I have been using umbrella companies for some years now but have just been hit with a beauty that I think some people may need to be aware of.
I have had 4 months off this year for one reason or another and just started a new contract for which the invoice was paid last week. My umbrella company, up til now have been very good and paid with no problems, however, when I received my pay advice this weekend I had a shock. Nearly 80% of the gross invoice total had been deducted via something they called a deduction of earnings. Invoice total £1200 this one deduction was £950 not including the NI and Tax Frantic phone calls insued once I had recovered from the near heart attack to be told that the CSA had ordered that they pay this. The umbrella company didnt tell me, the CSA didnt tell me, only reason I found out was the fact that I got a pay slip and checked it. I am in fact already paying the CSA by standing order and he is 19 in 3 weeks time.
The umbrella company does not want to help in any way and do not see that anything is wrong with this payment and will do nothing until they are told otherwise by the CSA and they will be making the same deduction this week when the next invoice is paid.
Guess it is time now to move into being a Ltd company. So a question for you all, once you have managed to either stop rolling on the floor laughing or picking your jaws up and before I comit
Who from all the adverts and mentions on here do you consider to be the easiest and probably cost effective accountancy firm to go with. I am thinking either Nixon Williams or SJD.
Anybody out there been stuffed( i thought i would be polite here - use any other appropriate word to replace stuffed ) up by the CSA as a Ltd company?
Please let me make it clear I am not trying to get out of paying the CSA, I am already paying monthly via standing order and he is 19 next month. I simply cannot afford 80% deductions from my pay each week. Even if the CSA state that I have 60% protected earnings, seems that umbrella payrole staff cannot compute these figures.
One other thing bothering me, I am classed as an employee of the umbrella company so why do I pay the employers NI contribution!
I have had 4 months off this year for one reason or another and just started a new contract for which the invoice was paid last week. My umbrella company, up til now have been very good and paid with no problems, however, when I received my pay advice this weekend I had a shock. Nearly 80% of the gross invoice total had been deducted via something they called a deduction of earnings. Invoice total £1200 this one deduction was £950 not including the NI and Tax Frantic phone calls insued once I had recovered from the near heart attack to be told that the CSA had ordered that they pay this. The umbrella company didnt tell me, the CSA didnt tell me, only reason I found out was the fact that I got a pay slip and checked it. I am in fact already paying the CSA by standing order and he is 19 in 3 weeks time.
The umbrella company does not want to help in any way and do not see that anything is wrong with this payment and will do nothing until they are told otherwise by the CSA and they will be making the same deduction this week when the next invoice is paid.
Guess it is time now to move into being a Ltd company. So a question for you all, once you have managed to either stop rolling on the floor laughing or picking your jaws up and before I comit
Who from all the adverts and mentions on here do you consider to be the easiest and probably cost effective accountancy firm to go with. I am thinking either Nixon Williams or SJD.
Anybody out there been stuffed( i thought i would be polite here - use any other appropriate word to replace stuffed ) up by the CSA as a Ltd company?
Please let me make it clear I am not trying to get out of paying the CSA, I am already paying monthly via standing order and he is 19 next month. I simply cannot afford 80% deductions from my pay each week. Even if the CSA state that I have 60% protected earnings, seems that umbrella payrole staff cannot compute these figures.
One other thing bothering me, I am classed as an employee of the umbrella company so why do I pay the employers NI contribution!
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