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...]
Specialist payroll company for all contractors
Sprite specialise in Umbrella Payroll and the processing of payments to self employed workers in the construction sector.
Through our partner network we can offer an accounting service to those who prefer to conduct their business through their own limited company.
We don't have a mission statement as such, however, our aims are simple - to be
Sprite deliver all of these through excellent customer service. We pride ourselves on being a leader in our field and aim to offer a consistent and trouble free service to contractors and agencies alike.
Sprite can handle all types of contractors, including CIS. They are competitively priced and have a website portal to handle timesheet paperwork.
If you want to join Sprite, this can be done either on the phone or online. If you do want to call them, you'll speak to a friendly person that can explain how their service works - without using industry jargon.
Sprite is knowledgeable about all the latest legislation and employment laws that could affect a contractor. Sprite will also talk in terms you can understand.
Quote Umbrella Compare code LDKQC when contacting Sprite Umbrella.
Note: introductory offers and promotions run by Sprite Umbrella are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Sprite Umbrella. See our terms and conditions for more details.
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With 69 votes, Sprite Umbrella has an average review score of 2.9.
2.9 / 5.0 [69 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.