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Umbrella Company

What is an Umbrella Company?

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:

  • Account Manager
  • Unlimited After Sales Care24/7
  • Online Account Access
  • Professional Indemnity Insurance (£2,000,000)
  • Public Liability Insurance (£5,000,000)
  • Employers Liability Insurance (£10,000,000)
  • Full Employment Rights
  • Professional Contracting Advice
  • Expenses Processing
  • Secure Document Management
  • Full Accounting Audit
  • Maternity Pay
  • Holiday Pay
  • Invoicing
  • Credit Control
  • Bookkeeping
  • Record Keeping
  • Tax & NI Calculations
  • HMRC Dealings
  • P60
  • Contract Issue Resolution
  • Slow Payment Resolution
  • Same Day 'Faster Payments'
  • Tax deductible Stakeholder Pension
  • HMRC Compliant Processing
  • No Work No Fee
  • Sick Pay
  • Friendly Professional Help
  • Right First Time Every Time
  • Complaints Procedure
  • Fully Trained Staff
  • No Hidden Fees
  • Support when you need it

You've Got Better Things To Do

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.

Cheaper than an Accountant

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!