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Forum: Umbrella Companies

All about umbrella companies.

  1. 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 14:23
    2 Pages
    1 2
    • Replies: 11
    • Views: 3,036
    2nd February 2017 11:29 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 13:00
    • Replies: 2
    • Views: 729
    26th January 2017 13:17 Go to last post
  3. 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: 1,377
    12th December 2016 21:51 Go to last post
  4. 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: 75,537
    30th April 2016 14:33 Go to last post
  5. 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: 10,428
    16th August 2012 07:02 Go to last post
  6. 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 16:56
    5 Pages
    1 2 3 ... 5
    • Replies: 47
    • Views: 53,129
    14th June 2012 07:58 Go to last post
  7. 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 simonsjdaccountancy, 10th May 2006 11:10
    18 Pages
    1 2 3 ... 18
    • Replies: 174
    • Views: 157,408
    24th May 2010 22:38 Go to last post
  1. goUmbrella Review - AVOID

    So, I started a contract start of February and signed up to goUmbrella as they were one of the cheapest around and offered no other fees such as closing. I thought how hard can it be to sort out pay for you.... How very wrong I was... So first week they were excellent and everything was set up...

    Started by blues1143, 21st April 2016 09:49
    3 Pages
    1 2 3
    • Replies: 23
    • Views: 3,365
    29th June 2016 21:16 Go to last post
  2. Why is BestPay in the directory

    Hi Searching http://forums.contractoruk.com/ in regards to bestpay it becomes apparent that it might not be wise to user their service. But when you look at Directory of Umbrella Companies & Alternative Contractor Pay Solutions :: Contractor UK it's the fourth company from the top. It's...

    Started by Floo, 27th June 2016 13:28
    • Replies: 2
    • Views: 1,092
    28th June 2016 14:43 Go to last post
  3. Intellectual property clause in umbrella's employment contract?

    Hey all, I've just got a 6 mo software dev contract which looks like it'd fall within IR35, being new to all this I've gone with an well known umbrella company. The umbrella company requires I sign a contract of employment that contains an intellectual property clause and I can't understand...

    Started by ContractDeveloper, 27th May 2016 16:53
    • Replies: 1
    • Views: 687
    23rd June 2016 13:28 Go to last post
  4. Thumbs down Parasol Umbrella Company

    PLEASE PLEASE PLEASE. do your homework and research umbrella companies. When you do you will find Parasol and company full of misinformation. confusing payslips, expensive fees and when it comes to speaking to specific people they are 'never there'. Thet come across as all funky and cool but in...

    Started by Ian McQueen, 5th September 2011 12:42
    2 Pages
    1 2
    • Replies: 14
    • Views: 8,877
    22nd June 2016 10:34 Go to last post
  5. HMRC correct Clause 14 of T&S

    So HMRC have issued the Amendment to Clause 14: Travel expenses of workers providing services through intermediaries Not surprisingly they are going to apply this retrospectively from 6th April, so let's hope no-one has been caught by an umbrella company thinking it gave them an excuse to continue...

    Started by lucycontractorumbrella, 15th June 2016 15:16
    • Replies: 6
    • Views: 867
    eek
    16th June 2016 08:49 Go to last post
  6. Anyone used ADVANCE as an umbrella?

    Hi, I'm completely new to the Ltd/Umbrella world of employment. Has anyone used w ww.advance.online before? The were recommended by an agency who I secured a job through, but I said I would look into them. Then out of blue I received a call from Advance about registering my details. I...

    Started by mikat, 6th June 2016 12:09
    3 Pages
    1 2 3
    • Replies: 20
    • Views: 3,011
    14th June 2016 15:22 Go to last post
  7. BBC Money Box - National Insurance - how some 'umbrella' contractors pay twice

    BBC Radio 4 - Money Box, National Insurance - how some 'umbrella' contractors pay twice Listening to this weekends money box and there was a segment on contractors engaged though Umbrella companies and the "unfairness" of being taxed Employers and Employees NI, was an interesting listen that...

    Started by SimonMac, 6th June 2016 07:43
    • Replies: 1
    • Views: 848
    6th June 2016 07:51 Go to last post
  8. Anyone Used i-paye

    Does anyone have any experience of using these guys, been recommended by the agent, fairly happy with my current brollie but they aren't on the agents preferred list etc, etc

    Started by taggs, 28th May 2016 10:26
    • Replies: 6
    • Views: 977
    5th June 2016 20:56 Go to last post
  9. Umbrella companies still allowing expenses Post 6th April 2016

    So I thought it worthwhile writing a very short post with regards to expenses and umbrella companies post April. I have received numerous phone calls over the last few weeks whereby contractors are telling me that they are receiving a better take home through other umbrella companies and will...

