Umbrella Companies
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Forum: Umbrella Companies

All about umbrella companies.

  1. Sticky Thread Sticky: READ ME before choosing your umbrella

    Read this first before picking up the phone. Guidance (on) Providers of Tax Avoidance Schemes (POTAS) And read this as well 10 things you need to know about tax avoidance Be aware that by using a legitimate umbrella that will pay the expected amount of tax and NI, you will receive...

    Started by cojak, 7th July 2017 08:57
    • Replies: 8
    • Views: 2,065
    10th October 2017 18:29 Go to last post
  2. Sticky Thread Sticky: Is there an umbrella company where you can choose your pension and other benefits?

    Public sector contract - considering a brolly but would like to choose what's included. Any suggestions?

    Started by GDL, 26th January 2017 12:00
    2 Pages
    1 2
    • Replies: 18
    • Views: 4,792
    29th September 2017 12:25 Go to last post
  3. Sticky Thread Sticky: Why am I paying Employers NI?

    OK so I get asked this question over and over and it appears that some companies still cease to explain things properly to contractors leaving them disgruntled when they see their first payslip, so let me explain the situation in simple terms for any newbies... So what you need to be aware of is...

    Started by lucycontractorumbrella, 9th August 2017 15:21
    • Replies: 7
    • Views: 1,243
    13th September 2017 15:33 Go to last post
  4. Sticky Thread Sticky: Should I trade as a Limited Company, umbrella or composite

    Hi everyone, Can't help but notice that there are many posts on here that ask the same question - should I use an umbrella or my own Ltd Company. Thought it might be useful to summarise once and for all the pros and cons of each method and how much you would be likely to take home. Might save...

    Started by simondolan, 10th May 2006 11:10
    18 Pages
    1 2 3 ... 18
    • Replies: 175
    • Views: 169,403
    5th May 2017 09:16 Go to last post
  5. Sticky Thread Sticky: Umbrella calculations and why they differ!

    In recent months we have seen more and more enquiries from contractors looking to work via an umbrella company, and querying why we cannot offer them a higher take home :tired – so I thought I would put this small guide together to help you understand what might be going on… So first of all...

    Started by lucycontractorumbrella, 31st January 2017 13:23
    2 Pages
    1 2
    • Replies: 11
    • Views: 10,833
    2nd February 2017 10:29 Go to last post
  6. Sticky Thread Sticky: Don't be fooled by imposter umbrella companies

    I've decided to repost this following a couple of sad posts regarding HMRC Enquiries on umbrellas that were not what they seemed. As the latest umbrella company (Compusource) hits the buffers with contractor's money, I thought I'd remind people what 'due diligence' is all about. It's all...

    Started by cojak, 12th April 2014 14:20
    • Replies: 2
    • Views: 3,791
    12th December 2016 20:51 Go to last post
  7. Sticky Thread Sticky: Everything you ever wanted to know about umbrella companies but were afraid to ask...

    There have been so many questions by new contractors about umbrella companies and the way that they work that I thought I would put together a help guide. Hopefully it will answer most of the questions that crop up: All umbrella companies will process your payments through PAYE (Pay As You Earn)...

    Started by LisaContractorUmbrella, 23rd October 2006 13:58
    9 Pages
    1 2 3 ... 9
    • Replies: 80
    • Views: 81,016
    30th April 2016 14:33 Go to last post
  8. Sticky Thread Sticky: Umbrella companies 'expenses policy' changed

    We have had a great deal of enquiries lately about umbrella companies 'expenses policies' changing so I thought I would offer a little clarification. Umbrella companies do not really have an 'expenses policy' as they can only process those expenses that will be allowed under HMR&C guidelines,...

    Started by LisaContractorUmbrella, 8th August 2012 12:26
    2 Pages
    1 2
    • Replies: 10
    • Views: 12,636
    16th August 2012 07:02 Go to last post
  9. Sticky Thread Sticky: Dispensations

    Hi Everyone, We are asked about umbrella company dispensations almost every day so I thought I would add something here to try and help clarify the situation. All umbrella companies have dispensations - if we didn't we would spend all our time filling in forms for the Inland Revenue :( ...

