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: 178
    • Views: 173,246
    13th December 2017 09:51 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: 3,740
    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: 6,109
    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: 2,101
    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: 12,855
    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: 4,435
    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: 82,914
    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: 13,308
    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: 61,562
    14th June 2012 07:58 Go to last post
  1. where will Umbrella Companies go in 2011??

    David Dean, FPS Group chairman, says: "2011 will be one of incredible transformation for the umbrella company sector" SIMON Last-Sutton has been appointed managing director for the FPS group - part of the Ramsey based Charterhouse Group International. Why ? what happened to the previous MD??

    Started by Freelancer, 17th January 2011 16:36
    • Replies: 0
    • Views: 1,793
    17th January 2011 16:36 Go to last post
  2. Seriously out of pocket

    Hi all I would appreciate some advice. In September this year I accepted the offer of a contract with a financial services company via a recruitment agent. Having finally realised that working PAYE was costing me a fortune I decided to use an umbrella company. The agency's contract form...

    Started by Gladiatrix, 22nd December 2010 11:33
    • Replies: 6
    • Views: 1,707
    23rd December 2010 09:06 Go to last post
  3. Banks no longer accept umbrella companies

    I heard that in the last few months many banks are refusing to take on contractors who are working through an umbrella companies, two contractors I know had huge issues with the bank they are working with already as they were told the bank is not willing to deal with their umbrella company,...

    Started by zamzummim, 11th December 2010 02:17
    • Replies: 5
    • Views: 2,861
    15th December 2010 09:59 Go to last post
  4. Triangular employment contracts

    Nobody seems to have covered this problem If you take up work via an umbrella agency to a client (Belgium for example) and dont have your own Ltd company for invoicing etc, who is your employer ? You cannot be classed as an independant (even if contract states this from umbrella) because you...

    Started by compaid, 13th December 2010 01:29
    • Replies: 1
    • Views: 1,585
    13th December 2010 08:18 Go to last post
  5. Anyone with Halcyon Management?

    Hi.. I'm considering to use Halcyon Management as my umbrella company. Has anyone been using their services? Any feedback is greatly appreciated. Cheers, Mike.

    Started by mike2345, 26th November 2010 01:24
    • Replies: 1
    • Views: 2,562
    26th November 2010 09:53 Go to last post
  6. Umbrella Companies - Am I Getting Conned?

    Hi all, Im new here so please be gentle to me :laugh I have been working as a contractor for 3 months and im about to have another 3 months added. When i started i was told by my agency that i could only go with 4 umbrella companies on their books. All 4 of them charge a high weekly rate...

    Started by Bat, 5th October 2010 09:20
    companies, umbrella
    • Replies: 6
    • Views: 3,062
    25th November 2010 12:53 Go to last post
  7. Umbrella recommendations

    I recently closed down my LTD. However, unexpectedly I am finding myself back in the contracting world for a short term. Does anyone have recommendations for a good umbrella company? I am looking for good service, quick response times, do not dawdle with payments and as little NI and Tax...

    Started by Pops, 30th July 2010 19:00
    2 Pages
    1 2
    • Replies: 12
    • Views: 4,625
    25th November 2010 11:10 Go to last post
  8. Weekly pay

    Hi, new to this forum, and been contracting for the last 2 years. I recently took a new contract through an agency that pays monthly. I really hate monthly pay, and find it a struggle to get used to. Does anyone know if there are umbrella companies who will pay me weekly even though my agency...

    Started by rollonfriday, 17th August 2010 19:52
    • Replies: 3
    • Views: 2,181
    9th September 2010 16:32 Go to last post
  9. Bad payers!

    I am now on my third contract - using the same Umbrella Co. Previously been fine, now they have made mistake after mistake and I have been paid late on 4 out of 11 weeks. Each time, it has been me that has to chase around to sort out their error. Am I allowed to name them here and ask for...

    Started by Shotto, 3rd September 2010 10:17
    • Replies: 2
    • Views: 2,364
    9th September 2010 16:26 Go to last post
  10. Maximising take home

    Hello all, I have been following this forum for a while as I’m about to undertake a Job in overseas in Norway and as such will be operating via an umbrella company. They have done a few illustrations for me, which is great but there is something fundamental that I cant understand in the...

    Started by kobestarr, 6th September 2010 10:58
    • Replies: 6
    • Views: 2,653
    8th September 2010 13:56 Go to last post
  11. Umbrella Companies

    Hi folks, I am new here and would like some tips from people who aren't novice in this area. I recently started working as a contractor, and the recruitment agency that got me the role recommended an umbrella company they claimed to have a good relationship with. As I had to commence...

