Employment Status

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...]

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ICS: Contractor Accountancy and Payroll

Long established and look after you well

ICS: Contractor Accountancy and Payroll, Independent Contractor Services Ltd<br /> 2 Mannin Way<br /> Lancaster Business Park<br /> Caton Road<br /> Lancaster<br /> LA1 3SU WWW: http://www.icsuk.com MAIL: info@ics.me.uk CALL: 0800 195 3750 - Quote Ref: LBYQI HOURS: Mon to Fri 8:45am - 5pm SCORE: 2.5 / 5.0 [50 Votes] FIND: Independent Contractor Services Ltd
2 Mannin Way
Lancaster Business Park
Caton Road
Lancaster
LA1 3SU

ICS: Contractor Accountancy and Payroll, Vetted and Approved

ICS: Contractor Accountancy and Payroll has been vetted and approved by Umbrella Compare. This means that ICS: Contractor Accountancy and Payroll has completed our comprehensive vetting procedure and is a good, reliable, compliant umbrella company. When you choose ICS: Contractor Accountancy and Payroll you choose a compliant umbrella company.

Introducing ICS: Contractor Accountancy and Payroll

Independent Contractor Services (ICS) was established in 2002 to provide accountancy and tax services to contractors in the UK. Our popular Umbrella Service was introduced to meet the needs of people that want to enjoy the freedom and financial benefits of working as a contractor without the burden of dealing with endless paperwork.

We are now one of the leading accounting and administration consultancies and have helped many hundreds of contractors working across dozens of industry sectors throughout the country.

If you choose our Umbrella Service you will become an employee of ICS Umbrella Ltd and we will look after every aspect of your contracting affairs.

Our dedicated team of experts will

  • process your timesheets and expenses
  • invoice your client or agency
  • chase late payments
  • take care of your PAYE and National Insurance obligations
  • transfer payments to your personal bank account on the same day we receive them.

We offer a personal service, and your Account Manager will be available if you need help or advice. We also offer comprehensive Professional Indemnity, Public and Employers Liability Insurance for complete peace of mind.

Key benefits of choosing our Umbrella Service

  • IR35 and MSC compliant
  • Same day payments into your bank account when we receive payment from your client or agency
  • Dedicated account manager available between 8am and 6pm every working day
  • Same day processing for all timesheets received before midday
  • All your contract administration and invoicing undertaken by our highly experienced team
  • Competitive margin at just £27 per week or £80 per month all inclusive
  • Fixed fee structure with no extra charges, set up fees or exit penalties
  • Freephone number and freepost address
  • Comprehensive Professional Indemnity, Public and Employers Liability Insurance
  • Mortgages, life assurance and income protection designed specifically for contractors

Our commitment to you

ICS is led by two guiding principles: care and compliance. We make sure we get the basics right - from ensuring you are paid the correct amount at the right time, to being available when you need any advice.

Our team of experts in employment and tax law includes a leading London QC and one of the 'Big Four' accountancy firms to ensure full compliance with all current legislation and regulations, including IR35.

We help you to enjoy all the benefits of working as a contractor, without the paperwork and organisational headaches.

This means you can get on with your job without distraction.

Umbrella Compare Review of ICS: Contractor Accountancy and Payroll

Independent Contractor Services (ICS) are offering a conventional PAYE umbrella company service to contractors.

You will benefit from clear and jargon free advice, with a straightforward set up process. Each client has their own dedicated Account Manager who's there to help you with any queries or questions.

Umbrella Compare Promotional Code for ICS: Contractor Accountancy and Payroll

Quote Umbrella Compare code LBYQI when contacting ICS: Contractor Accountancy and Payroll.

Note: introductory offers and promotions run by ICS: Contractor Accountancy and Payroll are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by ICS: Contractor Accountancy and Payroll. See our terms and conditions for more details.

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Rating and Reviews of ICS: Contractor Accountancy and Payroll

With 50 votes, ICS: Contractor Accountancy and Payroll has an average review score of 2.5.

2.5 / 5.0 [50 Votes]

HMRC Compliance

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.