Home Finance & Investments Bolton-based accounting firm launches umbrella payroll business

Bolton-based accounting firm launches umbrella payroll business

Company Expansion-Gorilla Accounting

Gorilla Accounting, specialist Contractor and Freelancer accountancy firm, launches new
umbrella company for flexible workers, following changes to the sector.

The Bolton-based, technology-driven, accountancy firm for Contractors and Freelancers rapidly faced
unprecedented growth since grounding their feet firmly into the competitive sector of
contractor accountancy in 2014.

Following their success, Gorilla Accounting have launched a new umbrella business which will offer an alternative operating solution for self-employed workers.

It is expected to attract more jobs to the Lostock-based firm, which currently employs a
growing number of over 25 members of staff.


Chancellor Philip Hammond announced in the Spring Budget that the IR35 status of public sector contractors (PSCs) will now be determined by the public-sector body, rather than the contractor.

IR35 legislation targets ‘disguised employment’, which is when a self-employed worker
carries out the same work as an employee, but avoids paying the full tax as an employee
would. If caught under IR35, off-payroll workers will be required to pay NIC and Income Tax.

Gorilla Payroll will manage Income Tax, NIC and provide employment rights which
contractors are not traditionally entitled to, making it a suitable platform for PSCs.
Daniel Fallows, Director of Gorilla Payroll, said, “The latest changes in the sector, as
announced in the Spring Budget, are massively affecting the way contractors operate,
especially those in the public sector.

“We are welcoming change and adapting our service offering to provide the best possible
solution to flexible workers across the country.”

Gorilla Payroll will allow contractors to run their contract through the payroll service. They
will essentially become an employee of the umbrella company, which will function as an
intermediary between the end-client and the contractor.

Gorilla Accounting have recently been shortlisted for two prestigious E3 Business Awards 17, under the category of ‘High Growth Business of the Year’ and ‘Professional Firm of the Year’.