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: 2,066
    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: 4,794
    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: 1,244
    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: 169,405
    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: 10,835
    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: 3,792
    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: 81,022
    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: 12,638
    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: 59,591
    14th June 2012 07:58 Go to last post
  1. Business Expenses

    A quick question I'm hoping someone will be able to provide clarification. Currently I'm working under an umbrella company that doesn't allow me to claim on items such as laptops and office equipment. If I switch to a limited company within this tax year could I claim for the items purchased...

    Started by Shivers, 21st December 2011 06:05
    • Replies: 8
    • Views: 1,500
    21st December 2011 13:07 Go to last post
  2. variable rate contract and umbrella companies

    I've been offered a new contract which is atypical in as much as the work is piece-meal and the amount paid will vary according to the piece of work. Therefore, I will not have a fixed hourly or day-rate. I have used umbrella companies in the past so was planning on doing so again, but have been...

    Started by berkleyn, 19th December 2011 17:08
    2 Pages
    1 2
    • Replies: 19
    • Views: 2,222
    20th December 2011 22:41 Go to last post
  3. Help - understanding a Umbrella Company

    I am quite new to contracting but i am little bit confused. I have been with an umbrella company for almost a year. I need to apply for a mortgage and the bank have requated that i provide net and gross figures for the year. she said i would normally get these from my accountant. Would the...

    Started by Nick1953, 8th December 2011 09:21
    • Replies: 3
    • Views: 1,404
    8th December 2011 12:42 Go to last post
  4. JSA in Watford - what are they like now for the Umbrella & Ltd Company approach?

    I am just about to (or should I say, " I have to", due to redundancy!) get back into the contracting market after the last 15yrs in permie employment. The last time I was a contractor was 92-96, and, at least for most of that time, I used JSA as my umbrella company and I was pretty happy with...

    Started by jeallen01, 19th November 2011 17:56
    • Replies: 1
    • Views: 2,840
    20th November 2011 21:30 Go to last post
  5. Choice of Umbrella Company

    Hi Guys, Need some advice. I am working with a company right now and they are not letting me work under my Own Limited Copany or through a Umbrella Company of my choice. I can only work for them through an umbrella Company called : OrangeGenie, who charges about 110/month for their...

    Started by loinguy, 10th November 2011 14:26
    • Replies: 3
    • Views: 1,662
    10th November 2011 14:45 Go to last post
  6. AWR - pay between assignments

    Hi everyone I am looking at starting a short term contract of 6 weeks quite soon and have spoken to a couple of umbrella companies who have given me conflicting advice, unless, I have misunderstood them. Please can anyone clarify that I will be entitled to 4 weeks pay between assignments if...

    Started by Technofobe, 8th November 2011 15:52
    • Replies: 3
    • Views: 2,185
    9th November 2011 10:49 Go to last post
  7. HMRC Compliance Check Worries

    Hi Folks Hope you can help. I am under random compliance check. I am working for a large uk company through an agency via a payroll company. HMRC are doing a compliancy check on me. I have been claiming my travel expenses as per the usual rules (at least I thought) HMRC are telling me that...

    Started by norush, 1st November 2011 20:22
    3 Pages
    1 2 3
    • Replies: 25
    • Views: 7,940
    8th November 2011 17:59 Go to last post
  8. Question Agency overpaying umbrella

    Hi, I'm actually posting this on behalf of a friend "I was overpaid by Project People months ago. I questioned my umbrella company at the time and they said everything was fine. Now the agency has contacted my Umbrella company for the money back. Do you know what I can do?? I can't afford to...

    Started by chineseJohn, 8th November 2011 09:18
    • Replies: 4
    • Views: 1,445
    8th November 2011 15:23 Go to last post
  9. EMI Share Allocation Umbrella

    I have a friend who is inside IR35 and therefore cannot go the Ltd Company route... his new contract starts on Monday. I thought his only option would be to go to an umbrella company. But he has had a quote from someone offering an EMI Share Options umbrella solution... HMRC has this to say:...

    Started by JamLol, 4th November 2011 14:16
    emi share allocation, loan
    • Replies: 0
    • Views: 1,415
    4th November 2011 14:16 Go to last post
  10. Umbrella company - not able to see contract - and terms change

    Hi. I just wanted to describe a situation that I have found myself in and to check if anyone else has had a similar experience. I recently moved from one agency to another whilst still working for the same client and through the same umbrella company. I had numerous discussions with the...

    Started by chrisk, 22nd September 2011 13:19
    • Replies: 7
    • Views: 1,797
    11th October 2011 07:51 Go to last post
  11. Tax Solution

    I have been contacted by a number of companies offering a Tax Solution. The deal is that you join a Limited Liability Partnership. Your earnings get paid into the LLP; you take out a salary of 14,500 per year, and the rest you draw off the LLp as a loan, making it non-taxable. You retain 82% of...

    Started by Scotty1000, 4th October 2011 18:00
    • Replies: 3
    • Views: 1,473
    6th October 2011 09:16 Go to last post
  12. Is permanent job with an umbrella company while on teir 4 (student visa) illegal?

    -I have a contract (not permanent) job with an end client -I am getting my payroll done through an umbrella company -The contract with the umbrella company mentions I am a full time permanent employee with the umbrella company - Right now I am on a student visa, but I will not start working...

    Started by Infoseeker, 22nd September 2011 17:33
    • Replies: 3
    • Views: 2,630
    23rd September 2011 12:16 Go to last post
  13. Contractor pays employers N.I.C

    Thinking of becoming a contractor, is it true that a contractor working for a umbrella company has to pay employers N.I from their own pay. In this case is it that as a contractor whose 24 month period has exceeded and is termed as a permanent employee takes home less net pay then a normal...

    Started by srk, 3rd September 2011 23:39
    • Replies: 7
    • Views: 2,066
    srk
    6th September 2011 05:05 Go to last post
  14. Help: understanding limited company %

    Sorry not sure if this is the right place to post : I have spoken to a few people to try and understand the take home % possible under a limited company, but no one gives me a difinitive answer. Can someone please advise on this: Say I make 100k under a limited company outside IR35:

    Started by karun2011, 3rd August 2011 20:35
    • Replies: 2
    • Views: 2,232
    4th September 2011 22:00 Go to last post
  15. 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: 1,994
    2nd September 2011 10:35 Go to last post
  16. 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: 5,415
    18th August 2011 12:42 Go to last post
  17. 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: 1,462
    12th August 2011 08:17 Go to last post
  18. 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: 1,573
    10th August 2011 13:42 Go to last post
  19. 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: 5,087
    9th August 2011 14:31 Go to last post
  20. 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: 2,382
    9th August 2011 06:49 Go to last post

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