    Started by clone5, 4th August 2010 23:58
    umbrella company
    • Replies: 4
    • Views: 4,101
    6th August 2010 10:37 Go to last post
  12. Anyone heard of Templar Management?

    Hello Fellow Contractors! Ref: Templar Management The account manager of my agency called me up for a "friendly-catch-up-just-to-see-how-it's-going" and he specifically recommended them. It's a Guernsey PAYE setup apparently, I'm awaiting more info but just wondered if anyone had looked into...

    Started by kontractor, 30th July 2010 14:30
    2 Pages
    1 2
    payroll solutions, templar, templar management
    • Replies: 10
    • Views: 3,965
    3rd August 2010 13:48 Go to last post
  13. self employed umbrella company

    Dear Moderator, I would like to throw this out for discussion if possible as it seems it is a hot topic…… The self-employed umbrella proposition rests on an alternative interpretation of the IR35 section “provision of personal services through an intermediary company”. The driver of...

    Started by peterreddyhoff, 28th April 2010 10:29
    • Replies: 4
    • Views: 4,153
    3rd August 2010 13:30 Go to last post
  14. Agency worker regulations

    Hi, I was hoping that someone could help me. I am contracting and an using an umbrella company called JMK which suits me well. However a couple other contractors keep hearing about changes to the AWR from October? and I just want know if anyone knows how this could affect me being paid through an...

    Started by kayt22, 5th July 2010 10:42
    • Replies: 2
    • Views: 2,032
    14th July 2010 15:30 Go to last post
  15. Question Springboard Umbrella or Ltd company??

    Has anyone used this company before? I'm a first time contractor and don't think I'll have time or be able to set up my limited company and get VAT regsitered before Monday! I need to return umbrella or Ltd company with VAT details to the hirer on Monday for a 4 month gig. This firm seems to offer...

    Started by CaptainChaos, 11th June 2010 20:07
    first timer, ltd company, springboard, umbrella company
    • Replies: 6
    • Views: 4,652
    16th June 2010 18:48 Go to last post
  16. SMP and Umbrella Companies

    Hi there, Got a technical query on Umbrella companies and payment of SMP. On a standard working week any wage payment is subject to a deduction of Tax together with Employee and Employer NI. When SMP is paid is the calculation the same for these statutory deductions or would the SMP be...

    Started by bass1999, 8th June 2010 15:46
    • Replies: 4
    • Views: 2,640
    9th June 2010 17:22 Go to last post
  17. Sombrilla Umbrella - dodgy calculation needs help!

    Hi, I have enquired with Sombrilla a calculation of how much money i can take home, as I need to join an umbrella company. There calculations, seem weird to me as it doesnt account for NMW. It works out at £5.48 instead of the £5.80. Could someone help me to understand this better? My rate...

    Started by MalaveCare, 4th June 2010 11:00
    • Replies: 3
    • Views: 1,966
    4th June 2010 14:54 Go to last post
  18. Question One quick question

    I am new to contracting I was advised to check how many payrolls umbrella company runs .. How does it matter to me ? Does this mean that if my umbrella runs 1 payroll a week on Mondays, if agent pays umbrella Tuesday, I need to wait until next Monday to get my payment ?? Does it also...

    Started by askhnking, 27th May 2010 10:59
    2 Pages
    1 2
    umbrella payroll
    • Replies: 10
    • Views: 2,385
    2nd June 2010 12:47 Go to last post
  19. dodgy umbrella company

    ive been with <mod>co name removed</mod> for 1 1/2 years i made less money whilst using their services compared to <mod>co name removed</mod> and now that i said i want to leave they have decided not to pay me the outstanding money they owe me which is a few thousand pounds which has gone missing...

    Started by jonjr007, 2nd June 2010 11:27
    • Replies: 0
    • Views: 2,508
    2nd June 2010 11:27 Go to last post
  20. Choosing an Umbrella - new to contracting

    Hi there, i am new to contracting and am looking for an Umbrella solution. I have come across Parasol (PCG offers their umbrella service in association with Parasol), PayScheme+, Carrington Umbrella to name a few. Do you have any recommendation or advice?

    Started by Byte, 31st July 2009 06:09
    3 Pages
    1 2 3
    • Replies: 20
    • Views: 19,532
    13th August 2009 12:24 Go to last post

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