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Forum: Umbrella Companies

All about umbrella companies.

  1. 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: 12
    • Views: 2,174
    16th June 2017 10:19 Go to last post
  2. 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: 176
    • Views: 162,502
    5th May 2017 09:16 Go to last post
  3. 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: 7,021
    2nd February 2017 10:29 Go to last post
  4. 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: 2,510
    12th December 2016 20:51 Go to last post
  5. 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: 82
    • Views: 78,151
    30th April 2016 14:33 Go to last post
  6. 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: 11,572
    16th August 2012 07:02 Go to last post
  7. 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: 55,693
    14th June 2012 07:58 Go to last post
  1. Worrying HMRC statement - End of Umbrella?

    Just came across this on HMRC website....HM Revenue & Customs: Statement by HM Revenue & Customs From what I can make out, its saying expenses can no longer get tax relief even under dispensation unless they are actually reimbursed to employee? doesnt have a date on statement, so not sure how...

    Started by YNWA, 12th July 2011 12:36
    • Replies: 2
    • Views: 1,883
    12th July 2011 13:15 Go to last post
  2. Contracting with a Student Visa

    I have a friend who works only 20 hours a week and studying full time. He works full time during the summer break that is allowed by law. In order to save for the tuition fee this coming September, this summer he is intending to take a contract through a management company and leave his permanent...

    Started by qrame, 10th July 2011 22:57
    • Replies: 1
    • Views: 1,262
    10th July 2011 23:04 Go to last post
  3. Umbrella or Not to Umbrella

    Hi Guys First time poster, so please be gentle... I looked to see if there was a more appropriate thread for this, but I couldnt see one. Ive been contracting for 7 months now, and decided for my first contract I would go umbrella as I was very worried about the black arts of ltd company and...

    Started by Paulr, 6th July 2011 13:51
    • Replies: 6
    • Views: 2,006
    7th July 2011 10:49 Go to last post
  4. Umbrellas for irregular contracts

    It is occasionally mentioned that umbrellas are beneficial for someone who only expects to work irregularly, or "part-time", on IT contracts. With a Ltd Co, accountancy costs continue without regard to contracts awarded. But what is the situation for someone who has signed a contract of...

    Started by alexp78, 27th June 2011 13:52
    2 Pages
    1 2
    • Replies: 19
    • Views: 2,722
    6th July 2011 10:44 Go to last post
  5. Umbrella Company for Sweden

    Hello, what umbrellas have folks chosen for Sweden that they are happy with ?

    Started by SoftySofty, 29th June 2011 12:20
    • Replies: 0
    • Views: 1,712
    29th June 2011 12:20 Go to last post
  6. AWR and Swedish model - will I pay more?

    Hi, Have been working through my umbrella company for just over a year and all is pretty good. They have recently contacted me about the new AWR that comes in later this year and they say they will operate under the Swedish Derogation model. I have done some research, all seems OK ish, and they...

    Started by Sarah2010, 22nd June 2011 10:56
    • Replies: 6
    • Views: 2,115
    23rd June 2011 09:17 Go to last post
  7. High Take Home Pay Schemes - a warning

    HMR&C have announced that they have expanded their definition of a Managed Service Company; their position is that intermediaries providing payment services to contractors should do so via PAYE and not any other means. They have declared "Where HMRC challenges successfully a company as being within...

    Started by LisaContractorUmbrella, 14th June 2011 12:59
    3 Pages
    1 2 3
    • Replies: 23
    • Views: 3,494
    19th June 2011 20:01 Go to last post
  8. Where now?

    When I started contracting I was advised by my accountant to use a limited company so I did and for a while things were good. Following the stress of an excruciatingly drawn out IR35 investigation which was eventually dropped by HMRC I decided that I had had enough, closed the company and...

    Started by WotNxt, 16th June 2011 22:29
    • Replies: 6
    • Views: 1,343
    17th June 2011 09:26 Go to last post
  9. Umbrella Negligence - need advice fast please

    Hi, I have been with an umbrella company for about 8 months, now on my second client with them. Up until recently they have been excellent and helpful. I started the new contract mid april, with monthly invoicing. There was a clause allowing for payment to take up to 30 days, which I...

    Started by chucklz, 3rd June 2011 09:34
    • Replies: 3
    • Views: 1,469
    16th June 2011 09:07 Go to last post
  10. Carlsberg don't do umbrella companies but if they did................................

