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...]
Simple straightforward solution at a very reasonable price.
Black Diamond Umbrella Ltd is an innovative Company designed specifically to provide Contract Personnel with a tax efficient employment solution. We have been established since 2002 and pride ourselves on compliance and customer service.
Our fees are low at just £13.50 per week and there are no additional charges for processing your expenses. Interested?? For more information and a no obligation quotation please call Black Diamond Umbrella on 01942 679997 or visit our webpage www.blackdiamondumbrella.co.uk
Black Diamond Umbrella company has a fresh new website which has all the information a contractor needs to know about joining their umbrella company.
Black Diamond Umbrella company has a friendly and knowledgeable team taking new contractor enquiries, who explain their procedures and background very clearly. If you're new to contracting you should find this both comforting and reassuring.
Their website is easy to follow and understand, and they've resisted the temptation to hide behind lots of glossy pictures. Instead, they explain their service in clear easy to understand plain English!
Quote Umbrella Compare code CFQSR when contacting Black Diamond Umbrella Ltd.
Note: introductory offers and promotions run by Black Diamond Umbrella Ltd are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Black Diamond Umbrella Ltd. See our terms and conditions for more details.
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With 14 votes, Black Diamond Umbrella Ltd has an average review score of 2.9.
2.9 / 5.0 [14 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.