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...]
Looking for an umbrella company? You have come to the right place. The Umbrella Company Chart provides a league table for the UK's best umbrella companies. The league is based on Votes and Scoring by UK contractors and recruitment agencies
Do you use an umbrella company? Rate the top vetted umbrella companies or select any umbrella company to see further information and leave a detailed review.
|Rank||Umbrella Company||Snapshot||Score||View Details|
Online portal CHAPS payment Advances
|2.5 / 5.0 |
|Payerise Umbrella Company Profile|
We concentrate on our job so you can concentrate on yours
|2.8 / 5.0 |
|Smart Pay Umbrella Company Profile|
|3||ePayMe||Agency Specific and Contractor Focused, we've got you covered.||3.6 / 5.0 |
|ePayMe Umbrella Company Profile|
Pricey but effective
|3.1 / 5.0 |
|MaxiPay Umbrella Company Profile|
|5||Liquid Friday||A range of compliant payroll services to suit your circumstances.||2.7 / 5.0 |
|Liquid Friday Umbrella Company Profile|
A dynamic company - safe and reliable.
|2.7 / 5.0 |
|RACS Group Umbrella Company Profile|
Compliant payment solutions for temporary workers
|2.8 / 5.0 |
|Clipper Contracting Umbrella Company Profile|
Professional & helpful
|2.9 / 5.0 |
|JSA Umbrella Company Profile|
|9||Lesters incorporating Sybersolve Solutions Limied|
Reasonably priced and a quick service
|4.2 / 5.0 |
|Lesters incorporating Sybersolve Solutions Limied Umbrella Company Profile|
|10||Shield Contract Services|
|2.2 / 5.0 |
|Shield Contract Services Umbrella Company Profile|
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.