Oriel Contractors Ltd are experts in the field of contractor payroll solutions and are one of the fastest growing umbrella companies in the UK. Our success is thanks to our commitment to achieving high levels of customer satisfaction through a range of well thought out, practical services and fantastic customer service.

One such service we offer is our Umbrella payroll. If you are a temporary worker then you will be eligible to join our Umbrella company.

With a dedicated team of payroll experts, Oriel Contractors are committed to delivering top level customer service, and will work with you to ensure the most important thing to you - delivering your money accurately, on time and with no hassle. Oriel understands what is important to both contractors and recruitment agencies and the benefits of using our service include:

Maximising your take home pay

Detailed pay reports

A personal point of contact

Market leading tax advice

HMRC Compliance

Accident cover for contractors

Completion of year-end tax forms

No joining or leaving fees

An ‘Umbrella' company is simply the company that you join as an employee through which your wages are paid. The umbrella company is responsible for paying your PAYE tax and NI contributions direct to HMRC. If you join our umbrella company you'll be able to offset your business expenses on a weekly (or monthly) basis; this can give you a major benefit compared with PAYE where no weekly (or monthly) offset is possible.

The umbrella company process

The registration process for umbrella company contractors working through agencies is a simple one. Just email our Contractors team to start the registration process.

If you are unsure of your employment status - employed or self-employed - we offer a quick self-employment test (OSET) that helps you check your employment status. If you qualify as self-employed, the CIS scheme or setting up a PTC might be more tax efficient for you. If you qualify as an employee, then the umbrella option is the appropriate payroll service for you. Self-employed workers can also chose the umbrella service if you prefer.

For each week that you work we collect your approved timesheet, and pay rates direct from your agency. We process your business expense reclaim and timesheet, making payment direct to your bank account on the Friday following your working week. For example, for a timesheet that ends Friday 5th, the payment will be made on Friday 12th. You will be sent a payslip each time we process a payment.

About umbrella company expenses

We will give you all the guidance you need on allowable business expenses, which you can claim through the umbrella company. There's also our specialist tax team on hand to help you with your expense issues.

Umbrella company Insurances

Oriel Umbrella automatically provides public liability cover as well as employer's liability cover to all umbrella workers. In addition, we have added a personal accident policy to cover you whilst you're working.  

The main limits of the cover are:

• Employer's Liability: £10,000,000
• Public Liability: £2,000,000
• Products Liability: £2,000,000
• Personal Accident: £200 per week for up to 52 weeks if an accident at work prevents you from working
• (there is a 2 week deferment period)
• Loss of limbs or eye or total hearing or death whilst working: £50,000

Eligibility to work in the UK

All subcontractors must be able to verify their eligibility to work in the UK. Oriel Associates has adopted the 2004 legislation relating to the prevention of illegal working in the UK. Under Section 8 of the Asylum & Immigration Act 1996 and Race Relations Act 1976, proof of identification must be obtained for each individual. Therefore all registrations must be accompanied by a passport (we recommend you send this by registered post, which we will return by registered post).

If you are unable to provide a passport, please contact our payroll department on 0845 226 1823 to discuss which alternative documentation is suitable as proof of eligibility to work in the UK.

FAQs

Subcontractors are legally required to prove that they are eligible to work in the UK.  All new contractors will need to provide their passport as proof of identity.

If you are unable to provide a passport, please contact our payroll department on 0845 226 1823 to discuss which alternative documentation is acceptable as proof of eligibility to work in the UK.

What is a contractors Umbrella company?

The Umbrella company is simply the company that you join as an employee through which your wages are paid and the Umbrella company is responsible for paying your PAYE tax and NI contributions direct to HMRC.

What are the benefits to contractors of an Umbrella company?

Being paid through an umbrella company allows you to offset business expenses against your income on a weekly (or monthly basis). In this way you can claim tax relief for your business expenses at the earliest opportunity increasing your take home pay.

How does Oriel's Umbrella company work?

Oriel Contractors Limited is an umbrella company to which you become an employee of Oriel Contractors Limited and enables you to claim tax relief on your business expenses. Statutory employee deductions such as NIC and tax will be made from your gross income, as will our processing fee; we will also identify your holiday entitlement on your payslip. We then offset your business related expenses, which you have submitted, against your income to calculate tax relief. Using the Oriel Contractors Umbrella Solution can increase your take home pay compared to being paid through a standard PAYE scheme.

Will I be eligible for holiday pay while working through Oriel Contractor's Umbrella Company?

As an employee of Oriel Contractors you will be eligible for Holiday Pay, SSP and other employee rights.

How much will an umbrella company cost?

The only cost to you will be the weekly processing fee (charged only for the weeks you work), you will not be asked for a joining fee and there is no penalty for leaving us.

How do I let Oriel Contractors know my hours worked?

We will arrange with your agency to get your authorised hours sent straight through to us for payment.  If you are not working through an agency we will arrange to receive your timesheets directly.

How and when do I get paid through an umbrella company?

We process our payroll on the Wednesday following the working week and make your net payment direct into your bank account on the Friday.  I order to meet these deadlines we will need all timesheets by 4 p.m. on the Tuesday and your agency will have to make payment to Oriel Contractor's by the Friday when your payment is made.  If deadlines are missed we have the capability to make special payments but there is a charge for this service.

What benefits do I get from the Umbrella company service?

Oriel Umbrella Service helps make contracting hassle free, within our service we provide:

 

Detailed pay reports

A personal point of contact

Market leading tax advice

Accident cover whilst you are at work

Public and Employers Liability insurance

Oriel contractors will complete you year end tax forms i.e. P60's

Terrific price coupled with great service.