Parasol or contractorUmbrella ??

[ASB]

All true but 92% is recoverable from the Inland Revenue so the cost to the business is not as high as you think.

I didn't realise it was mostly reclaimable - that obviously makes all the difference.

I seem to recall that it didn't used to be reclaimable for anything other than a small employer.

[Archangel]

I didn't realise it was mostly reclaimable - that obviously makes all the difference.

I seem to recall that it didn't used to be reclaimable for anything other than a small employer.

It depends on the Class 1 NI contributions an employer has made. If they are < £45k themn all SMP is recoverable. Above £45k then 92% is recoverable.

[newbee]

Never parasol

parasol messed up big time when I was with them, charged me weekly fee when actually I submitted timesheets monthly. To set it right it took quite a few calls and was escalated to manager to set it right. I was furious enough, added to this they didnot pay me for 1 month, saying agency had not paid invoice. which was actually mistake on parasol's part and not agency, since they had paid invoice.
Parasol did apologise for mistake by which time I had enough of them, rest you can imagine..........

[czar1]

No major problems with Parasol so far. Only issues that I have had is with the £35 CHAPS payment when Giant do not charge this. Also had issues when the contract renewal fell in between the recruitment agencies pay calendar and I got charged two admin fees

But the pay comes in on time as long as you have the timesheets done and I like how they ask for all of your receipts so you only deduct what you are entitled to.

Haven't been with the other company but I can definitely recommend Parasol.

[northernladuk]

No major problems with Parasol so far. Only issues that I have had is with the £35 CHAPS payment when Giant do not charge this. Also had issues when the contract renewal fell in between the recruitment agencies pay calendar and I got charged two admin fees

But the pay comes in on time as long as you have the timesheets done and I like how they ask for all of your receipts so you only deduct what you are entitled to.

Haven't been with the other company but I can definitely recommend Parasol.

After three years I think he will be sorted by now

[Svalbaard]

Whilst I realise that I'm probabaly a little late to the party with this thread, my experience with Parasol was good to start with but then went downhill rapidly alongside their service levels and attention to detail - coincidentally alongside a series of price hikes. I concur with a previous poster who stated that their attitude became "we're right, you're wrong." I even spoke to HMRC who also stated that they were wrong - but would they listen???

Anyway, not wanting to sound like an advertising hoarding, but I have been with Contractor Umbrella now for about 3 years and have been very happy with service levels and costs from the start.

[Epiphone]

ContractorUmbrella.

Helpful, you get a named contact, they know their onions.