Can I rent a home as a contractor working via an umbrella company

[Willy Win]

I recently started contracting through an umbrella company and am in my second month of a 6 month contract. I currently rent and want to move and rent somewhere else but am worried that I may have a problem being accepted.

I have an excellent credit rating, good relationship with my current...

[chrisnj]

Hi All

I'm due to start a contract in about a months time that's inside IR35 so I need to signup to an Umbrella. Agency I'm using has a PSL and from the great info on this site I've narrowed down to SG Umbrella, Paystream or Contractor Umbrella, all of whom I'm contacting to get quotes...

[jimmy899]

Hello everyone.

I am looking for some advice, if possible.

I have gotten the HMRC letter saying you may be involved in a possible tax avoidance scheme.

However I get my weekly payment all as a single sum and when looking at my payslip tax and NI appear to be correct....

[RajaStyle]

Hi All

Second month with Brookson Umbrella (forced to use by agency) and this month they managed to overpay me by £836 by making the mistake of allocating someone else invoice to me. They amended my second months wage slip and set me up to their Aegon pension scheme and made...

[MonkeyDonkey]

I'm in IT and currently I'm being offered a position in the public sector inside IR35 via an agency and they gave me 2 options (exact wording):

Option 1. An umbrella route whereby you become an employee of the umbrella, with payroll taxes deducted at source.

Option 2. A payroll...

[Mobix]

Hi,

I recently had to switch to an umbrella due to IR35.

I got paid for the first time in the May tax month. I submitted my timesheet for June as normal and my agency sent the money to the umbrella before the 4th of June. This meant that the Umbrella processed the payment...

[gizzmo]

Hi

I'm new to working through an Umbrella - I started an assignment in January of this year - the current contract is for 6 months - straddling 2 tax years.
Prior to starting this role I had taken some time out, so for the tax year 2020/21 I only had 2 monthly salary payments - in...

[gizzmo]

Is anyone else experiencing the below issue with Parasol and AJ Bell SIPP contributions this month?

I joined Parasol on a new contract at the beginning of the year. After the end of month payroll is completed they send you an email a week or two later advising the amount that will be paid...

[ContractorGC]

Umbrella companies deduct employer NI and employee NI from a contractor’s day rate agreed with the hiring manager. Is this fair? Is the umbrella companies just a facade for double NI collection from a contractor’s day rate? Most hiring managers are not even aware that employer’s NI is being paid...

[PK2]

Hi there.

I was unfortunately classified to fall inside IR35 only a month after my start date on this new assignment, so will now have to switch to an Umbrella.

I very much wish to continue working through my PSC, maybe straight after this assignment ends, so planning to keep...

[Ariosa]

Hi everyone,

I've been reading lots of IR35 related threads (I'm still confused) but I would also really appreciate your feedback on my current situation.

I've been with this client since April 2020, renewed once and current contract ends end of coming March. Client has...

[zilla88]

Hey all,

First time poster so apologies in advance if I accidentally break any rules.

I am taking on my first inside IR35 contract in a couple of weeks. As a result I need to chose an umbrella company to go through. I know that there are a lot of 'dodgy' umbrella companies...

[KaiProctor]

Hi,

I have been contracting inside IR35 for a while now. I pay an umbrella company £100 per month for their services (£1200 pa). I was considering going down the limited company route on the basis that I will save approx £1k per annum (£1200 of umbrella fees - £200 of limited company...

[hishok]

Hi Everyone,

The recruitment agency has advised me I can only use three of their recommended umbrella companies as I fall within IR35:

• Giant
• Paystream
• Advance.Online

I have been reading reviews about these companies and many people have had negative experiences...

[ChrisinPL]

I used to contract in the UK through my own Ltd company which is now dormant but could be reactivated quickly. I moved to Poland for the long term 2 years ago and I am considering taking a contract role working remotely for a UK company. However a large number of these contract opportunities call...

[foxyy]

I've recently went contracting through an umbrella, with an initial 4 months contract.
This is to essentially to be extended for another 4 months but with a few weeks gap due to client funding issues.

I salary sacrificed £200 per day into my SIPP which reduced the Employers NI...

