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...]
Est. 1997 - It's clear.... we take care of business!
Privately owned Paycheck Services Limited is one of the longest running PAYE & CIS registered contractor umbrella companies in the UK. We are an economic alternative to an accountant or book keeper only charging for the weeks you actually work with no hidden charges.
Established in 1997 by an engineering contractor for other contractors, foundations were laid on reputation and the company was built by recommendation which has been upheld by two generations. We are responsible for the payroll of freelancers from all fields of the contracting industry including Construction Workers (CIS), IT Contractors, Medical Personnel, Freelance Designers even Football Players! working anywhere in the United Kingdom.
What makes us one of the best UK contractor umbrella companies?
The experienced and friendly staff at Paycheck Services understand how important it is to all freelancers/contractors to keep finances in order. That is why we aim to provide the highest standard of Umbrella Services in the industry. Ensuring our freelancers and contractors have the peace of mind they are looking for regarding their Payroll is our utmost priority. You can rest assured in the knowledge that you are in safe hands with Paycheck Services, your search for a reliable umbrella company to take care of your finances ends here!
At Paycheck Services we maintain a fully compliant contractor umbrella service which puts us outside the scope of the MSC Legislation.
We pride ourselves on being one of the best Contractor Umbrella Companies in the United Kingdom, providing reliable and efficient services to UK Contractors/Freelancers. On joining, you will be provided with a dedicated consultant from our team of highly trained professionals. Your consultant's aim is to ensure that you get the most out of using our services.
Paycheck are a conventional umbrella company, who give clear and accurate advice to new customers. A friendly and understanding team, who take their time with those new to the industry - so don't worry if you know nothing about the process!
Paycheck have very good levels of insurance thrown in which should cover most contracts.
Their website is readable and makes sense to a newcomer. It's been designed in an easy to read style and has the newcomer in mind.
Quote Umbrella Compare code UMBCO when contacting Paycheck Services.
Note: introductory offers and promotions run by Paycheck Services are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Paycheck Services. See our terms and conditions for more details.
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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.