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...]
Dedicated to providing excellent customer service.
Why choose FPS Group?
FPS Group is DEDICATED to providing excellent customer service and is proud of our 99.6% customer satisfaction rating. We have been making contractors more money and saving them time for almost 20 years, which is why we are the UK staffing industry's most-trusted umbrella company provider.
In addition, we are the only UK umbrella administrator who is REGULATED by a Government body, giving contractors and agencies peace of mind.
Contractor benefits: - Potential to earn more than on an agency's own PAYE payroll- Fast sign up and identification process- Receive cashback and discounts with over 3,000 great retailers - Personal relationship executive to look after you while you work with FPS Group - Online portal for all payroll admin needs - Same day payments available for quick access to money - Protection from other contractors AWR claims- Comprehensive business insurances free of charge
Call today on 0800 634 4848 or email firstname.lastname@example.org
FPS have a dispensation which works well for you, but as the sales agent says "Keep your receipts". This is good sensible advice. Benefit from extras like Childcare Vouchers and payment direct to a debit card.
You can access your records from their portal, as well as using it to submit your time-sheet details.
Quote Umbrella Compare code FLRYW when contacting FPS Group.
Note: introductory offers and promotions run by FPS Group are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by FPS Group. See our terms and conditions for more details.
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With 49 votes, FPS Group has an average review score of 2.6.
2.6 / 5.0 [49 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.