    Started by LisaContractorUmbrella, 29th November 2006 15:56
    5 Pages
    1 2 3 ... 5
    • Replies: 47
    • Views: 59,588
    14th June 2012 07:58 Go to last post
  1. Umbrella company for UK contractor with USA client

    Is anyone contracting for a US client using an umbrella ? Most of the threads I've searched are UK or EU clients: not sure if any UK umbrellas will work with US clients. Thanks for any recommendations

    Started by sdt99, 11th May 2015 13:01
    • Replies: 2
    • Views: 1,079
    14th May 2015 15:20 Go to last post
  2. Umbrella deadline for payment

    HI I've been using an umbrella for several years. In the past they have had a deadline of 23rd of the month to receive funds from the client so that i get paid at the end of the month. Now they are changing this to the 6th of each month. So that in order to be paid i will need my client to...

    Started by dicky1980, 29th April 2015 12:02
    • Replies: 8
    • Views: 959
    30th April 2015 13:46 Go to last post
  3. Being underpaid by Umbrella Company

    Hi all, I've had this problem with my Umbrella (GIANT) for quite some time now and I've only noticed today the extent of the problem. My rate is £14 P/H 37.5 hours per week. I've been taking home average of £320 per week after expenses paid and all deductions taken. I've spoke with a...

    Started by AshleyHerbert, 24th April 2015 16:04
    • Replies: 2
    • Views: 1,269
    30th April 2015 10:54 Go to last post
  4. Approved List

    Hi all I'm new to the forum and after some advise. I have just started a new contract and the agency are telling me that I can only use one of there umbrella companies from their approved list. Unfortunately my usual umbrella company is not on their list, my question is this. Do I have...

    Started by Nelix, 14th April 2015 21:15
    • Replies: 3
    • Views: 1,195
    15th April 2015 09:25 Go to last post
  5. Fake questions

    Can I set up a sockie and say "This 'ere contracting malarkey seems like a right good idea. I came across "Dodd Gee (IoM) Shedloadsamoolah" umbrella company and they say I don't have to pay any tax at all. Do you think it's a good idea? I feel like a right plonker not being a contractor, paying all...

    Started by flamel, 13th April 2015 22:15
    • Replies: 1
    • Views: 936
    14th April 2015 05:08 Go to last post
  6. Parasol Enormous deductions

    Hi guys, When i got my payslip from Parasol i was absolutely shocked! Im new to umbrella company and always used to operate as LTD. This is temporary job, so i thought i use umbrella company. Could you please tell me if these deductions sound right to you: Total=£486.75 Parasol Margin(for 3...

    Started by gitanak, 29th November 2014 16:12
    • Replies: 7
    • Views: 3,367
    13th April 2015 08:51 Go to last post
  7. Experience with ContractorAngels.co.uk?

    This will be my first time contracting in the UK and came across Contractor Angels. Has anyone heard of it or any reviews?

    Started by eclairey612, 22nd March 2015 12:19
    • Replies: 5
    • Views: 1,444
    22nd March 2015 14:45 Go to last post
  8. Brolly question - Have I been done?

    I am currently contracting under an umbrella company, things have gone fine so far. However, last week they paid me (as usual) on the Thursday. Then again, the same amount the following day. Thanks a lot, but I smelt a fish so called them to let them know. They'd had some system glitch...

    Started by Ramrod, 20th March 2015 09:30
    2 Pages
    1 2
    • Replies: 10
    • Views: 1,802
    20th March 2015 18:37 Go to last post
  9. Umbrellas and VAT

    Hi, I'm just starting to look into contracting, having been offered a 6-month contract, working in UK, for the German office of a US company (no UK site). As I understand it, if I was a Ltd, I would not need to charge VAT, (or be registered, even if value of contract is over limit?), as it's a B2B...

    Started by Iainfk, 16th March 2015 15:49
    • Replies: 4
    • Views: 1,192
    17th March 2015 06:40 Go to last post
  10. Umbrella Company "Agreed Deduction"

    Hey everyone New to this forum, new to contracting too - so hopefully I can come here for advice when I need it and give advice out as I learn myself. I got my first contract in September. It has been extended twice now and currently I'm working until May. As it was my first contract, and...

    Started by Nitro, 13th March 2015 13:41
    • Replies: 3
    • Views: 1,574
    16th March 2015 06:54 Go to last post
  11. Umbrella Company Error could someone please advise

    Hi all This is my first post on this forum, so apologies if it's in the wrong place. I'm a contractor which means I work through various employment agencies for different companies. I use an umbrella company for doing my tax/NI and to claim back business expenses (mileage and subsistence)....

