Where to turn with Umbrella issues?

[ChrisTruby]

So you are saying you know umbrellas are dodgy and will try pull their customers pants down so you are wary going with a different one?

Bit of creative licence taken there.

More I did research. Picked one that the agency would allow me to use as they were FCSA approved but am monitoring them to make sure my decision was OK or if it was a mistake.

[northernladuk]

I know I'm very wary of umbrella companies after running my own Ltd for 20 years but for me the way things are there are a lot more options workwise using an umbrella right now.

So you are saying you know umbrellas are dodgy and will try pull their customers pants down so you are wary going with a different one?

[eek]

Lesson learned! That was definitely a mistake. ??

Look at it this way - you've made a mistake and discussed it so hopefully others avoid it.

[ChrisTruby]

Probably worth saying (but I need to work out where) - don't wait for your P45 before processing your first timesheet.

Income tax and be sorted out over time but National insurance uses very short time periods and can't be fixed retrospectively.

Lesson learned! That was definitely a mistake. ??

[ChrisTruby]

Glad you've sorted it

Thank you. ?

Have to say I don't know how you do it. One payslip stumped me and left me scratching my head for days. ?

[eek]

Probably worth saying (but I need to work out where) - don't wait for your P45 before processing your first timesheet.

Income tax and be sorted out over time but National insurance uses very short time periods and can't be fixed retrospectively.

[lucyclarityumbrella]

lucyclarityumbrella I think after a lot of thought I figured it out.

Glad you've sorted it

[ChrisTruby]

OK so my thinking is correct then. I just could not work out how they got their figures. I think I've paid £42 over but as you say it's not the end of the world in the grand scheme of things. It is really understanding how they work things out as I want to keep an eye on it all.

I know I'm very wary of umbrella companies after running my own Ltd for 20 years but for me the way things are there are a lot more options workwise using an umbrella right now.

[eek]

I guess the umbrella company works on 1 timesheet = 1 fee but yes all income received in the same NI period (week / month) will be paid in that period with only that period's NI allowances used.

But if all you've lost is a single weeks allowance it's only about £10 you've lost so not the biggest mistake.

[ChrisTruby]

lucyclarityumbrella I think after a lot of thought I figured it out. Payroll is not something I'm hugely familiar with.

So the umbrella company has bulked my weekly timesheets into one week. As they were submitted in the same week as I was still checking my p45 was correct I was delayed in submission.

They charged me per week their charges but I believe due to them bulking it all into one week I've paid more NI as lost one weeks allowance.

Although am not sure if I'm wrong on this one?!?! Thoughts are very much appreciated!