When you work through an umbrella company your salary is based on the contract rate, as agreed in the business to business contract between the agency and the umbrella company, less an amount that the umbrella company must, by law, pay to HMR&C for employer's NI and their margin which is retained for the services they perform
HTH
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Previously on "Umbrella payslip has EEs NI and also Ers NI"
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Yes, you get hit for both employers & employees NI when working through an umbrella.
May be worth checking out the links on the right, especially first timers guide and Umbrella Companies.
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You need to advise us of your line of work. It sounds as if you may be a radiator bleeder. Or possibly a gladiator? These are important details to give you an accurate answer.
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Originally posted by trumpet View PostHi there,
I started my first contract last month and received my first payslip yesterday.
I'm quite surprised to see both Employers NI Contribution and also Employees NI Contribution on there.
Is is correct to have both as a contractor using an umbrella?
I am sure you will get better advice - but yes its normal.
your rate should include all this when you negotiate it.
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Umbrella payslip has EEs NI and also Ers NI
Hi there,
I started my first contract last month and received my first payslip yesterday.
I'm quite surprised to see both Employers NI Contribution and also Employees NI Contribution on there.
Is is correct to have both as a contractor using an umbrella?Tags: None
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