opinions on umbrella company procedure?

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gingerjedi replied

3 May 2007, 15:38
£1200 PA for doing nothing when an accountant will do it all for about £800 PA? Are you mad???
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Newby replied

3 May 2007, 15:03
I cannot believe I am first to say it!
Why would you pay £25 for someone to do nothing?
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ash01 started a topic opinions on umbrella company procedure?

3 May 2007, 14:51
opinions on umbrella company procedure?

Apologies for my lack of knowledge but wanted thoughts on below. Spoke to an umbrella company, orchard financial services today and wondered if anyone had an opinion either way on their service.

Intersting point, consultant said they take out flat £25 fee/wk and pay rest of wage to me. i.e gross without tax or NI deducted. He then said its my obligation to put enough away to cover tax and ni at the end of the financial year when doing self assessment tax. Thought they had to deduct tax and NI when paying me. I'm confused ?????
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