Has anybody used them. I am moving from prosperty 4 and don't feel like getting burnt again.
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Orange Genie
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Umbrella companies are terrible. Go ltd.Down with racism. Long live miscegenation! -
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You'll still take more money home. You've an additional 5% above travel and subsistence for frivolities.Down with racism. Long live miscegenation!Comment
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Didn't OG go into administration too and then reappear as OW?Originally posted by frizik View PostHas anybody used them. I am moving from prosperty 4 and don't feel like getting burnt again.Comment
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Aren't they one and the same? PCG has no other QU, right?Originally posted by malvolio View PostAgreed. Go Parasol, or PCG QU.
Their fees are ridiculous, even after they flower it up with the after tax relief cost!!!
Extract taken from PCG website:
Options and costs
Unlike umbrella schemes which charge a percentage of your salary, Parasol's administration cost is based on a flat rate: When you gain a well deserved pay rise you can be sure your Parasol administration cost stays exactly the same.
The administration deductions made are based on whether you are weekly or monthly paid as follows:
* Weekly paid - weekly administration deduction of £40.95 for each week, or part week, that you use the facility (£29.59 after tax relief)
* Monthly paid - monthly administration deduction of £97.95 for each month, or part month, that you use the facility (£59.96 after tax relief)
Using the monthly fee of £97.95 as an example, PCG (QU) gives you a valuable package of services that would cost you around £130 a month to buy
Check out Go Umbrella, they only charge a tenner a week and provide a whole range of products and benefits with insurance as standard, its a no brainer who I would choose...Comment
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