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...]
Long established and look after you well
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.
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
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
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.
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.
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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With 50 votes, ICS: Contractor Accountancy and Payroll has an average review score of 2.5.
2.5 / 5.0 [50 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.