Umbrella Companies
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Forum: Umbrella Companies

All about umbrella companies.

  1. Sticky Thread Sticky: Should I trade as a Limited Company, umbrella or composite

    Hi everyone, Can't help but notice that there are many posts on here that ask the same question - should I use an umbrella or my own Ltd Company. Thought it might be useful to summarise once and for all the pros and cons of each method and how much you would be likely to take home. Might save...

    Started by simondolan, 10th May 2006 11:10
    18 Pages
    1 2 3 ... 18
    • Replies: 176
    • Views: 172,963
    Today 11:49 Go to last post
  2. Sticky Thread Sticky: READ ME before choosing your umbrella

    Read this first before picking up the phone. Guidance (on) Providers of Tax Avoidance Schemes (POTAS) And read this as well 10 things you need to know about tax avoidance Be aware that by using a legitimate umbrella that will pay the expected amount of tax and NI, you will receive...

    Started by cojak, 7th July 2017 08:57
    2 Pages
    1 2
    • Replies: 13
    • Views: 3,682
    20th November 2017 09:59 Go to last post
  3. Sticky Thread Sticky: Is there an umbrella company where you can choose your pension and other benefits?

    Public sector contract - considering a brolly but would like to choose what's included. Any suggestions?

    Started by GDL, 26th January 2017 13:00
    2 Pages
    1 2
    • Replies: 18
    • Views: 6,080
    29th September 2017 12:25 Go to last post
  4. Sticky Thread Sticky: Why am I paying Employers NI?

    OK so I get asked this question over and over and it appears that some companies still cease to explain things properly to contractors leaving them disgruntled when they see their first payslip, so let me explain the situation in simple terms for any newbies... So what you need to be aware of is...

    Started by lucycontractorumbrella, 9th August 2017 15:21
    • Replies: 7
    • Views: 2,070
    13th September 2017 15:33 Go to last post
  5. Sticky Thread Sticky: Umbrella calculations and why they differ!

    In recent months we have seen more and more enquiries from contractors looking to work via an umbrella company, and querying why we cannot offer them a higher take home :tired so I thought I would put this small guide together to help you understand what might be going on So first of all...

    Started by lucycontractorumbrella, 31st January 2017 14:23
    2 Pages
    1 2
    • Replies: 11
    • Views: 12,772
    2nd February 2017 11:29 Go to last post
  6. Sticky Thread Sticky: Don't be fooled by imposter umbrella companies

    I've decided to repost this following a couple of sad posts regarding HMRC Enquiries on umbrellas that were not what they seemed. As the latest umbrella company (Compusource) hits the buffers with contractor's money, I thought I'd remind people what 'due diligence' is all about. It's all...

    Started by cojak, 12th April 2014 14:20
    • Replies: 2
    • Views: 4,416
    12th December 2016 21:51 Go to last post
  7. Sticky Thread Sticky: Everything you ever wanted to know about umbrella companies but were afraid to ask...

    There have been so many questions by new contractors about umbrella companies and the way that they work that I thought I would put together a help guide. Hopefully it will answer most of the questions that crop up: All umbrella companies will process your payments through PAYE (Pay As You Earn)...

    Started by LisaContractorUmbrella, 23rd October 2006 13:58
    9 Pages
    1 2 3 ... 9
    • Replies: 80
    • Views: 82,844
    30th April 2016 14:33 Go to last post
  8. Sticky Thread Sticky: Umbrella companies 'expenses policy' changed

    We have had a great deal of enquiries lately about umbrella companies 'expenses policies' changing so I thought I would offer a little clarification. Umbrella companies do not really have an 'expenses policy' as they can only process those expenses that will be allowed under HMR&C guidelines,...

    Started by LisaContractorUmbrella, 8th August 2012 12:26
    2 Pages
    1 2
    • Replies: 10
    • Views: 13,290
    16th August 2012 07:02 Go to last post
  9. Sticky Thread Sticky: Dispensations

    Hi Everyone, We are asked about umbrella company dispensations almost every day so I thought I would add something here to try and help clarify the situation. All umbrella companies have dispensations - if we didn't we would spend all our time filling in forms for the Inland Revenue :( ...