    Started by lucycontractorumbrella, 24th May 2016 10:42
    2 Pages
    1 2
    • Replies: 10
    • Views: 1,889
    3rd June 2016 21:48 Go to last post
  10. Help with signing up to an umbrella company

    So I am going into my first ever contracting role which is a 3 month rolling contract. I will be going through an agency but they said I need to find my own umbrella company. I have been looking around at different companies but some of them seem to take quite a big chunk of money out of the pay....

    Started by alex2900512, 5th May 2016 15:44
    4 Pages
    1 2 3 ... 4
    • Replies: 32
    • Views: 3,873
    24th May 2016 10:48 Go to last post
  11. Question Umbrella Company Recommendations

    I recently moved to London from Sydney on a youth mobility visa. I will be contracting for a very small events company. They asked if I can source my own Umbrella company. I've never dealt with an umbrella company before, so I just wanted some recommendations. I will be on a weekly basis of 37.5...

    Started by AliciaJane, 23rd May 2016 22:31
    • Replies: 3
    • Views: 829
    24th May 2016 10:45 Go to last post
  12. Giant Umbrella pension auto enrollment

    It seems my Umbrella (Giant) as put in place pension auto enrollment with NEST think it had to by Law after April 2016 so OK if had to be done i already have a pension running for some years so may Opt out of NEST if i can. But it seems a wee bit of miss selling is going on with this its...

    Started by sharky, 8th April 2016 11:27
    • Replies: 4
    • Views: 1,146
    24th May 2016 10:08 Go to last post
  13. New umbrella company required!

    Hi, I'm currently using Parasol as an umbrella company but am thinking of changing for various reasons. Does anyone have any recommendations? I've been looking at Crystal Umbrella which is top of the league table according to freelancesupermarket.com but I'm not sure if they're any good or even...

    Started by stiders, 27th April 2011 16:03
    17 Pages
    1 2 3 ... 17
    parasol, umbrella company, umbrella recommendations
    • Replies: 166
    • Views: 42,105
    6th May 2016 14:25 Go to last post
  14. HMRC to align T&S legislation with the intentions of Parliament

    Received today from HMRC... Travel and subsistence expenses for workers engaged through employment intermediaries Note on the effect of the legislation The government introduced legislation in clause 14 of the Finance Bill 2016 restricting relief on home-to-work Travel and Subsistence (T&S)...

    Started by lucycontractorumbrella, 27th April 2016 21:36
    2 Pages
    1 2
    • Replies: 12
    • Views: 1,913
    6th May 2016 12:45 Go to last post
  15. Approach from Procorre

    I've been approached by Procorre saying they have work - however, they don't seem to want to provide a job spec and want to discuss over the phone. This is unusual as I only ever take projects within big blue chip organisations. I've read a few posts here about this outfit and there's more alarm...

    Started by flamel, 18th April 2016 20:06
    • Replies: 2
    • Views: 1,655
    19th April 2016 11:38 Go to last post
  16. Angry Advice please, at the end of my rope

    I decided to venture into the world of contracting but wasn't sure if I would stay so took a 6 month contract and signed up with Giant. Their estimates had my take home being around £5300 a month which given PAYE calculators seemed about right. I was shocked and dismayed when my first month's...

    Started by FedupwithGiant, 8th April 2016 18:05
    • Replies: 7
    • Views: 1,452
    13th April 2016 14:16 Go to last post
  17. Umbrella and expenses in tax year 2016/2017

    As per Autumn Statement, umbrella employees will no longer be able to claim T&S expenses in next tax year. Is there anything else you guys expect to claim, with the new law in place? I can't think of anything significant I could lawfully claim on a regular basis.

    Started by AutomationGuy, 30th January 2016 18:13
    2 Pages
    1 2
    • Replies: 17
    • Views: 3,522
    13th April 2016 10:11 Go to last post
  18. Have umbrella companies told their clients what their plans are after April?

    With the effective removal of travel expenses from April 2016 I've not heard much from the big or smaller operators about their plans. I guess many will be trying to move over most of their clients to Limited companies, assuming they can get round the facilitation provision of the MSC...

    Started by Waldorf, 20th February 2016 21:07
    9 Pages
    1 2 3 ... 9
    • Replies: 82
    • Views: 8,865
    9th April 2016 16:23 Go to last post
  19. A simple statement declaring "No SDC" will NOT suffice as evidence

    At last we have the SDC guidance released by HMRC on the day the legislation comes into force... It appears as if the elusive EDM model will be short lived and Umbrella's looking to simply gain a declaration of no SDC may have to rethink! :yay: "HMRC does not consider signed waivers and...

    Started by lucycontractorumbrella, 6th April 2016 15:46
    • Replies: 9
    • Views: 970
    6th April 2016 20:50 Go to last post
  20. BSL Umbrella

    Anyone have experience of this company ?

    Started by Hoppy, 29th March 2016 19:03
    • Replies: 3
    • Views: 771
    6th April 2016 15:29 Go to last post

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