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Forum: Umbrella Companies

All about umbrella companies.

  1. 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: 0
    • Views: 280
    9th August 2017 15:21 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: 15
    • Views: 3,507
    2nd August 2017 10:30 Go to last post
  3. 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: 5
    • Views: 1,025
    13th July 2017 09:48 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: 166,013
    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: 8,992
    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: 3,186
    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: 79,597
    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: 12,113
    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: 57,680
    14th June 2012 07:58 Go to last post
  1. HELP, new contract in Italy

    I've just been offered a contract in Italy for 1 year. It's a great opportunity and one I don't want to miss out on and so what I need to know is can I use an umbrella company in the UK for this gig and if so would I have to pay Italian tax in addition to UK tax and if so does anyone know how much...

    Started by bangface, 18th August 2011 11:58
    • Replies: 9
    • Views: 1,929
    2nd September 2011 10:35 Go to last post
  2. Terminating Service with my Umbrella Company

    Hi all, I got a 3 month contract, from May to July through an agency. I chose an umbrella company to do my payroll. I got to know from my agency in last week of June, that my contract get extended. So, I set up a limited company and informed my agency in the first week of July that I would...

    Started by Bhanupriya, 2nd August 2011 13:21
    • Replies: 9
    • Views: 5,260
    18th August 2011 12:42 Go to last post
  3. Help, House share accommodation question

    All, im new to this contracting lark and i have recently started a new contract. My first week i stayed in a very below par Travelodge and i claimed full accommodation expenses along with overnight subsistance through my umbrella co Parasol. I have now moved into a shared house...............or...

    Started by Sausage thunder, 8th August 2011 14:34
    house share, overnight subsistance
    • Replies: 2
    • Views: 1,450
    12th August 2011 08:17 Go to last post
  4. New to contracting!

    Hi All, Ive recently left my permanent role in the attempt to establish a succesful career in contracting! I figured contractor UK would be a good place to start; meet some new people, find some work in the future (currently working in a 4 month contract - Data Analyst), get some tips and...

    Started by DrakeUK, 10th August 2011 09:36
    • Replies: 1
    • Views: 1,564
    10th August 2011 13:42 Go to last post
  5. Remote Working - European Umbrella Companies

    Hi, I was wondering if anyone could recommend an umbrella company that operates in UK and Spain? I'm going to be working remotely from Spain for a UK company (paid in pounds). As I understand it, I can't use my own UK Ltd as after 6 months in Spain it gets classed as a 'permanent...

    Started by ElBurro, 2nd May 2010 09:47
    european umbrella, remote working
    • Replies: 7
    • Views: 5,022
    9th August 2011 14:31 Go to last post
  6. Anyone using Raingold

    Hi Just wondering if anyone of you are using Raingold as your umbrella company set up ? If so, how has your experience been ? Thanks

    Started by karun2011, 8th August 2011 15:25
    • Replies: 1
    • Views: 2,358
    9th August 2011 06:49 Go to last post
  7. HELP: - Contract In Spain

    Hello, If any of you could offer advice in the following scenario it would be much appreciated. I have been approached with a job opportunity in Spain as a freelancer on a 6th month contract. I have absolutely no idea where to start. Concerns centre around tax, N.I.E issues and spainish...

    Started by Tim Project2011, 25th July 2011 13:45
    • Replies: 5
    • Views: 1,737
    28th July 2011 09:36 Go to last post
  8. Early Exit

    Hi Guys First time poster.. so please forgive any daft questions. I'm with an umbrella for my first contract.. one of the big ones. All seemed ok, apart from the realisation just recently how tax ineficient I am at the moment, but thats by the by. My client has been very happy with me, and...

    Started by Pablos68, 13th July 2011 15:03
    • Replies: 6
    • Views: 1,822
    28th July 2011 09:16 Go to last post
  9. Key Dispensation

    I've heard that Key have had their dispensation revoked by HMRC. Is anyone able to confirm this?

    Started by MattE, 15th July 2011 08:43
    • Replies: 1
    • Views: 1,316
    25th July 2011 07:40 Go to last post
  10. Looking for umbrella for Sweden

    Does anybody have a good umbrella solution for Sweden that gives a good return ?

    Started by SoftySofty, 29th June 2011 12:09
    • Replies: 3
    • Views: 3,544
    20th July 2011 13:52 Go to last post
  11. Springbored

    I have just heard that Springbored have been acquired by a company called Sprite or Sprite Management, is this just hearsay or is there any truth in this?

    Started by bangface, 19th July 2011 11:20
    • Replies: 2
    • Views: 1,216
    19th July 2011 13:09 Go to last post
  12. Handcuff Clauses by Umbrella Companies vs Agents

    Howdo, my agent has a handcuff clause for 12 months on a contract I have been offered in Sweden. I have also been pointed towards a Dutch umbrella company which is also proposing a 12 month handcuff clause. This would mean after the contract is expired I may be tied to the agent but would also...

    Started by SoftySofty, 16th July 2011 14:27
    • Replies: 0
    • Views: 1,486
    16th July 2011 14:27 Go to last post
  13. Giant and the taxman

    I've heard that Giant owe HMRC £10M. If true this is very worrying. Is anyone able to confirm this?

    Started by MattE, 15th July 2011 08:44
    • Replies: 1
    • Views: 1,543
    15th July 2011 13:19 Go to last post
  14. 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: 1,904
    12th July 2011 13:15 Go to last post
  15. 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: 1,278
    10th July 2011 23:04 Go to last post
  16. 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: 2,026
    7th July 2011 10:49 Go to last post
  17. 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: 2,767
    6th July 2011 10:44 Go to last post
  18. 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: 1,740
    29th June 2011 12:20 Go to last post
  19. 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: 2,140
    23rd June 2011 09:17 Go to last post
  20. 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: 3,553
    19th June 2011 20:01 Go to last post

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