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...]
Not all Umbrellas are the same
Not all Umbrellas are the same, see how we are different
If you are looking for an Umbrella Service Provider that actually listens to its clients and what the contracting industry are telling us, then please read on.
i-Paye understands the uniqueness of each individual's circumstances and has tailored three services for individuals working in the United Kingdom, fees are charged based upon what you want not what can be cheaply added to the package.
We believe that the way i-Paye charges for its services will become the industry standard and as such quite revolutionary.
All Umbrella Companies should...
i-Paye does as standard.
Other Umbrella Companies...
i-Paye charges a fee based upon what you need from us.
Pure Express £10.00 per working weekPure Advance From £12.00 to £20.00 per working weekPure Gold £25.00 per working week
i-Paye has a fast growing reputation for excellent customer service. Our mystery-shopper was unable to find any weaknesses during our dummy registration call.
i-Paye had answers to all our questions and treated us with respect and professionalism throughout the call.
The insurance levels are not that high so some contractors may have to top-up the levels at additional cost. Processing systems are all automated and customers should not find any complaints.
Price is within an acceptable range of industry comparisons.
Quote Umbrella Compare code KRDOO when contacting ipaye.
Note: introductory offers and promotions run by ipaye are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by ipaye. See our terms and conditions for more details.
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With 54 votes, ipaye has an average review score of 2.8.
2.8 / 5.0 [54 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.