What is an Umbrella Company

An umbrella company is simply a ready-made ready-to-go limited company that contractors and temporary workers make use of while working.

An umbrella company is the hassle free alternative to

1. Setting up and managing your own limited company
2. Working directly for a recruitment agency

There are no long-term commitments when using an umbrella company. An umbrella company is specifically designed for use only when you are working. You only pay for an umbrella company service when you are working.

Your Own Back-Office Support

When you use an umbrella company there's none of the stresses of constant form-filling & paperwork that comes with running a limited company, nor the financial penalties of working directly through a recruitment agency.

An umbrella company gives you all the upsides like expert professional guidance, inclusive insurances and limited company status. An umbrella company is a sophisticted administration service specifically designed for today's busy contractors.

Why Oh Why?

Why on earth would anyone want to fill in a raft of complex and detailed forms every month when there are umbrella companies out there who will do it for you? Umbrella companies are the professionals let them do what you hate to do - paperwork!"

Why Should Temporary Workers and Contractors use an Umbrella Company?

1. Takes just minutes to register with an umbrella company - online or telephone
2. An umbrella company is the hassle free way to work
3. Paperwork & administration chores are not your strength

Benefits of Using an Umbrella Company

You get limited company status with an umbrella company, so your client's recruitment policy is met. You get the legal status of an 'employee' when using an umbrella company - so perks like, sick pay and maternity pay.

An umbrella company is the alternative to setting up your own limited company and hiring a fully trained & qualified personal assistant, who does absolutely everything for you. An umbrella company is your back office.

What Does an Umbrella Company do?

1. Ttakes responsibility for all paperwork & legal burdens
2. Raises invoices in the correct & proper way
3. Makes sure your money is paid on time with no delays
4. Calculates the right amount of tax

The better umbrella company services even remind their contractors, if & when, the contractor needs to do anything. Fees vary greatly from one to another. The good news is that your umbrella company fee is an allowable business expense, so if the gross fee is, say, £100 you only pay about £75 after tax.