    Here goes, what would make an umbrella company the best ever umbrella company, what would it do and how would it do it ?

    Started by geoff from contracta IOM, 20th April 2011 11:55
    3 Pages
    1 2 3
    • Replies: 29
    • Views: 5,994
    16th June 2011 06:48 Go to last post
  11. Receive up to 80% of your pay.

    Hi, You see advertisements by Umbrella companies saying "Receive up to 80% of your pay"? Does anyone know how this works? Or direct me to a post were this has been discussed before please? Could someone recommend of these Umbrella Company? Regards

    Started by singhie, 9th June 2011 14:45
    • Replies: 4
    • Views: 1,226
    10th June 2011 08:34 Go to last post
  12. Rceruitment Agency hit by MSC transfer of debt by HMRC

    Hi, Does anyone know or has heard of the agency who have been hit with a £10 million MSC transfer of debt bill by the HMRC. Have also heard that an Umbrella Company has gone bust. Any news would be greatly appreciated.

    Started by Mikey3001, 15th April 2011 09:11
    • Replies: 3
    • Views: 2,835
    7th June 2011 09:01 Go to last post
  13. Switzerland

    I'm thinking of looking at a contract in Switzerland. Does anybody know anyone that has worked in Switzerland before; does anybody know any umbrella companies that can payrole me in Switzerland? Thanks for helping.:bang:

    Started by Contractguy06, 18th April 2011 11:47
    • Replies: 3
    • Views: 1,554
    13th May 2011 05:42 Go to last post
  14. Income Reference letter

    Hello, I am using GIANT as umbrella company. They say I am employee of giant. but in reference letter, they are not issuing the letter with annual salary; but they say daily rate. bank wants annual salary to issue mortgage. Can someone guide me the best template for income reference...

    Started by shebbar, 27th March 2011 18:33
    • Replies: 2
    • Views: 3,725
    28th March 2011 07:33 Go to last post
  15. Negotiating Rate for joining Umbrella Co: Hr Rate + 12.07% Hol + 12% NI Uplift

    Hello, (I have searched but couldn't find an answer) I am about to start a new contracting role and this time want to make sure I am getting what I should, if I choose to switch to an Umbrella Co from PAYE. My hourly rate through PAYE will be £24 an hour + Holiday on top of that. I work...

    Started by RotherValley, 22nd March 2011 19:48
    • Replies: 3
    • Views: 3,499
    24th March 2011 15:51 Go to last post
  16. Umbrella Terms and Conditions

    I've just been offered my first contract and have decided to use an Umbrella Company. However, I was surprised by some of the terms and conditions. e.g. it states I'm required to work when required by the umbrella company and I must seek to locate and negotiate a new assignment to start immediately...

    Started by jungleboogy, 3rd March 2011 21:52
    • Replies: 3
    • Views: 1,884
    18th March 2011 08:12 Go to last post
  17. Urgent Questions

    I have a few questions concerning joining Contractor UK as an Umbrella company serving one man band limited companies. What would an umbrella company get from joining as a member? Which different memberships do you offer? What are the costs of joining the membership organisation? What...

    Started by University, 16th March 2011 14:40
    • Replies: 2
    • Views: 1,133
    17th March 2011 07:23 Go to last post
  18. If I switch from an Umbrella to a LTD mid tax year can I claim on office furniture?

    Hi All, Working under a brolly at the mo that doesn't allow you to claim on things like computer hardware, office equipment etc. If I changed to a LTD within the tax year could I claim for them under the LTD given that they are valid business expenses under a LTD? Cheers

    Started by 2BIT, 14th March 2011 11:12
    • Replies: 5
    • Views: 1,758
    15th March 2011 06:55 Go to last post
  19. Using umbrella company for contractor work in Italy and being spanish national

    Hi all, I know there must be older threads where I might find the information I am asking about in here. While I look for it I have taken the freedom to post my question. I may start in the near future working for an italian company and have been advised to use an umbrella company. From a...

    Started by aerospain, 11th March 2011 14:56
    • Replies: 1
    • Views: 2,731
    14th March 2011 07:26 Go to last post
  20. Umbrella Companies and Payslip

    Does your payslip from your Umbrella Company show the date its been processed (ie when you have been paid) or the date of when you worked. I am being paid weekly but the first payment will be 4 1/2 weeks after I worked. Thanks :smile

    Started by tiana, 5th March 2011 22:03
    • Replies: 1
    • Views: 1,714
    7th March 2011 12:50 Go to last post

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