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...]
More than an umbrella company
Originem is part of the Jungle Media group, starting out as My-Umbrella.
With the onset of AWR at the back end of 2011, the company rebranded to reflect a new services, new legislation compliance and improved HR services to businesses to enable them to save money and grow.
Pricing is at the high end of mid-range but you do get a complete all-in service with adequate benefits.
The insurance levels are more than adequate for most - except no Professional Indemnity, possible extra charge.
You have the use of an online portal to submit your timesheets.
The website is clear and easy to navigate around.
Quote Umbrella Compare code BUXEC when contacting Originem.
Note: introductory offers and promotions run by Originem are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Originem. See our terms and conditions for more details.
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With 18 votes, Originem has an average review score of 2.4.
2.4 / 5.0 [18 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.