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...]
Good choice for access out of normal office hours
SmartWork® is the preferred contractor 'umbrella' company for flexible workers who seek an over-arching "umbrella" employer to care for them. This leaves them free to focus fully on providing their services without worrying about the administration.
Years of experience in the "umbrella" and contracting market means that we fully understand the needs of Agencies, End-Clients and Contractors, ensuring a seamless and efficient process whilst providing total protection from MSC and IR35 legislation.
We work hard to maximise SmartWork employee earnings and we process tax-reducing expenses using our fully compliant expense policy, always in line with HMRC guidelines.
SmartWork employs its flexible employees on a genuine permanent employment contract.
We deduct full PAYE, tax and National Insurance contributions and sit entirely outside the MSC legislation and any connected liabilities or debt transfer provision. Our workers are not affected by the IR35 legislation, so bringing full peace of mind to Agencies and End-Clients.
SmartWork provides its flexible employees with a comprehensive, 7 days a week, 8am-8pm support service. We take new enquiries from Agencies and Clients, conclude contracts, receive timesheets, process all invoices and expenses, and provide all other aspects of our service guaranteed under the unique SmartWork SLA.
Today's flexible workers, and both the Agency and End-Client, can totally rely on SmartWork to provide market-leading services in an efficient, risk-free and SLA-guaranteed manner.
SmartWork is the preferred contractor umbrella company for flexible workers who seek an over-arching employer to care for them. Our umbrella scheme leaves you free to focus fully on providing your respective services without worrying about the administration.
Years of experience in the contracting market means that we fully understand the needs of Agencies, End-Clients and Contractors, ensuring a seamless and efficient process whilst also providing total protection from MSC and IR35 legislation.
We work hard to maximise your earnings and we process tax-reducing expenses using our fully compliant expense policy, always in line with HMRC guidelines.
SmartWork will keep you on the straight and narrow with their easy to use service. They allow you to claim all the usual business expenses and have systems to ensure you are kept within all the latest laws. They are in the mid price range and are open 7 days a week (12 hours a day) to make life easier for you. You will get a variety of extras thrown in which include discounts on gym membership, Childcare Vouchers and a wide range of financial benefits. Very good levels of insurances also come as part of the package They explain their services in clear simple terms and have a good grasp of current complex legislation that affects you as a contractor. Their website is readable and makes sense to a newcomer. It's been designed for a complete novice to find their way around and is easy to follow. As a customer, you can access your personal records from their web-portal, at your convenience, as well as using it to submit your time-sheet details each month.
Quote Umbrella Compare code FSDJM when contacting SmartWork Umbrella.
Note: introductory offers and promotions run by SmartWork Umbrella are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by SmartWork Umbrella. See our terms and conditions for more details.
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With 33 votes, SmartWork Umbrella has an average review score of 2.5.
2.5 / 5.0 [33 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.