Originally posted by bikeman
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Holiday/sick pay, hours offered etc
Collapse
X
-
-
That doesn't sound like good business for themOriginally posted by lucycontractorumbrella View PostNope - legally it must come from the brolly!Comment
-
It isn't but it is lawOriginally posted by bikeman View PostThat doesn't sound like good business for them
Comment
-
Just been having a chat with Crystal Umbrella and they seem to have the same practice. They deduct 14.3% of the contract rate with no employers NI tax allowances included \ allowed for (13.8% NI + 0.5% levy on total amount). When I asked for more details the response was:
"Your additional required cost is 14.3% - this is for employers NI, sick pay, paternity pay and includes the levy for apprenticeship Levy. If you don’t go sick then you are not due anything back – just the same as a normal employee."
I'm still talking to a couple of others, including contractor umbrella, but the additional costs (on top of admin costs) are not very clear from any of them; it is just a lump sum that includes Employers NI and apprenticeship levy but when I calculate that amount, it is always less than the additional costs I am being quoted.
Contractor Umbrella did say they would get more details to me this week so hopefully they will come through.Comment
-
These should be with you now, if you don't receive them for any reason then please give me a shoutOriginally posted by questions View PostContractor Umbrella did say they would get more details to me this week so hopefully they will come through.
Comment
-
Thanks Lucy - all received and very clear. Hopefully I'll be on your books soon.Originally posted by lucycontractorumbrella View PostThese should be with you now, if you don't receive them for any reason then please give me a shout
Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment