Viewing What are the Advantages of Using an Umbrella Company? from 6 Limited Company or Umbrella Company - Umbrella Company or Own Limited Company - What is Best for You? Written by Contractor Supermarket

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What are the Advantages of Using an Umbrella Company?

 

If you're a contractor and stop for a minute to consider all the work that's required to set up your own limited company - apart from the cost and the time it takes.

Working through an umbrella company is a breeze.

Ky Smith, Managing Director of GoUmbrella, reveals how easy it is to work through an umbrella company:

"To open an account and start working through an umbrella company couldn't be easier.

The simplest and quickest way is to register online.

One form, then the rest of the work is done by the umbrella company.

Good umbrella companies are quick & efficient"

One big plus of working with an umbrella company is that you get all the benefits of a normal employee. Things like maternity pay, sick pay and holiday pay. So while you get all the benefits of being a contractor you also have the safety net of being an employee.

Once you've done your work you will have a timesheet to complete. This simply is a record of the hours or days that you have completed. Send this to your umbrella company (either by post/email/fax/portal) and it will be processed the same day.

GoUmbrella's Smith continues: "Before you pick an umbrella company to work with make sure you fully understand the company's charges and procedures. Each company has its own little differences and these could be key to your choice."

Once you've chosen an umbrella company to work with you can register directly with them from the site. It's free, secure and quick.

 

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written on2010-08-22 00:13:39

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