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...]
A simple and straightforward service by the contractor's favourite umbrella employer.
Award-winning giant strongbox is the umbrella employer of choice for temporary workers, freelancers and contractors. Independently voted Best Umbrella Company four times, giant strongbox brings you giant advantage, a generous world of employee rewards from discounts and deals, to pension plans and healthcare plans.
At giant our employees enjoy many benefits which include:
• all the benefits and protection you would expect as an employee• calculation and payment of statutory amounts (maternity, paternity and sickness) regardless of whether you have an assignment • same-day payment transfers• reimbursement of legitimate (approved) business expenses • exclusive access to giant advantage - our discount and reward scheme which includes reductions from more than 2,000 top brands, an optional healthcare plan and a Scottish Widows personal pension plan.
For more information visit www.giantgroup.com
Giant's website is readable though basic. The umbrella service on offer is priced quite high, and it's not obvious what you're paying a premium.
Quote Umbrella Compare code GGR when contacting giant strongbox.
Note: introductory offers and promotions run by giant strongbox are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by giant strongbox. See our terms and conditions for more details.
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With 57 votes, giant strongbox has an average review score of 2.8.
2.8 / 5.0 [57 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.