-480x451.png 480w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<div class=\"wp-block-coolcompany-separator is-style-default has-lighter-primary-background-color has-background has-lighter-primary-background-color has-background\"><svg width=\"100%\" viewBox=\"0 0 1600 60\" fill=\"none\" xmlns=\"https:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\"><path d=\"M1600 0L1577.83 2.43243C1555.5 4.86486 1511.17 9.72971 1466.67 15.8919C1422.17 22.2162 1377.83 29.6757 1333.33 33.2432C1288.83 36.8108 1244.5 36.1622 1200 30C1155.5 23.8378 1111.17 11.8379 1066.67 6.00002C1022.17 1.97179e-05 977.833 0 933.333 0C888.833 0 844.5 0 800 3.24324C755.5 6.48649 711.167 12.973 666.667 15.7297C622.167 18.3243 577.833 17.3514 533.333 17.8378C488.833 18.3243 444.5 20.5946 400 22.3784C355.5 24.3243 311.167 25.946 266.667 27.8919C222.167 29.6757 177.833 31.9459 133.333 31.2973C88.8334 30.8108 44.5 27.5676 22.1666 25.9459L0 24.3243V60H22.1666C44.5 60 88.8334 60 133.333 60C177.833 60 222.167 60 266.667 60C311.167 60 355.5 60 400 60C444.5 60 488.833 60 533.333 60C577.833 60 622.167 60 666.667 60C711.167 60 755.5 60 800 60C844.5 60 888.833 60 933.333 60C977.833 60 1022.17 60 1066.67 60C1111.17 60 1155.5 60 1200 60C1244.5 60 1288.83 60 1333.33 60C1377.83 60 1422.17 60 1466.67 60C1511.17 60 1555.5 60 1577.83 60H1600V0Z\" fill=\"#ffffff\"><\/path><\/svg><\/div>\n\n\n\n<section class=\"wp-block-coolcompany-section\">\n<div class=\"wp-block-columns is-style-columns1 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-top is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><strong>&#8211; Cool Company has reported a 54% registration increase in the last 12 months<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&#8211; The increase has been seen across sectors<\/strong><\/h3>\n\n\n\n<p>It\u2019s been a confusing time for contractors and businesses that use their services. As a slew of chancellors have changed \u2013 and changed again \u2013 their intentions for the Off-Payroll regulations that dictate contractor\u2019s working practices. Uncertainty over legislation reform has left many contractors not knowing where they stand. Despite this uncertainty, registrations for the digital payroll solution for contractors, Cool Company, have continued to increase.<\/p>\n\n\n\n<p>In fact, year on year, Cool Company has seen a 54% increase in contractor registrations, as well as a 23% increase in the number of contractors using their services.<\/p>\n\n\n\n<p>And this growth has occurred across the board, with contractors coming from a wide range of sectors. Particularly strong results have been noted in four key industries:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Restaurant and event contractor registrations have increased by 212%<\/li>\n\n\n\n<li>In the construction industry, there has been a 159% uplift in registrations<\/li>\n\n\n\n<li>Cool Company has increased its IT sector registrations by 157%<\/li>\n\n\n\n<li>And there has been a 65% increase in the number of business\/administration registrations in the last 12 months.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-coolcompany-section\">\n<div class=\"wp-block-columns is-style-columns2 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-style-larger-col is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>Cool Company\u2019s Country Manager, UK Kris Simpson, comments: <\/strong><\/p>\n\n\n\n<p>\u2018The last 12 months have been difficult for all businesses, with the economic downturn and increased uncertainty in a number of areas. Contractors provide businesses with the ability to scale in line with business demands and economic constraints, without the burden of unnecessary red tape. But the conflicting messages surrounding the repeal of the Off-Payroll legislation has left many people confused. Including the contractors themselves.<\/p>\n\n\n\n<p>\u2018Contractors have needed support through this difficult economic period. And umbrella companies, like Cool Company, have provided a way for contractors to navigate IR35 and adhere to compliance standards while gaining access to a broader potential client base.<\/p>\n\n\n\n<p>\u2018The need for our services has been underscored by Cool Company\u2019s continued growth. We are delighted by our recent figures and look forward to an equally successful year ahead.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-style-smaller-col is-layout-flow wp-block-column-is-layout-flow\">\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/coolcompany.com\/uk\/wp-content\/uploads\/sites\/3\/2020\/04\/Kris.png\" alt=\"\" class=\"wp-image-5330\"\/><figcaption class=\"wp-element-caption\">Kris Simpson, Country Manager UK<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<div class=\"wp-block-coolcompany-separator is-style-has-shadow\"><svg width=\"100%\" viewBox=\"0 0 1600 60\" fill=\"none\" xmlns=\"https:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\"><path fill=\"#f8f6fe\" d=\"M0 0L29.6667 1.75612C59.5 3.36587 118.833 6.87807 178 12C237.167 17.122 296.167 23.8537 355.333 22.6829C414.5 21.5122 473.833 12.1464 533.333 9.07319C592.833 5.85368 652.167 8.78051 711.333 11.2683C770.5 13.6098 829.5 15.6585 888.667 18.7317C947.833 21.9512 1007.17 26.3415 1066.67 27.8049C1126.17 29.2683 1185.5 27.8049 1244.67 23.7073C1303.83 19.4634 1362.83 12.7317 1422 8.34148C1481.17 3.95124 1540.5 1.90246 1570.33 1.02441L1600 0V60H1570.33C1540.5 60 1481.17 60 1422 60C1362.83 60 1303.83 60 1244.67 60C1185.5 60 1126.17 60 1066.67 60C1007.17 60 947.833 60 888.667 60C829.5 60 770.5 60 711.333 60C652.167 60 592.833 60 533.333 60C473.833 60 414.5 60 355.333 60C296.167 60 237.167 60 178 60C118.833 60 59.5 60 29.6667 60H0V0Z\"><\/path><\/svg><\/div>\n\n\n\n<section class=\"wp-block-coolcompany-section is-style-no-space has-lighter-primary-background-color has-background has-lighter-primary-background-color has-background\">\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-contact-us-to-get-started\">Contact us to get started!<\/h2>\n\n\n\n<p class=\"has-text-align-center\">Do you have questions or are you ready to get started with Cool Company? Contact us!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-499968f5 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/coolcompany.com\/uk\/business\/contact-us\/\">Contact us<\/a><\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Cool Company reports a 54% registration increase in the last 12 months, and the increase has been seen across sectors.<\/p>\n","protected":false},"featured_media":8069,"template":"singular.php","categories":[6465,6761],"tags":[6753],"class_list":["post-8468","blog","type-blog","status-publish","has-post-thumbnail","hentry","category-cc-insights","category-press","tag-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Umbrella Company Registrations Continue to Grow - 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