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...]
Great umbrella service for contractors
Contractor Umbrella Services
Our contractor umbrella company solution will enable you to enjoy the benefits of contracting without administrative hassle. We will maximise your net income, save you time and alleviate you of any IR35 concerns.
We offer market leading customer service and a deep understanding of contractors' needs combined with a cost effective and comprehensive service.
We could save you hundreds, possibly thousands of pounds each year. The overwhelming majority of our new contractors come from referrals and we are proud of continuing client satisfaction levels.
We will provide you with login details so that you can submit your timesheet and expense details online and you will also have access to all your historic information 24 hours a day. All submssions are processed same day
If you're concerned about IR35 and its demands; maybe you're moving into the contractor market for the first time and need the minimum amount of hassle or perhaps you're fed up with your current contractor umbrella company service - whatever your situation, we are sure we have a solution for you.
Friendly enough on the phone and they seem to know what they're talking about. Simple Umbrella Solutions are offering a standard PAYE umbrella company service and the inclusive insurances should be adequate for most contract positions.
Their website is easy enough to navigate through, and contains the information you need to know when first starting out as a contractor.
Quote Umbrella Compare code YHMSB when contacting Simple Umbrella Solution.
Note: introductory offers and promotions run by Simple Umbrella Solution are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Simple Umbrella Solution. See our terms and conditions for more details.
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With 0 votes, Simple Umbrella Solution has an average review score of 0.
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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.