[petafin]

Hi,

I used to be a LTD contractor and just moved to IR35. I got my first payslip but I don't understand it. Can someone explains to me those numbers?

The weekly pay is £3825 based on a 5-day week at £765.

The total paid by the client to the umbrella company is...

[rez91]

Hi all, this is my first post, although I am a common reader of these threads as of recently.

I need some help regarding the loan charge...

Firstly, a bit of background... I used to contract between 09/15 - 09/18 and was being paid through an umbrella company who I thought...

[PatPat]

Hi
I'm now contracting inside IR35, through an umbrella company. I want to start contributing to a pension (haven't done this before) and after some research I thought a SIPP with II was the best option.
It now turns out that my umbrella (ICS) say they can make contributions into any SIPP...

[ContractorConsultant]

Hi all, I have searched the forums but haven't been able to find information that will help answer my query, so I hope that you can help.

I had been contracting with my LTD company for the past 10 years in various UK organisations all outside IR35. All was going well but as a result of...

[ethel]

Hi there
I am currently living abroad and I might have the opportunity to do some remote work with UK company but working from Switzerland.
I am very ignorant on this field and I will appreciate any input.
The recruiters told me I will be pay through an umbrella company....so my...

[sabros123]

Hi,

I am a healthcare professional that is very new to the contracting gig. My next assignment is happy for me to be paid via umbrella company, thus presumably saving me some money overall.

A colleague has advised 'Alpha Republic Limited' to help me with this and states...

[ROSS84]

I'm a UK citizen, currently working in a staff position in Spain with a Spanish company.

In a couple of months time, I will be moving back to contracting. I'm looking for advice on whether an Umbrella company or Ltd company is the best route to go down?

Details are:...

[Dib]

Hi contractors, need some advise here:

1) Can I take dividends from a dormant company whilst working for an umbrella?

2) If yes, and I take dividends from my dormant company, what tax rate would I be looking at? Will these these be the usual dividends tax rate of 7.5%, 32.5%...

[steveclv]

Well after 2+ years of doing 'the right thing' and working inside IR35, it looks as though I, and many others, have been shafted.

Just got this from my Umbrella - not their fault at the end of the day but the Government that obviously despises contractors regardless of whether they are...

[mrrossi]

So literally 2 hours before the IR35 reform delay was announced, my client FINALLY made a decision on how they were going to proceed.

They had decided that the role was 'inside' IR35. However, they stated that they would NOT issue an SDS to the agency, they would simply say to the agency...

[Freud]

I have been through the site and seen other similar questions but they don't quite answer mine. Many other PSL questions seem to have included Paystream which is recommended but not on mine.

My PSL list is:

• Nasa Group
• Clipper Contracting
• Crest Plus
• Danbro
• Giant Group
• JMK

...

[mrrossi]

Hi all

Just wanted to clarify something about contract roles via Umbrella's and whether an SDS has to be provided for that role (or any individual contractor).

If a client (post April 6th) decides to engage a contractor via an Umbrella (I'm not saying they necessarily have...

[mowog]

Hi all,

I'm new here, and also new to contracting.

I've been offered a 6 month public-sector contract with what seems to me like a fairly mind-boggling day-rate. I've been told by the recruitment agency that I can either be paid PAYE through them, or go through an umbrella...

[vlc]

Seems to me that it is my choice which Umbrella Contract I work under, no?

[LetterBox]

Thinking on the other side of the fence, if I have a contractor that just walks out the door upon a blanket inside determination and I have to put their contract out to the market as 'umbrella only'. I'd certainly want a 4 week notice period instead of the usual 1 week (maybe 2) either way etc. ...

[esanchezros]

Hi,

My UK Ltd company provides consulting services to my UK based client. They have requested to all contractors to use the CEST tool to assess if we are inside or outside IR35. I recently moved to Spain whilst temporarily (for the next month or so) will carry on working for my UK Ltd...

[eskimalita]

Hi
A broker contacted me and the umbrella he proposes is not registered with the FCSA so that's my first red flag.
I have done some calculations of take home pay as a percentage of gross, giving further red flags.

weekly gross £1435
broker's umbrella deduct £244...

[ftccp2020]

Hello all,
I am sorry, if this has already been answered before.
At the moment I am finishing my contract which is Outside IR35.
The client then offered to all of the contractors in the same team extension of the contract but under umbrella rules.

