• 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!

Genuine but not FCSA Umbrella Companies

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    Originally posted by eek View Post

    Owner - I suspect they aren't big enough to have a business development manager.
    Are you saying I can't trust LinkedIn any more?

    Next you'll be telling me that you're not Vice-Admiral Eek DBE
    …Maybe we ain’t that young anymore

    Comment


      #12
      Originally posted by WTFH View Post

      Are you saying I can't trust LinkedIn any more?

      Next you'll be telling me that you're not Vice-Admiral Eek DBE
      He's not - very lax in updating his profile following his promotion to Grand Overseer

      Comment


        #13
        I first found Umbrellawork Ltd which appeared genuine when I found them on the net. They were also local to Manchester so I felt that I was supporting a local business. They offered services dealing with taxes in compliance with HMRC guidance. Circa 40 to 50-% of my income as tax which sounded correct.

        After onboarding which was quick and easy, I then spent the next 2 weeks failing to contact anyone from Umbrellaworx over the phone (just getting through to a telephone answering receptionist company, but never a call back from Umbrellaworx). I obviously was not going to use a company that I was unable to contact to manage my income. I then decided to do a companies house search on them and found that they were less that 2 years old with some directors outside of the UK. This made me even more nervous.

        After a further week of emailing to ask them to remove me from their system, they then contacted me back advised they were having problems with their computer systems. They apologised . To attempt to keep me they then offered me low tax (less than 15% of income) rates as an incentive. Suffice it to say I ran in the opposite direction and did not use them! Everyone knows that HMRC offers no discounts!

        What annoyed me the most was that the HMRC sent me a 'How to spot Tax Avoidance' letter which referred specifically to Umbrellaworx 2 weeks back! I definitely dodged a bullet by not using them!

        I went with SG Umbrella in the end.
        Last edited by cojak; 16 November 2021, 11:36. Reason: My bolding of a very interesting statement.

        Comment


          #14
          Thanks for the update GT Monster.
          "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
          - Voltaire/Benjamin Franklin/Anne Frank...

          Comment


            #15
            Originally posted by cojak View Post
            Well I’d watch them if I were you. They are only 18 months old and as of today are already late with their accounts.

            https://find-and-update.company-info...mpany/12462309


            That's a big red flag right there. I’d find another umbrella if I were you.
            Oh I see, well I have been with them for quite a few months now and everything has been carried out smoothly so far, no disappointments here! But I appreciate the heads up, thanks.

            Comment


              #16
              Originally posted by tabs1212 View Post

              Oh I see, well I have been with them for quite a few months now and everything has been carried out smoothly so far, no disappointments here! But I appreciate the heads up, thanks.
              Everything is always OK when it's going smoothly. It's when it doesn't you are in trouble.
              'CUK forum personality of 2011 - Winner - Yes really!!!!

              Comment


                #17
                Originally posted by tabs1212 View Post

                Oh I see, well I have been with them for quite a few months now and everything has been carried out smoothly so far, no disappointments here! But I appreciate the heads up, thanks.
                Well you would, since you're not a contractor using them, are you?

                Oh, and I would kick your finance person up the bum, your accounts still haven't been filed...
                "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                - Voltaire/Benjamin Franklin/Anne Frank...

                Comment


                  #18
                  Originally posted by tabs1212 View Post

                  Oh I see, well I have been with them for quite a few months now and everything has been carried out smoothly so far, no disappointments here! But I appreciate the heads up, thanks.
                  One thing worth doing is logging into the HMRC web site and checking that they are declaring the correct amount of tax for you. If they are, then its more likely just genuine new company taking advantage of the increasing number of people now looking for an Umbrella.

                  Comment


                    #19
                    Originally posted by tabs1212 View Post

                    Hello GT Monster, I'm aware that I am commenting nine months later and you've probably already found an umbrella company but I would recommend Ovations Umbrella. You should definitely contact them if you're still searching.
                    I do hope that you've left this company - they are about to be struck off at Companies House.

                    OVATIONS UMBRELLA LIMITED overview - Find and update company information - GOV.UK (company-information.service.gov.uk)

                    The London Gazette entry here:
                    11 Jan 2022 First Gazette notice for compulsory strike-off
                    This document is being processed and will be available in 10 days.
                    .
                    Any money you've got in there will probably be lost.

                    And since they are Professional Passport accredited I would take that accreditation with a pinch of salt as well...
                    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                    - Voltaire/Benjamin Franklin/Anne Frank...

                    Comment


                      #20
                      Nice catch. I doubt we'll be seeing tabs1212 again

                      Comment

                      Working...
                      X