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...]
you can register free with us today
What Elsiat Payroll Limited does for you!
By registering with Elsiat Payroll you can be Confident that all your timesheets, invoicing and tax will be Compliantly taken care of and that our service will save you time, money and labour; allowing you to focus on your Needs, whilst making sure you get paid on time!
In addition to these:
An ever growing number of temporary workers/contractors are choosing to work through Elsiat Payroll to increase their net income and obtain greater control of their financial affairs.
But don't just take our word for it, register today, and immediately see the significant difference for yourself. Even if you have not already started your contract you can register free with us today.
Elsiat Payroll are providing their customers with a standard compliant PAYE umbrella company service. They are on the pricey side, but still represent value for money.
Elsiat Payroll's inclusive insurances are a little on the low side, so make sure you check these levels are adequate for your particular contract assignment.
Quite a new company on the umbrella scene, though with enough about them to hold their own amongst the other players.
Quote Umbrella Compare code JGCQD when contacting Elsiat Payroll.
Note: introductory offers and promotions run by Elsiat Payroll are subject to change without prior notice. Umbrella Compare is not responsible for offers current, planned or discontinued by Elsiat Payroll. See our terms and conditions for more details.
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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.