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...]
A fresh new Payroll & Benefits provider bringing new & innovative ideas
We are a new, fully compliant payroll services company. We specialise in Umbrella services to the recruitment sector.
We can also process standard PAYE, CIS, we can offer a consultancy service and have authority to process self-assessment returns. We have applied to HMRC for some additional items to be included on the dispensation.
Our main aim is to look after the temporary worker while trying to help the agency at the same time.
Cannons Payroll are a slick PAYE umbrella company that will effortlessly turn your timesheets into cash. The company is relatively new, but there's plenty of experience within the management team.
Well priced and with a strong customer service team underpinning the operation contractors should find working with Cannons Payroll straightforward and hassle free.
Quote Umbrella Compare code KNOED when contacting Cannons Payroll Services Limited.
Note: introductory offers and promotions run by Cannons Payroll Services Limited are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Cannons Payroll Services Limited. See our terms and conditions for more details.
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With 0 votes, Cannons Payroll Services Limited 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.