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Reply to: Umbrella Reviews/Recomendadtions
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Previously on "Umbrella Reviews/Recomendadtions"
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I am also considering Danbro. I used their accouncy service and I was quite happy. They seem very responsive now, and they are quite transparent in their illustrations. If I don't like it later on and need to switch, I will probably go for paystream because of referral award and Google reviews are looking good, although some People werent satisfied with their service, but comments in cuk seems bit out of date.
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Orange Genie.. I am satisfied with their answers. Okay I am going to signup with them this week. Anyone here already with them to use for the referral bonus ?
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Originally posted by northernladuk View PostBut have you checked their pension offerings?
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Originally posted by Smartie View PostI spoke to Paystream this week. They told me that they did not process expenses and these had to be claimed at the end of the contract with HMRC via a P87 form. Other umbrellas have indicated that expenses can be processed and that can include their margin at approx £1000/yr.
They will pay into a personal SIPP with the major companies at a charge of £5 per week after tax - this is higher than many other umbrellas. They also allow carry-forward of unused pension contributions.
They don't offer medical insurance cover unlike some other umbrellas.
Analysis is ongoing.
Cant think of any expenses that I'd need, but Ill bear this in mind before I sign up
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Originally posted by Monkeypower View PostHi Snarf. You may wish to check with trafalgar to see do the give any other benefits.
I've been given Danbro (which somebody mentioned trafalgar is part of their group) as one of my brellue options, their margin is competitive but they also give basic BUPA cover as part of their margin.
They do do salary sacrifice and into ones own Sipp at no extra charge.
I found paystream the same as you and charge extra (£6 pw) for salary sacrifice option.
They're a much smaller outfit so possibly more personal service, but less responsive. Analysis is ongoing.
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Hi Snarf. You may wish to check with trafalgar to see do the give any other benefits.
I've been given Danbro (which somebody mentioned trafalgar is part of their group) as one of my brellue options, their margin is competitive but they also give basic BUPA cover as part of their margin.
They do do salary sacrifice and into ones own Sipp at no extra charge.
I found paystream the same as you and charge extra (£6 pw) for salary sacrifice option.
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Originally posted by Smartie View PostI spoke to Paystream this week. They told me that they did not process expenses and these had to be claimed at the end of the contract with HMRC via a P87 form. Other umbrellas have indicated that expenses can be processed and that can include their margin at approx £1000/yr.
They will pay into a personal SIPP with the major companies at a charge of £5 per week after tax - this is higher than many other umbrellas. They also allow carry-forward of unused pension contributions.
They don't offer medical insurance cover unlike some other umbrellas.
Analysis is ongoing.
Leave a comment:
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Paystream
I spoke to Paystream this week. They told me that they did not process expenses and these had to be claimed at the end of the contract with HMRC via a P87 form. Other umbrellas have indicated that expenses can be processed and that can include their margin at approx £1000/yr.
They will pay into a personal SIPP with the major companies at a charge of £5 per week after tax - this is higher than many other umbrellas. They also allow carry-forward of unused pension contributions.
They don't offer medical insurance cover unlike some other umbrellas.
Analysis is ongoing.
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Originally posted by Snarf View PostThanks all.
From chats I've had with them all today there isn't much in it between them and as no one came forward with any horror stories I'm a bit happier that they're all going to be ok.
Might just toss a coin a few times to pick one now
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Thanks all.
From chats I've had with them all today there isn't much in it between them and as no one came forward with any horror stories I'm a bit happier that they're all going to be ok.
Might just toss a coin a few times to pick one now
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Originally posted by Acme Thunderer View PostExpenses are for client business travel e.g. sent to remote site by client. The same kind of thing an employee would claim for.
My client only pays expenses net of VAT, so the brolly has to give me the expenses part of the VAT or else I'm out of pocket. They have a copy of my expenses so know how much VAT should be paid to me. I only get back what I paid
I was talking very much about how an umbrella employee will handle an invoice and why it was obvious to me as to what happened.
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Originally posted by eek View PostI suspect the umbrella read the wrong figure and didn't get it..
Probably because the very first thing you tell someone working at an umbrella and looking at an invoice to work out what figure goes into the gross income figure is "always, always, always ignore VAT"
My client only pays expenses net of VAT, so the brolly has to give me the expenses part of the VAT or else I'm out of pocket. They have a copy of my expenses so know how much VAT should be paid to me. I only get back what I paid
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Originally posted by luxCon View PostThe title of the thread says "Umbrella Reviews/Recomendadtions", So sounds like the perfect thread for the poster's question
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Originally posted by luxCon View PostThe title of the thread says "Umbrella Reviews/Recomendadtions", So sounds like the perfect thread for the poster's question
While if the person created a thread asking about Liquid Friday it's just about possible someone is going to see the question and respond.
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