Choice of 4 umbrella companies which one????

[SPURSN17]

ive been told i can only choose between 3 umbrella companies for my next contract. i have been using crystal umbrella which were fine but are not acepted my this agency. the 3 are:
jsa (giant)
parasol
360
ive used parasol before but not too keen as i think they ripped me off abit.

any suggestions?

cheers

[malvolio]

Why use an umbrella? You do realise it's the most expensive way there is to go contracting? Come to that, why let someone else dictate how you run your business?

Have a search on the names through these boards. You will find as many people saying XXX is brilliant as there are saying XXX is dreadful. If all else fails, go for the one that charges the lowest fees.

[sal626]

This is Hays yeah?

They told me the same thing…..to be fair, they said this upfront before they even put me forward for the role. What they DIDN’T tell me, was that you also have the choice of using your own limited company, I only found that out in last couple of months I was there.

From the list above, I used oxygen 360….pretty good..invoices submitted by Monday were cleared in my account by Friday.

[SPURSN17]

yeah hays , think the reason i got less with parasol is because they offset expenses monthly instead of weekly so doesnt work out right.

will give 360 a ring see what they have to offer,

cheers

[BolshieBastard]

Bollocks to that! Tell 'em its your co and nothing else. Umbrella's are leeches.

[slickcontractor]

ive been told i can only choose between 3 umbrella companies for my next contract. i have been using crystal umbrella which were fine but are not acepted my this agency. the 3 are:
jsa (giant)
parasol
360
ive used parasol before but not too keen as i think they ripped me off abit.

any suggestions?

cheers

forget all the above you have named.

www.danbro.co.uk [email protected] 01253 600141 (brett Mariani)

I use Danbro and hays use them as i am with hays.

[Ruse]

ive been told i can only choose between 3 umbrella companies for my next contract. i have been using crystal umbrella which were fine but are not acepted my this agency. the 3 are:
jsa (giant)
parasol
360
ive used parasol before but not too keen as i think they ripped me off abit.

any suggestions?

cheers

I would ignore the tiresome posters who constantly post saying you must use a Ltd Co and not an Umbrella. Brollies have a place in contracting ( I have used brollies and Ltd) and have been useful and effective to thousands of contractors. Accountants can be expensive if you want them to do VAT, 2 payrolls etc as well as annual return. I had a quote of £140 a month recently which is a joke. Brollies are only a small fraction of this and hence very useful if you have periods on the bench as you only pay when you earn.

Like you I didn't find Parasol particularly good, most recently I used Atlantic who were fine, have all the dispensations and follow the rules carefully. My favourites were Norla but they have now stopped their brolly service.

[Durbs]

Brollies have a place in office temping ( I have used brollies and Ltd) and have been useful and effective to thousands of office temps.

Now put the kettle on Sandra and i've got a nice stack of photocopying for you afterwards, there's a good girl, pat, pat.

[malvolio]

I would ignore the tiresome posters who constantly post saying you must use a Ltd Co and not an Umbrella. Brollies have a place in contracting ( I have used brollies and Ltd) and have been useful and effective to thousands of contractors. Accountants can be expensive if you want them to do VAT, 2 payrolls etc as well as annual return. I had a quote of £140 a month recently which is a joke. Brollies are only a small fraction of this and hence very useful if you have periods on the bench as you only pay when you earn.

Like you I didn't find Parasol particularly good, most recently I used Atlantic who were fine, have all the dispensations and follow the rules carefully. My favourites were Norla but they have now stopped their brolly service.

Another good reason why people use umbrellas. Accountacncy fees. I mean £140 a month is iniquitous (it's also out by a factor of 50% burt let's not argue that point).

So 15% net income gain through YourCo on the average £300 a month contract over 6 months is (300*120) * 0.15 = £5400. Take off £100 a month difference between acountancy and umbrella fees (although there's a wild over-estimate IME), you only gain £4800 tax free net. So, what was your point again?

Argue on convenience, fear or IR35, laziness or ignorance of the rules, but not the finanicals. They don't work.

[MB99]

Hays and Big Blue?

Is it also for BB? 'Waiting for a PO' by anychance?