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...]
efficient and fully compliant solution
MAC umbrella provides an efficient and fully compliant solution for contractors from all walks of life. We eliminate the administration, responsibilities and accountancy costs associated with running your own limited company.
Invoicing, Pay Processing (all taxes correctly calculated and paid to HMRC) and money transference are all part of our service. By joining MAC you are entitled to receive all Statutory Payment associated with full employment status. (ie SSP, SMP)
Our compliant expenses policy gives you the opportunity to significantly reduce your taxes at source. In other words you take home more of your hard earned cash!
MAC umbrella are very reassuring on the telephone and handled our mystery-shopper with good skill and understanding. The price falls within our 'acceptable' price bracket, and the insurance levels are enough for most contractors.
You will get a standard compliant PAYE umbrella company service, and there aren't any little niggles to bother you - they do the job they say they will.
Quote Umbrella Compare code WJGBM when contacting MAC umbrella.
Note: introductory offers and promotions run by MAC umbrella are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by MAC umbrella. See our terms and conditions for more details.
[4308 Page Views]
With 8 votes, MAC umbrella has an average review score of 2.7.
2.7 / 5.0 [8 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.