    Started by LisaContractorUmbrella, 29th November 2006 16:56
    5 Pages
    1 2 3 ... 5
    • Replies: 47
    • Views: 61,530
    14th June 2012 07:58 Go to last post
  1. Umbrella Company Benefits

    Just looking for some constructive engagement here..... I am the MD of Intelligent Umbrella, I am looking at the possibility of offering health insurance as part of our standard weekly/monthly charge. Is this something that would be of interest to you guys as contractors or do you think that the...

    Started by iumbrella, 2nd February 2012 16:44
    • Replies: 9
    • Views: 1,411
    3rd February 2012 13:42 Go to last post
  2. Question Umbrella expenses for conference / training

    When contracting through an umbrella company, in accordance with HMRC, can you claim expenses for conferences? I have read that any training course expenses have to be relative to the current contract. Is that true? How does that apply to conferences? How strict is the relevance to your...

    Started by flurdness, 30th January 2012 19:11
    conference, expense, umbrella
    • Replies: 6
    • Views: 2,100
    2nd February 2012 07:35 Go to last post
  3. Umbrella company payslip and year end statement

    I am planning to go contracting, and have not dealt with Umbrella companies before.I need the following information to ensure my contracting is compliant with UK border agency norms:- 1.)How does a contractor payslip look compared to a permie one?i.e.,What are the deductions besides employer's and...

    Started by Sid, 18th January 2012 16:05
    • Replies: 5
    • Views: 1,689
    30th January 2012 15:03 Go to last post
  4. reliable umbrella companies ???

    I have had enough of my Umbrella company <snip> ballsing up my invoices . Im fairly new to contracting ( 7 months in ) but even i know they are taking the piss. most recently i requested one invoice be raised for one of my agencys and they split it down into 2 so they can charge me per invoice...

    Started by bradhilt, 30th December 2011 15:12
    2 Pages
    1 2
    • Replies: 19
    • Views: 4,085
    25th January 2012 10:50 Go to last post
  5. Offshore Umbrella Co

    I've had a few sales calls from an 'offshore umbrella' company who claim can yield 90% take home. The gist seems to be taking tax free dividends in some shape or form but the salesperson very vague. Anyone had any similar calls? All sounds too dodgy.

    Started by NervousRexx, 4th November 2011 10:16
    7 Pages
    1 2 3 ... 7
    • Replies: 66
    • Views: 13,213
    24th January 2012 14:52 Go to last post
  6. Who was voted best Umbrella company by CUK in 2011 please?

    Anyone know?

    Started by northernladuk, 11th January 2012 18:47
    • Replies: 4
    • Views: 2,984
    13th January 2012 15:31 Go to last post
  7. Contracting in Finland. Please help

    I live in UK but just got a job offer in Finland for 12 months. please recommend Umbrella company for my contract in Finland Thank you stwpt

    Started by stwpt, 20th December 2011 18:25
    • Replies: 1
    • Views: 1,633
    30th December 2011 23:13 Go to last post
  8. Parasol = Thats a lot of deductions!

    Hi All I have recieved my payslip from Parasol and the deductions show: Employee nationl insurance = 300.96 PAYE income tax = 497.20 Previous pay this period = 681.98!!! The 681.98 is what I earned in October (started the last week in oct)

    Started by AnnaO, 5th December 2011 11:57
    7 Pages
    1 2 3 ... 7
    brolly rip-off, parasol, umbrella company
    • Replies: 60
    • Views: 17,132
    28th December 2011 20:26 Go to last post
  9. Business Expenses

    A quick question I'm hoping someone will be able to provide clarification. Currently I'm working under an umbrella company that doesn't allow me to claim on items such as laptops and office equipment. If I switch to a limited company within this tax year could I claim for the items purchased...

    Started by Shivers, 21st December 2011 07:05
    • Replies: 8
    • Views: 1,525
    21st December 2011 14:07 Go to last post
  10. variable rate contract and umbrella companies

    I've been offered a new contract which is atypical in as much as the work is piece-meal and the amount paid will vary according to the piece of work. Therefore, I will not have a fixed hourly or day-rate. I have used umbrella companies in the past so was planning on doing so again, but have been...

    Started by berkleyn, 19th December 2011 18:08
    2 Pages
    1 2
    • Replies: 19
    • Views: 2,269
    20th December 2011 23:41 Go to last post
  11. Help - understanding a Umbrella Company

    I am quite new to contracting but i am little bit confused. I have been with an umbrella company for almost a year. I need to apply for a mortgage and the bank have requated that i provide net and gross figures for the year. she said i would normally get these from my accountant. Would the...

