5 Umbrella company paperwork

Umbrella Company Paperwork

Details of the paperwork, and red-tape, a contractor will face when using an umbrella company. If you choose to set up and manage your own limited company, you will have far more administration to complete than if you  choose to use an umbrella company.

An umbrella company does all the paperwork for you

An umbrella company takes care of all the hassles

An umbrella company is your back-office

• What is an Umbrella Company?
• Umbrella Company and Admin
• An Umbrella Company is your Back-Office
• Why an Umbrella Company is Good News for Contractors
• What does an Umbrella Company do?
• Top Contractor Questions
• Umbrella Company: Did You Know?
• Is an Umbrella Company the best option?
• Quick Guide to Umbrella Company Paperwork
• Umbrella Companies have the Answers

Here at Simplify we know it's a "mine field" for contractors in regards to payments of tax and NI, end of year tax returns, not to mention ensuring that your contract is IR35 compliant.

There is so much conflicting advice and new jargon to learn that it is difficult to know where to start.

All this on top of having a new contracting opportunity to get your teeth into

This is where Simplify's PAYE Umbrella solution can help

Simplify Umbrella is a PAYE Umbrella Company that enables you to focus on being a contractor whilst we make sure that we legitimately maximise your take home pay!

Who are Simplify?

If ever there was a subject which confuses first time contractors, it is the question of whether it is better to use an Umbrella Company or to run your own Ltd Company.

With 12 years experience of running payroll and 10 years in recruitment between us, Vicky and I know that a PAYE Umbrella Company can be portrayed as an over complicated way to maximise a contractor’s pay, which is actually very simple and very beneficial.

We asked ourselves why make something simple seem more complicated, and so we set up Simplify Umbrella to be different.

Simple, honest, expert advice. If you're going to use an Umbrella Company it's really important you understand what we do because it is your hard earned cash that we are dealing with. You'll speak to friendly, professional people, who not only know their stuff, but can also explain things in a way that non HMRC experts understand!

Same day payments at no extra cost. Your money is paid into your bank on the same day that we receive it from your agency.

Some Umbrella Companies charge a percentage of your gross as the admin fee. Actually, it takes the same amount of work if you earn £2000 pw as if you earn £500 pw, so why should you be penalised if you earn more. We decided that we will charge a fixed fee of just £15 pw with no hidden extras.