    Started by sean mann, 18th February 2015 10:52
    • Replies: 2
    • Views: 1,107
    6th March 2015 11:26 Go to last post
  12. Good Umbrella Company

    Sorry I did search im sure this has been asked a million times not that I found it but can someone recommend a good umbrella company for me to use? One company said this 'Register with us today and we will reduce our standard administration overhead (£27.50 per week worked) by over 50% to...

    Started by slinkydonkey, 25th February 2015 16:01
    • Replies: 5
    • Views: 1,409
    26th February 2015 08:06 Go to last post
  13. Profit Share element of payslip

    I apologise for what probably sounds a naiive question. I am new to contracting and have this week received my first payslip from my umbrella company. The make up of the payslip is a value for wage (based on minimum wage), a value for NI Contributions, a value for expenses and a value for Profit...

    Started by Rhiga, 22nd February 2015 12:49
    • Replies: 5
    • Views: 1,589
    25th February 2015 07:02 Go to last post
  14. P45 and tax, umbrella company then taking up full employment in the same year

    At the end of 2014 I had a short stint being paid through an umbrella company. The P45 I've received from them states the total amount employment amount as £5110 and tax as £842 which is correct in a sense. A part of that £5000 was £1000 expenses (travel) and just under £2000 was profit related...

    Started by Lucky27, 18th February 2015 16:57
    • Replies: 1
    • Views: 1,247
    19th February 2015 08:55 Go to last post
  15. Payroll Company for Luxembourg

    Looking for a payroll company in Luxembourg, which will allow me to claim my living, accomodation and travel expenses to offset my tax liability. Also require a CDD contract(Temporary), as may need to claim chomage(Unemployment benefit) after the contract I am resident in France in the Rhone...

    Started by jmg, 3rd January 2015 12:36
    • Replies: 6
    • Views: 2,057
    12th February 2015 22:19 Go to last post
  16. Pls help with your suggestion! Urgent

    Hi All, I am currently on Tier 2 General sponsored by umbrella company. I have got a new contract opportunity for 6 months starting in 2 weeks. But the new company HR said they will pay directly to my bank account deducting NI and other taxes. I am aware that as a Tier 2 contractor I have to get...

    Started by sowmi, 10th February 2015 16:05
    • Replies: 2
    • Views: 1,082
    11th February 2015 07:17 Go to last post
  17. How long it takes to get a P45?

    I have finished my contract with previous employer and I told my umbrella company to send me the P45 ASAP (as soon as I get my last payslip) - they said it was OK, but now they are telling me that I have to wait until next month as their fiscal month will not end until then. Are we having a laugh...

    Started by curious, 22nd January 2015 11:41
    3 Pages
    1 2 3
    • Replies: 22
    • Views: 3,952
    6th February 2015 06:53 Go to last post
  18. Help to understand just about everything wages /tax/expenses /NI umberela company

    Hello Everyone I hope this post makes sense so please bear with me when using an umbrella company I understand you pay them NI and a Margin from your wages is this is taken first from your top line before your own tax and NI is deducted ? (its my understanding that it is ) If...

    Started by Hallowitch, 27th January 2015 17:42
    2 Pages
    1 2
    • Replies: 14
    • Views: 1,691
    2nd February 2015 08:10 Go to last post
  19. Umbrella refuses to take into account my claim and refers me to P87 - anyone can help

    All I have started a contract 2 weeks 1/2 ago. When I started nothing in terms of paperwork was started between the umbrella company/the agency/the company where I am working. The paperwork was only finalised end of last week. I then set up to enter my timesheet on the umbrella website however...

    Started by ylang, 11th December 2014 20:22
    • Replies: 8
    • Views: 1,413
    29th January 2015 10:34 Go to last post
  20. Unhappy Umbrella Experience...

    Hello All I’m a contractor and opted to use an umbrella company. Numerous issues have ensued, net pay being very low compared to almost 'like for like' quotes elsewhere, convoluted pay slips unable to clearly reconcile the ‘invoiced’ to ‘net’ pay (feels like money is 'missing'), defensive...

    Started by TAN2015, 24th January 2015 11:43
    • Replies: 3
    • Views: 1,407
    26th January 2015 07:33 Go to last post

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