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...]
Been around for a while
We are the UK's leading umbrella company and supplier of accountancy solutions for contractors and provide a range of products specifically tailored to your individual requirements.
Established since 1995, we have a wealth of experience within our market, which puts us in the unique position to share our many years of experience with you, as you concentrate on what you do best, leaving your accountancy requirements safe in our hands.UK UmbrellaOur UK Umbrella Company Solution
Our UK Umbrella Company has helped thousands of contractors by providing them with a first class, hassle free, compliant service from day one. Our experienced team will ensure that all your contractor requirements are taken care of with maximum efficiency and professionalism.
How does it work?
If you have a contract that requires you to perform your services in the UK and bill via a limited company, our umbrella company is the perfect choice. We handle everything including registration with HM Revenue and Customs, contracts, invoicing, payment calculations and payment of Income Tax and National Insurance.
We know that not all contractors are the same, and that's why we're proud to be different. If you have a specific requirement, we'll always go the extra mile to deliver the first class service you deserve.
Liberty Bishop will give you a well rehearsed and delivered introduction to themselves and the industry. Compliant, and the frontline staff seem helpful enough. Maybe not a leading industry light, but certainly 'steady-as-she-goes', and if that's your preference then certainly worth a call. Their website is readable and makes sense, though not always the easiest to understand for the complete novice. Their insurance levels are quite modest so check out your contract requirements before you sign up with them.
Quote Umbrella Compare code MTLWD when contacting Liberty Bishop.
Note: introductory offers and promotions run by Liberty Bishop are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Liberty Bishop. See our terms and conditions for more details.
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With 34 votes, Liberty Bishop has an average review score of 2.5.
2.5 / 5.0 [34 Votes]
It's the basics... Compliance with Tax, VAT, PAYE and fiscal arrangements is mandatory for contractors regardless of whether you use an umbrella company or your own limited company.
Incredible then that there are still rogue umbrella companies and limited company accountants who expose their contractors to fraud. Umbrella Compare provides THE solution, we thoroughly vet all umbrella companies and limited company accountants that we list [Read more...].
Umbrella Compare provides a holistic overview of contracting with the aim of helping new and old contractors find the right payroll solutions. Contracting should be about focusing on the contract, not payroll, accounting, HMRC and bureaucracy.