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News, insights and advice for contractors

Stay tuned to the NWM blog for our latest company news, in-depth industry commentary and insights as well as useful guides on finance and compliance for contractors.


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Fri 26th Nov 2021

ANNUAL LEAVE AND HOLIDAY PAY

In this article, we are reviewing the current legal framework for calculating holiday entitlement for agency workers, and considering the particular challenges which this presents to umbrella companies (as well as possible solutions). As well as this, we will consider ...
Mon 1st Nov 2021

WHAT IS A STATEMENT OF WORK?

A Statement of Work (SoW) is an agreement between two businesses that typically defines key deliverables to be achieved. This will then be used to make a project satisfactorily completed and then will result in payment. They do not replace ...
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