I just starting working for an Umbrella company, some questions..

[richard-af]

The number 1 issue with me at the moment is ... are you solvent? Not one you can answer I reckon since none of the P4 account managers seemd to be expecting administration!!

So they say! I bet they are, as we speak, hurriedly flogging the remaining fixtures & fittings from their offices on e-bay, just before their taxis to the airport arrive.

[malvolio]

May I ask, "compliant" with what? Your business model is to employ contractors, pay them a salary, manage their expenses and pay their taxes using their generated income. So, other than the Companies Act and the various FSA rules, what compliances do you think apply to contractors?

[cordia1982]

As far as I am aware, it is to do with their expense policy, company structure and regular HMRC audits. I haven't actually started the role yet (start on monday) and I will come back with more indepth answer then.

[ASB]

expense policy

Oh dear.