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...]
An umbrella company giving value and satisfaction.
Who Are We?
Back in 2005, Howard Rissen, founder of Blue Intellect was concerned.
A specialist in the recruitment industry Howard was perturbed how his clients were treated: he found that they were given misleading advice about their earnings, their tax status and charged high fees.
Blue Intellect Services was set up to ensure that its contractor employees received the treatment they deserve and to remove uncertainty about the amount they get paid.
This coupled with excellent service has set an industry benchmark.
Although the choice of the creative recruitment industry, Blue Intellect provides services to agencies across the spectrum.
How It Works
Become a Blue Intellect employee by registering online on our secure website. The process is quick and easy. If you have all your details to hand we could approve you on the very same day.
As soon as you know where you are working, email us the details so we can confirm your contract and set up the placement on your account. We need to know the following:
Agency/Direct Client NameContact NameContact Telephone NumberContract Start DateRate of Pay
• Easily create a timesheet for your placement by logging into your account on myBlueIntellect . Enter your hours or days worked, then fax or email it back to the details on the timesheet unless you have been told otherwise by us.
As soon as your timesheet is in the system we automatically turn it into an invoice which we send straight to your agency or direct client.
Unlike other agencies that process whatever they are given, each timesheet is electronically matched to ensure the data you have given us is correct. This ensures the invoice we send out is correct and your pay is not delayed in any way.
As soon as we receive funds from your agency or direct client, we will pay you. We cannot pay you until we have been paid! You can track your wages via myBlueIntellect. Our handy little pay tracker displays the status of each of your timesheets so you know exactly where they are in the payment process.
We run a weekly payroll. Your tax and NI is calculated whilst factoring any tax relief for allowable expenses. Payments to the HMRC are made on your behalf on a PAYE basis. You can rest assured that when you receive your wages you are completely legit, and fully HMRC compliant.
We'll email you a detailed payslip showing your final take home pay following statutory deductions and details of any additional payments and benefits such holiday and expenses claims. All your payslips can be viewed in myBlueIntellect.
Friendly and with a simple approach. You'll have your own account manager to answer any questions you may have. You have access to Childcare Vouchers and free online training with over 500 current courses.
Quote Umbrella Compare code EPOCS when contacting Blue Intellect.
Note: introductory offers and promotions run by Blue Intellect are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Blue Intellect. See our terms and conditions for more details.
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With 3 votes, Blue Intellect has an average review score of 3.
3 / 5.0 [3 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.