There are plenty of unethical umbrella companies on the market advertising 90% pay retention, and it is more important than ever to do your research and conduct the proper due diligence. Our blog answers the age-old question: what deductions should compliant umbrella companies make to a contractor’s pay?
An umbrella company directly employs contractors and freelancers in the UK and offers a simple and straightforward payroll service. When you register with an umbrella company, they will take care of a majority of the administration – leaving you with more time to focus on your work.
If you are new to contracting, prefer a more hands-off approach to payroll, or are inside IR35 legislation, working via an umbrella company can offer the perfect way to get paid. With so many umbrella companies to choose from how do you know which is the right one for you?
To thank the front-line staff who are working tirelessly in their efforts to ensure everyone is looked after during the coronavirus outbreak, Umbrella Company UK would like to offer all emergency services and NHS staff free umbrella payroll.