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...]
Sterling keep you legal and look after you well
Our commitment to customer service and support for our employees and sub-contractors means that the number of contractors working through the Sterling Group is growing daily with the majority of our employees and sub-contractors joining us based on recommendations from other contractors.Make the most of your expenses.
Provided your expenses are "wholly, exclusively and necessarily in the performance of your duties" and you submit legitimate VAT receipts, you could claim back the costs for; mileage, accommodation, subsistence, tools, protective and safety wear, professional fees and courses, mobile phone calls and other incidentals.
To claim back expenses, all you need to do is complete an expense form and send the form with original VAT receipts to us each week by post. We will also send you a new expense form with each payslip. For more information on expenses read our Guide to expenses
Get paid whilst on holidayAs an employee, you are entitled to 28 days paid holiday each year. Each time Sterling Solutions process a payment for you, we automatically put aside a small percentage of your pay to cover the 28 days you are allowed by law. So, even when you are on holiday you'll still get paid with what you have retained.
No administration, no stress.As a part of our service Sterling Solutions will complete paperwork for you. We will invoice the agency we are sub-contracting you to, ensure you are paid promptly and issue all statutory year end documentation. We will also complete any employment and mortgage references, government forms and any other related paperwork on your behalf.
Supported and protectedAs an employee of Sterling Solutions you have access to a whole range of expert advisors and insurance products. We have a dedicated Health and Safety team and in house HR team to help with any issues you may have.
Insurance to protect youWe provide Personal Accident, Employers Liability and Public Liability insurance as standard and you have the option to choose Professional Indemnity insurance should you require it. Also, if you are contracting abroad or offshore, additional insurance is available. The cover is worldwide with the exclusions of USA/Canada and War torn countries. Before taking an assignment outside of the UK, please contact our expert Compliance Team for advice and confirmation of insurance cover.
Health and SafetySterling Solutions are keen to promote a safe and healthy working environment for all our employees. Whilst on assignment we provide all employees with Health and Safety advice from our expert team and a useful Health and Safety handbook. Should you require any additional support or advice you can call our helpline on 0844 941 1166.
They run payroll every day and the level of insurance cover should be sufficient for any contractor. Sterling can also offer help to self-employed contractors working inside, or outside, of the construction industry.
Quote Umbrella Compare code ONALH when contacting Sterling Solutions.
Note: introductory offers and promotions run by Sterling Solutions are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Sterling Solutions. See our terms and conditions for more details.
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With 64 votes, Sterling Solutions has an average review score of 2.4.
2.4 / 5.0 [64 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.