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Where to turn with Umbrella issues?

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  • ChrisTruby
    replied
    Originally posted by northernladuk View Post

    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. ​​​​​​​​​

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  • northernladuk
    replied
    Originally posted by ChrisTruby View Post
    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?

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  • eek
    replied
    Originally posted by ChrisTruby View Post

    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.

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  • ChrisTruby
    replied
    Originally posted by eek View Post
    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. ??

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  • ChrisTruby
    replied
    Originally posted by lucyclarityumbrella View Post
    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. ?

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  • eek
    replied
    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.

    Leave a comment:


  • lucyclarityumbrella
    replied
    Originally posted by ChrisTruby View Post
    lucyclarityumbrella I think after a lot of thought I figured it out.
    Glad you've sorted it

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  • ChrisTruby
    replied
    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.

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  • eek
    replied
    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.

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  • ChrisTruby
    replied
    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!

    Leave a comment:

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