An umbrella company is an accounting & administration service which allow contractors to work in contracts without the hassles of running a limited company.
Umbrella companies provide the insurances and limited company hierarchy, completing VAT returns, liaising with HMRC and completing payroll and accounting functions on behalf of the contractor. In return, the contractor can access limited company accounting features such as claiming expenses.
The umbrella company service evolved from the practice of having to do everything 'by hand'. Whilst some umbrella companies still operate archaic manual accounting systems, Contractors Umbrella Company has invested heavily in automated systems that speed up the accounting process (meaning you get paid faster), more importantly, our systems are designed to accounting standards and quality levels which exceed HMRC legislation. This ensures that you will always be compliant and should never receive nasty letters from the tax man! Contractors Umbrella Company leads the industry with proven online accounting systems that simplify/replace/reduce the paperwork that comes with contracting, things like:
It is of course possible for you to do this, but...do you really want to? Why spend hours each week wading through an assortment of forms when we can do it all for you? At Contractors Umbrella Company we understand that what you want to do is your job and you want to have the maximum take home pay possible within HMRC legislation. Let us remove the burden of PAYE and tax forms, giving you peace of mind and maximum pay.
If you accept the hassle of managing your own limited company, don't do it to save money! A limited company still needs to engage an accountant - and thatcould cost in excess of £2,000 each year.
Compare that with Contractors Umbrella Companys all inclusive service, charging less than £15 a week. If you work 48 weeks a year that's less than half the price!
PAYE Calculator updated for 2020, free salary illustration for Contractors Umbrella Company in comparison to traditional PAYE employee
Complete our simple registration form and we will contact you to ensure you have the information you need to make your contract successful
Comprehensive Payroll Portal for our Contractors using the umbrella company service. Everything you need for fast, secure easy payments.
When it comes to Tax and Payroll, we are the experts. Let us take the strain and keep you compliant and well paid while you focus on your contract
Ready for the next step? Our limited Company payroll and comprehensive tax returns solutions are second to none
New to Umbrella Companies? Read through our selection of questions that Contractors regulalrly ask us about how umbrella companies work and how you will be paid
With quality of service second to none, see why Contractors Umbrella Company is the right choice for you and your contractors
As professional payroll accountants we provide the right option to suit you. We provide advice and guidance on the right payroll solution for your contracting career