How HMRC wise...

[ian2013]

Hi,

I have been contracting using my own limited company until now.

I have just been offered a new contract and the client decided that all contracts are now inside IR35 (no exceptions) so I'll have to use their partner umbrella company for this engagement.
...

[Clarkston]

Hi, I am new to this forum.

Post 29th Feb, my client has suggested to have fixed term contract (FTC) than going via umbrella. As per them, it'll be much beneficial than via Umbrella. No detailed calculations/discussion has taken place. I have asked for sample calculations and waiting......

[mrrossi]

Hi all

Is there a difference in the risk of HMRC IR35 investigation after staying on at a client post Apr 20 (switching to an Umbrella at contract renewal on the 2nd March) between the client saying (end of Jan likely) either:

a) they will no longer use PSCs and all contracts...

[FranQ]

Hi,

As you can see this is my first post, so, sorry if this is not the correct place.

First of all, I haven't set up my company yet. I've been offered a job (actually my first job in the UK, I'm an expat) and I can go for PAYE or Limited, but because of April 2020 changes...

[tester_uk]

Hi All,

Apparently my end client has now assessed that my upcoming contract is deemed to be with in IR35 rules.

I have been given the following list of preferred umbrella companies by the end client.

Can some one please let me know your experience/recommendations...

[CubeWizard]

Hello all.
I started a contract just before the end of the tax year, and my earnings for 2018/19 were around £5.5k.
From this, the umbrella company have taken a total of £666 in "Employer Statutory Costs" i.e. employers NI.
A bit of research done on the internet...

[londondeveloper]

TL;DR;
I liquidated my LTD company and went for a permanent position. Unfortunately, it did not work out and I want to go back to contracting, but I can't open a new LTD for 1.5 year. What are my options?

I was a contractor for many years and around 1.5 year ago I decided to try...

[KKas]

Hi all,

First post here, and hopefully unique enough to warrant a separate thread!

I secured a 6-month contract with a gov't department, via Reed Technology.

It's my first contract and inside IR35. Given these facts it seems like using an umbrella company...

[gardener]

Hi Contractors,

Got a sugestion to go through an umbrella "The Optimum Pay Group" for a contract in Belgium. They offer 80% retention. Too good to be legal, looks like. The representative from umbrella said it's because of 183 day rule...

How does that sound to you?...

[sue51]

Hi

Not sure if anyone can advise me, I work on a freelance basis for a few companies, in the middle of which I was offered some agency contract work.

I use an Umbrella as I don't have a Limited company; the work is in 4 hour stints and can vary from nothing in a month...

[whattheheck]

Contractors in the UK,

Since this Forum doesn't seem to blacklist this Umbrella, I am opening this thread to make you aware!

I have just signed up to a new contract, the agency suggested OPUS BESTPAY. I asked to have a bog standard pay arrangement, NI and taxed as usual, plus...

[contractornewb]

Hi,

I've recently finished a regular job, and have now been offered some contract work. It's a decent daily rate, but it'll only be a few days here and there, so there may be weeks when I'm not doing any work, and it might not last that long.

Is an Umbrella Company right...

[LondonContractor101]

Parasol is simply an unprofessional and frustrating company to deal with. When you are in an email chain with them, every email is answered by a new person and is sent as a new email so there is no way to properly keep track of all the emails (and there have been many emails!). When you call them and...

[londongirl7]

I am having an absolute nightmare and need some help! I've been contracting since August 2016 and at the time I was rushed into choosing an umbrella company to use, a friend of mine recommended me Payerise and I blindly just went with them as she told me she had used them years without issue.
...

[Jssakela]

Hello, just wondering if anyone on here could helps me! I'm currently working under an umbrella company who pay me on the 6th of each month. This month I got paid on the 4th so that it falls within this year. Trouble is, I was already paid my normal wage in this tax month, so I've ended up paying a...

[pabs]

Hi All

I have recently been put forward for some contract roles through a recruitment agency. The agency have asked me to inquire about either setting up a limited company or using an umbrella company.

Last night i phoned a company called Compare the Umbrella (comparetheumbrella.co.uk)....