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...]
"Freelance provides integrated, cost-effective business solutions to both the corporate and individual market sectors. All services are structured according to client requirements, using a unique, collaborative consultation and assessment process.
With over 13 years experience in the industry, Freelance is a market leader - moving across international boundaries to set up affiliate offices in the United Kingdom and Hong Kong."
The Freelance Global service pretty much matches most other umbrellas. They offer a standard umbrella facility which is suitable for the majority of contractors.
If you speak to them on the phone they are polite, friendly and professional and will answer all your questions in an easy to understand way. They are equally at home with brand new contractors as they are with long term veterans.
Quote Umbrella Compare code UYLHF when contacting Freelance Global.
Note: introductory offers and promotions run by Freelance Global are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Freelance Global. See our terms and conditions for more details.
[3162 Page Views]
With 0 votes, Freelance Global has an average review score of 0.
0 / 5.0 [0 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.