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...]
Leading CIS Specialist
ONTIME's Payroll Staff has over 15 years' experience in the payroll industry and are both conversant and currently work with companies under the Construction Industry Scheme.
Make sure you comply with the legal requirements and get in touch with us today for a quote.
Lots of enthusiasm when you speak to them on the phone - eager to help, which is good. Their message is clear and simple.
Their website is also clear, informative and easy to navigate around.
They're in the mid-range price bracket.
Quote Umbrella Compare code JSOSU when contacting Ontime CIS.
Note: introductory offers and promotions run by Ontime CIS are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Ontime CIS. See our terms and conditions for more details.
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With 5 votes, Ontime CIS has an average review score of 3.7.
3.7 / 5.0 [5 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.