    Started by Nick1953, 8th December 2011 10:21
    • Replies: 3
    • Views: 1,445
    8th December 2011 13:42 Go to last post
  12. JSA in Watford - what are they like now for the Umbrella & Ltd Company approach?

    I am just about to (or should I say, " I have to", due to redundancy!) get back into the contracting market after the last 15yrs in permie employment. The last time I was a contractor was 92-96, and, at least for most of that time, I used JSA as my umbrella company and I was pretty happy with...

    Started by jeallen01, 19th November 2011 18:56
    • Replies: 1
    • Views: 2,934
    20th November 2011 22:30 Go to last post
  13. Choice of Umbrella Company

    Hi Guys, Need some advice. I am working with a company right now and they are not letting me work under my Own Limited Copany or through a Umbrella Company of my choice. I can only work for them through an umbrella Company called : OrangeGenie, who charges about 110/month for their...

    Started by loinguy, 10th November 2011 15:26
    • Replies: 3
    • Views: 1,684
    10th November 2011 15:45 Go to last post
  14. AWR - pay between assignments

    Hi everyone I am looking at starting a short term contract of 6 weeks quite soon and have spoken to a couple of umbrella companies who have given me conflicting advice, unless, I have misunderstood them. Please can anyone clarify that I will be entitled to 4 weeks pay between assignments if...

    Started by Technofobe, 8th November 2011 16:52
    • Replies: 3
    • Views: 2,241
    9th November 2011 11:49 Go to last post
  15. HMRC Compliance Check Worries

    Hi Folks Hope you can help. I am under random compliance check. I am working for a large uk company through an agency via a payroll company. HMRC are doing a compliancy check on me. I have been claiming my travel expenses as per the usual rules (at least I thought) HMRC are telling me that...

    Started by norush, 1st November 2011 21:22
    3 Pages
    1 2 3
    • Replies: 25
    • Views: 8,148
    8th November 2011 18:59 Go to last post
  16. Question Agency overpaying umbrella

    Hi, I'm actually posting this on behalf of a friend "I was overpaid by Project People months ago. I questioned my umbrella company at the time and they said everything was fine. Now the agency has contacted my Umbrella company for the money back. Do you know what I can do?? I can't afford to...

    Started by chineseJohn, 8th November 2011 10:18
    • Replies: 4
    • Views: 1,513
    8th November 2011 16:23 Go to last post
  17. EMI Share Allocation Umbrella

    I have a friend who is inside IR35 and therefore cannot go the Ltd Company route... his new contract starts on Monday. I thought his only option would be to go to an umbrella company. But he has had a quote from someone offering an EMI Share Options umbrella solution... HMRC has this to say:...

    Started by JamLol, 4th November 2011 15:16
    emi share allocation, loan
    • Replies: 0
    • Views: 1,430
    4th November 2011 15:16 Go to last post
  18. Umbrella company - not able to see contract - and terms change

    Hi. I just wanted to describe a situation that I have found myself in and to check if anyone else has had a similar experience. I recently moved from one agency to another whilst still working for the same client and through the same umbrella company. I had numerous discussions with the...

    Started by chrisk, 22nd September 2011 13:19
    • Replies: 7
    • Views: 1,810
    11th October 2011 07:51 Go to last post
  19. Tax Solution

    I have been contacted by a number of companies offering a Tax Solution. The deal is that you join a Limited Liability Partnership. Your earnings get paid into the LLP; you take out a salary of 14,500 per year, and the rest you draw off the LLp as a loan, making it non-taxable. You retain 82% of...

    Started by Scotty1000, 4th October 2011 18:00
    • Replies: 3
    • Views: 1,493
    6th October 2011 09:16 Go to last post
  20. Is permanent job with an umbrella company while on teir 4 (student visa) illegal?

    -I have a contract (not permanent) job with an end client -I am getting my payroll done through an umbrella company -The contract with the umbrella company mentions I am a full time permanent employee with the umbrella company - Right now I am on a student visa, but I will not start working...

    Started by Infoseeker, 22nd September 2011 17:33
    • Replies: 3
    • Views: 2,738
    23rd September 2011 12:16 Go to last post

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