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...]
Rely on Nova Contracting
Nova Contracting - What do we do?
Nova Contracting provides a service which enables you to claim allowable business expenses whilst you work on temporary assignments. You may already have heard of "Umbrella Companies", well that´s what we are.
By becoming an employee of Nova Contracting, as long as it is your intention to work on a series of assignments whilst using our service, you are entitled to claim for expenses incurred wholly and exclusively in the performance of your job.
What can you claim for?There are numerous things that you can claim for including such things as mileage to and from your place of work, meal allowances and accommodation when working away from home.
Still deciding? If you have any questions at all or want us to send you some information in the post, give us a call or request a call back when convenient for you.
Nova Contracting has an informative website which is easy to navigate around.
They explain their services in clear simple terms and have a good grasp of current complex legislation that affects you as a contractor. Confident, friendly and honest.
Their website is readable and makes sense to a newcomer. As a customer, you can access your personal records from their web-portal, at your convenience, as well as using it to submit your time-sheet details each month.
Quote Umbrella Compare code QCNHV when contacting Nova Contracting.
Note: introductory offers and promotions run by Nova Contracting are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Nova Contracting. See our terms and conditions for more details.
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With 49 votes, Nova Contracting has an average review score of 2.8.
2.8 / 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.