freelancer

The Umbrella Company Checklist For Contractors Inside IR35

The Umbrella Company Checklist For Contractors Inside IR35

If you take on an assignment inside IR35, you may decide that you’re better off using an umbrella company for your payroll. After all, if you’re a limited company contractor– you won’t be able to pay yourself with a combination of dividends and salary because the fee-payer will make deductions …

The Umbrella Company Checklist For Contractors Inside IR35 » Read the full story

Is It Easy To Switch Between A Limited Company And Umbrella Company?

Is it easy to switch between a limited company and umbrella company?

The answer to this question depends on quite a few circumstances, but in theory – yes. It should be easy for contractors to switch between a limited company and umbrella company. With off-payroll in the private sector (IR35) changes coming into effect from April 2021, we expect several limited company …

Is it easy to switch between a limited company and umbrella company? » Read the full story

What Are The Umbrella Company Alternatives?

What are the umbrella company alternatives?

Before you begin contracting, one of the first things you need to consider is which business structure you are better suited to. From what everybody ought to know about umbrella companies to the advantages and disadvantages of umbrella companies – we have it all on our website! But what about …

What are the umbrella company alternatives? » Read the full story

Umbrella Company v Agency PAYE: Which Should You Choose?

Umbrella Company v Agency PAYE: Which should you choose?

If your contracts are deemed inside IR35 and you work through a recruitment agency, you’ll probably be given two options for getting paid: umbrella company or agency PAYE. Both payment methods operate in a very similar way. Your payroll and administration will be taken care of – and your income …

Umbrella Company v Agency PAYE: Which should you choose? » Read the full story

Are You Familiar With Status Determination Statements (SDS)?

Are you familiar with Status Determination Statements (SDS)?

If you’re contracting with a personal service company (PSC) in the private sector, you should be familiar with Status Determination Statements (SDS). However, if you’re not, we’ll provide a quick snapshot for you. After all, we’re not just here to advise contractors looking at umbrella companies! We want to assist …

Are you familiar with Status Determination Statements (SDS)? » Read the full story

What to look for from an umbrella company in 2021

What to look for from an umbrella company in 2021

With upcoming changes to off-payroll legislation looming, more and more contractors and freelancers are likely to require an umbrella company’s services. However, with hundreds of providers in the UK, what should you look for from an umbrella company in 2021? Keep reading, and we’ll explain the most important factors to …

What to look for from an umbrella company in 2021 » Read the full story

The warning signs of a tax avoidance scheme

The warning signs of a tax avoidance scheme

Using an umbrella company is a simple, hassle-free way to get paid as a contractor, and the majority of umbrella companies operate in a compliant fashion. Unfortunately, there are a few unscrupulous tax avoidance schemes that disguise themselves as umbrella companies, and using one of these could land you in …

The warning signs of a tax avoidance scheme » Read the full story

Limited VS Umbrella Which Option Should You Choose FI

Limited vs umbrella: which option should you choose?

Contracting through a limited company has many benefits, with the most obvious being the tax advantages for those who are outside IR35. However, using an umbrella company has its advantages too! We’re going to investigate both options so that we can help you decide which one is best for your …

Limited vs umbrella: which option should you choose? » Read the full story

Getting the most out of an umbrella company calculator

Getting the most out of an umbrella company calculator

Whether you’re new to contracting or you’ve been doing it for donkey’s years, you’re probably keen to get an accurate indication of your take home pay before starting an assignment. And, as we’re dedicated to helping the UK’s temporary workforce understand all-things umbrella – we thought it’d be really useful …

Getting the most out of an umbrella company calculator » Read the full story

Umbrella Company Expenses

A Quick Guide to Umbrella Company Expenses

If you are a director of your own limited company, you will probably be used to claiming tax relief on a variety of business-related expenses. While this used to be the case for umbrella company employees, the rules have recently tightened around umbrella company expenses, and the tax relief you …

A Quick Guide to Umbrella Company Expenses » Read the full story

Conducting an umbrella company comparison

The right way to conduct an umbrella company comparison

Do you fancy yourself as a bit of a Sherlock Holmes when it comes to identifying a deal? We certainly don’t blame you if you do! When it comes to looking for an umbrella company, we suggest you make a real effort comparing the providers out there. We’ve put a …

The right way to conduct an umbrella company comparison » Read the full story

Understanding Umbrella Company Take Home Pay

Understanding umbrella company take home pay

One of the most frequently asked questions by contractors and freelancers before they register with an umbrella company is how much they will get paid? We thought we’d answer this question in a simple and straightforward way so you can easily understand the umbrella company take home pay. The margin …

Understanding umbrella company take home pay » Read the full story

Umbrella Company Benefits

Umbrella company benefits – 10 reasons why using a brolly is a good idea!

If you are new to the world of contracting, there are lots of different options to consider. Arguably the most critical decision is whether to set up your own limited company or work through an umbrella company. With the legislation changes to off-payroll working in the private sector just around …

Umbrella company benefits – 10 reasons why using a brolly is a good idea! » Read the full story

How to shop around for an umbrella company deal

How to properly shop around for an umbrella company deal

Everyone likes a bargain! As a result, you should absolutely look for an attractive deal from an umbrella company. After all – the umbrella market is pretty competitive due to the rising number of providers. And as a result, there are some super offers out there! Keep reading and we’ll …

How to properly shop around for an umbrella company deal » Read the full story

How do umbrella companies work?

How do umbrella companies work?

If you are new to contracting, have never used an umbrella company before, or are a director of a limited company, the workings of umbrella payroll may seem confusing. Working through an umbrella company is by far the easiest way to operate as a contractor. Unlike working through a limited …

How do umbrella companies work? » Read the full story

Umbrella companies are not the bad guys

Umbrella companies are not the bad guys!

In a world where more and more contractors are finding themselves inside IR35, umbrella companies have seen a rapid rise in popularity. Well, maybe popularity isn’t the right word to use. Why? Because we’ve seen so many negative comments and articles about umbrella companies over the recent months. As a …

Umbrella companies are not the bad guys! » Read the full story

Free Telephone Advice
Scroll to Top