As a professional contractor, it is fair to assume that you want to keep as much of your hard-earned pay as possible. However, it is important to understand that every UK based and compliant umbrella company will make the same deductions to your salary (tax, National Insurance, etc.) apart from their margin (which will vary amongst providers). If you’re looking for a cheap umbrella company, try and identify a provider that has a low weekly/monthly margin for you to use their service and provides additional benefits on top.
All UK based and compliant umbrella companies will provide you with a similar service – paying you via PAYE and sending your tax and NICs to HMRC on your behalf. However, not every umbrella company will charge the same margin for you to use their service. In simple terms, the lower the umbrella company margin, the cheaper the umbrella company is for you to use.
Umbrella Company UK provides contractors with exceptional value for money and to find out our best margin, please give us a call on 01707 669023 or use the contact form on this page.
You can find out more information about your pay retention when using an umbrella company here.
Some umbrella companies will provide you with PAYE and nothing else. Others will include additional benefits to their service to provide you with added value and more reasons to register with them over a competitor. Umbrella Company UK will provide you with compliant and reliable PAYE payroll, as well as a host of additional extras to ensure the service you get from us is like no other.
Umbrella Company UK is a leading umbrella company that helps hundreds of contractors get paid on time, every time. When you register with us, you’ll be able to benefit from more than just PAYE payroll. You will also get:
- £25 million insurance cover – for free.
- Employee Benefits, including Sick, Holiday, Maternity and Paternity Pay.
- Same Day Faster Payments – meaning you’ll be paid on time, every time.
- Notifications via SMS to confirm your pay has been processed.
You can find out more about the advantages of choosing Umbrella Company UK as your umbrella payroll provider here.
If you’re already using an umbrella company, the chances are you’re not getting a service as good as the one you would get from us! However – don’t worry, switching to Umbrella Company UK is incredibly easy. Get in contact with us to day and we’ll talk you though the straightforward transfer process. We can have you set up on our payroll on the same day!