Are you a contractor? If you work for someone else, it is important to know whether you are working for that person in an employed capacity or in a self-employed capacity as an independent contractor.
Your employment status will determine the charge to tax on income from your employment or self-employment. It will also determine the class of NICs, which are to be paid.
Umbrella Companies employ you for tax purposes and complete central returns for all their contractors. It's less hassle and more flexible for you but take home pay is typically less than that the limited company option.
The best option for you depends on your plans, 'one off' contract or 'contractor for life'? [Read More...]
Online accountng calculators can often be confusing as you may not be sure whether you:
Umbrella Compare keep it simple. We won't ask you to fill out forms which you may be confused by. We won't force you into an umbrella or limited solution. We simply provide the right information and support so that you can decide whether to use the services of an umbrella company or a limited company.
What do you need to do? You can call 0203 137 9246 now or complete the form below and we will contact you at a convinient time for you.
Choosing an umbrella company shouldn't be difficult, there's plenty of competition so getting a good deal is easy, right?
Sadly not. There are still far too many rogue umbrella companies knocking around the market, that's where we come in. Umbrella Compare has a strict vetting procedure which covers accounting, background, insurance and compliance checks. View the UK's Top 10 Umbrella Companies
Agencies refer contractors to us because our vetting means their contractors are protected. Choose a complaint umbrella company like Go Umbrella, Contractors Umbrella Company or view our top 10 umbrella companies.