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...]
Professional and easy to deal with.
"Carrington was set up in 1996 offering a specialist accountancy service to contractors and small businesses wishing to set up and run a limited company. Our aim is to put the client first and take away the hassle of managing and running your own limited company.
As well as offering advice to limited companies we also offer an umbrella company and managed services. We have built our reputation for providing a comprehensive and professional service, tailored to suit your needs."
Carrington Management Services (CMS) are part of a larger accounting business which should reassure those looking for reliability and stability.
The front line staff are well trained and are able to talk intelligently about your options.
They have a formal complaints procedure for all contractors which you probably won't ever need but it's comforting to know it's there. They come with PCG accreditation which is yet another positive factor in their favour. They'll also assist you in completing your yearly tax return, provide you with impartial and whole of market advice on medical insurance and personal pensions and keep you up to date with your payments with free SMS 'tracking' messages.
Quote Umbrella Compare code VHWPL when contacting Carrington Umbrella.
Note: introductory offers and promotions run by Carrington Umbrella are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Carrington Umbrella. See our terms and conditions for more details.
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With 0 votes, Carrington Umbrella 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.