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 price, great service and & benefits.
Pulse umbrella company is a fresh and exciting payment company for contract workers, offering the maximum take home pay possible whilst providing complete peace of mind regarding tax and compliance.
The pulse solution provides a full, no hassle professional employment service that delivers the best return on the market in a manner that is completely compliant with current tax legislation.
Pulse employees don't worry about a future knock on the door from the tax man. Instead they enjoy living life.
Some of the benefits you can expect to receive are:
As a contractor, you want to maximise the returns from your own hard work. As a pulse employee you will benefit from the terms of our overarching contract of employment, offering you the statutory protections of ‘employee’ status while retaining the flexibility that you enjoy as a contractor – sourcing and securing your work assignments.
You will also benefit from the ability to claim and obtain tax-relief on your legitimate business expenses – which will provide a better return when compared to going directly onto an Agency PAYE payroll.
Simply provide us details of your assignments, the time you have worked and the expenses you have incurred via our online portal.
Do everything else – sorting out the paperwork with the agencies, chasing outstanding invoices, running PAYE payroll and managing all tax and VAT matters with HMRC.
Pulse umbrella company is compliant with all UK laws and HMRC regulations and explain their services in clear simple terms.
The Pulse website is easy to navigate and comes with plenty of information for any contractor to understand the process involved in getting paid.
Quote Umbrella Compare code GXTDJ when contacting pulse.
Note: introductory offers and promotions run by pulse are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by pulse. See our terms and conditions for more details.
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With 15 votes, pulse has an average review score of 2.3.
2.3 / 5.0 [15 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.