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...]
Great contracting solutions
MMC Management is a commercial contractor offering employment and contracting to the temporary recruitment market - according to their website.
MMC Management go on to say they have been operating since 2008 and between our 6 staff have over 15 years experience in the employment and contracting market.
They also claim pride in offering unrivalled service and excellent value for money at all times.
Basic no-frills umbrella service. Contractors may be able to find the same service at a better price.
Quote Umbrella Compare code CEPNU when contacting MMC Management.
Note: introductory offers and promotions run by MMC Management are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by MMC Management. See our terms and conditions for more details.
[2348 Page Views]
With 1 votes, MMC Management has an average review score of 4.5.
4.5 / 5.0 [1 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.