WITH UMBRELLA.CO.UK YOU HAVE ALL THE RIGHTS OF BEING EMPLOYED, BUT ENJOY A HIGHER TAKE HOME PAY BY CLAIMING LEGITIMATELY INCURRED WORK RELATED EXPENSES.
Why an Umbrella Company?
Using an Umbrella Company removes all the stress and legal requirements of running and being a Director of your own limited company but with the benefits of limited liability status and professional insurance.
We ensure you are truly 100% Compliant while also ensuring your net earnings are maximised by processing valid business expenses to reduce your tax and NI liabilities. Tax saving are also available through our Group Pension and Child Care Voucher Scheme.
If you are a contractor, the law now makes it very difficult for you to be paid direct unless PAYE and National Insurance Contributions (NIC’s) are deducted in full.
Many agencies and clients require that they are invoiced for work done which in turn means you need your own Limited Company or to be part of an Umbrella Company, like Umbrella.
Being part of an umbrella company (rather than setting-up your own limited Company) ensures all your invoicing, tax, legal requirements and invoicing are taken care of on your behalf.
In return for a weekly or monthly deduction the umbrella company will take care of all the administration and paperwork.
An Umbrella Company is like having your own big back office at a fraction of the cost of setting one up yourself.
Has had a very good experience with umbrella, would of stayed if not been given a permanent role