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...]
Established, competitively priced.
"Eden Outsource was established by Chartered Accountants in 2002. After spending many years running a back office for a large Recruitment Company, the founders set up Eden Outsource to offer services dedicated to the recruitment industry.
Using our extensive experience in the recruitment industry, Eden has established an Umbrella Company which provides both a tax-efficient vehicle for Contractors and Temporary Workers and a very high level of personal service."
Eden Outsource offer an umbrella company service which is worth consideration. They are compliant with the latest legislation and will look after your interests as a contractor.
They keep their contractors compliant will all legislation and have a portal for your convenience. They will explain their services in clear simple terms and have a good grasp of current complex legislation that affects you as a contractor. You benefit from your own account manager and the customer service is friendly and fast. Their website is readable and makes sense to a newcomer. It's bright, cheerful and easy to follow. The inclusive insurances should be adequate for most contracts and you can get discounts on private healthcare as an extra benefit.
Quote Umbrella Compare code KUTNG when contacting Eden Outsource.
Note: introductory offers and promotions run by Eden Outsource are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Eden Outsource. See our terms and conditions for more details.
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With 25 votes, Eden Outsource has an average review score of 2.9.
2.9 / 5.0 [25 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.