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...]
Making contracting simple
Here at Simplify we aim to be different!
Our approach is to provide an easy to use, compliant PAYE Umbrella solution with a straight-forward weekly or monthly charge, but most importantly to provide a service that is simple to use, with a team that are nice to do business with.
Great company which has a lot of enthusiasm.
When you speak to them their sense of eagerness and wanting to serve you as best they can comes across clear and strong.
Very competitively priced and good value.
Quote Umbrella Compare code SIM when contacting Simplify.
Note: introductory offers and promotions run by Simplify are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Simplify. See our terms and conditions for more details.
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With 10 votes, Simplify has an average review score of 2.6.
2.6 / 5.0 [10 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.