Originally posted by lucyclarityumbrella
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Reply to: Umbrella companies
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Previously on "Umbrella companies"
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Originally posted by malvolio View PostBut I wasn't being entirely serious. After all, I was responding to Lucy, who has a reasonable grasp of how umbrellas ought to work...
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Originally posted by eek View PostYou would hope that FCSA (who claim their agencies are gold standard) was enough for agencies and that their once a year check would catch such issues.
It's almost like you are suggesting that the only way an agency (or contractor) can be sure that an umbrella isn't dodgy would be by a separate third party independently verifying every calculation and payment.
But I wasn't being entirely serious. After all, I was responding to Lucy, who has a reasonable grasp of how umbrellas ought to work...
Perhaps a few smileys would assist
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Originally posted by eek View PostIt's almost like you are suggesting that the only way an agency (or contractor) can be sure that an umbrella isn't dodgy would be by a separate third party independently verifying every calculation and payment.
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Originally posted by malvolio View PostThat depends on who is insuring for what, surely...
For example, will the umbrella assure the agency that they will not play games with the fees they receive so that the agency isn't stuck with a tax investigation. And will pay the agency if that happens...
It's almost like you are suggesting that the only way an agency (or contractor) can be sure that an umbrella isn't dodgy would be by a separate third party independently verifying every calculation and payment.
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Originally posted by eek View PostI'm not that surprised as verifying that an umbrella company is actually honest is hard work - and FCSA certification isn't anywhere near enough to verify that an umbrella firm is honest. Mind you insurance is a weird issue to fall down on...
For example, will the umbrella assure the agency that they will not play games with the fees they receive so that the agency isn't stuck with a tax investigation. And will pay the agency if that happens...
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Originally posted by curtis View PostLucy, I challenged them they said no as apparently they tried in the past to do their checks with the umbrella I use (your old one) and they said there was an issue with insurance or something like that and it was a definate no. I'm coming up against this more and more its frustrating.
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Lucy, I challenged them they said no as apparently they tried in the past to do their checks with the umbrella I use (your old one) and they said there was an issue with insurance or something like that and it was a definate no. I'm coming up against this more and more its frustrating.Last edited by curtis; 12 October 2020, 18:04.
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Hi curtis, have they given you a specific list you MUST choose from or made specific requirements for your choice of umbrella ie to be FCSA accredited? I have seen some contractors recently challenge the agency, the agency has then done due diligence on the brolly and allowed them to work with them, just a thought.
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The reason I ask is an agency has just told me I can be signed up to as many umbrella companies as I like no problem and being an agency I did not trust him so thought I would ask!
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Originally posted by curtis View PostCan you work through more than one Umbrella company.? So for example I use one I am happy with but a job comes up with an agency that uses a PSL and I have to use another one for that job, can I stay with the one I like and then join a new one for that role then leave when I finish that job and carry on using the one I like.
Yes, that is fine. You could even be employed by two umbrella companies at the same time, but would have to watch out for the BR tax code.
Thanks
Zeeshan
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Originally posted by curtis View PostCan you work through more than one Umbrella company.? So for example I use one I am happy with but a job comes up with an agency that uses a PSL and I have to use another one for that job, can I stay with the one I like and then join a new one for that role then leave when I finish that job and carry on using the one I like.
But as that isn't an option at the moment there is nothing wrong in moving between umbrella companies and your current one should be able to issue and pass a P45 to your new umbrella company.
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