Featured Umbrella Companies
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Accountax Solutions is offering freelance contractors a standard PAYE umbrella company service. As with most umbrella companies they handle all the paperwork and administration.
If you decide to call them up, rather than register online, you'll get a pleasant enough company sales representative on the phone who will run through their service. They seem to understand the latest legislation and how it affects their contractors. Some of the information was a little light on detail though not enough to cause any alarm.
Accountax don't offer a web portal, which means you'll have to email or fax your timesheets to them.
Accountax Solutions deals with off-setting all legitimate business expenses, deducting NI and Tax, processing end of year tax returns, preparing invoices on your behalf, receiving income from clients or agencies, and forwarding you the correct amount net of PAYE & NI.
This means the money you receive each week is yours to spend without worrying about self-assessment, payments on account and Class 4 NI contributions.
Accountax Solutions provides a PAYE Umbrella solution to contractors who want to keep all the advantages of being a contractor in regards to the flexibility that this offers, yet don't want to have the hassles of running their own limited company.
To work in the UK contracting industries you must have limited company status, our umbrella company service puts you in that status without having to deal with all the paper work.
This service is designed to save you as much tax as legally possible, which will increase your take home pay.
The service you receive will be hassle free, time and cost effective. This will leave plenty of free time to spend your extra money.
If you are a freelancer/contractor our specialist umbrella company service is likely to save you more time and money than anyone else.
The main benefit to a contractor of using a PAYE Accountax Solutions is that you work via an overarching contract. This allows you to offset legitimate business expenses and thereby reduce the amount of PAYE & NI you pay. This is how Umbra Pay will help you to maximise your take home pay.
Another benefit, to a contractor, of using Accountax Solutions will be to also insure you under their public and employer's liability insurance.
As a self-employed contractor your Ltd Company would have to have these insurances in place.
By working through Umbra Pay as against running your own Ltd Company you don't have to file company accounts and annual returns to Companies House each year.
Accountax Solutions provides a safe, simple and compliant method of employment for contractors who do not want the hassle of running their own Limited Company.
Standard PAYE Umbrella Company