Umbrella Company Articles

Please find below some of the excellent reviews we have received from contractors working through our umbrella company, PayMatters. I would like to thank Peter and his team for their continued efforts to ensure that PayMatters provide a fast and efficient service. Their goal is to also ensure contractors get paid accurately, on time, everytime and that any query by email or telephone is actioned fast and professionally. Miles Grady BA Econ (Hons) ACA Director

PayMatters are delighted to join the Institute of Recruiters and add yet another string to our bow. We are already APSCo and Professional Passport approved and place great importance in our ethics, credibility and HMRC Compliance.

editor | 17 November 2012
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From our experience we have compiled some tips for umbrella company workers who are looking for a new contract.

PayMatters Umbrella Company have increased their Professional indemnity Insurance Cover (PII) from £2m to £5m

We are often asked which umbrella company will pay me the highest net pay (highest take home pay).

editor | 2 July 2013

If you own or manage a PAYE umbrella company, CIS payroll business or offer accountancy services to contractor limited companies and are looking to sell your business or book of clients then we would be delighted to hear from you.

The Chancellor in his Autumn Statement that was delivered yesterday proposed the following tax changes that will affect contractors working through an umbrella company.

editor | 17 November 2012
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From our experience we have compiled some tips for umbrella company workers who are looking for a new contract.

For very large employers and the employees working through them the first stage date for auto enrollment occurred on 1st October 2012.

The reason most contractors are recommended to join an umbrella company scheme is that current HMRC tax legislation dictates that contractors have to be paid with PAYE tax and National insurance contributions (NICs) deducted i.e. it is not possible to be paid cash in hand and account for your own tax.

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