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How it works
An
umbrella company allows contractors to gain a contract
without needing to create and operate their own limited
company.
An umbrella company provides the same
legal and tax structure as having your own limited
company except that instead of owning the company
outright you will share ownership or benefits with other
contractors in a similar position. You don’t have to
know or meet the other contractors since your financial
affairs are effectively run as a division of the
umbrella company.
Your services will be provided to your client/agency
through the umbrella company.
You can continue to use the umbrella company when you change contract or restart after a period of not
contracting.
It’s strictly a pay as you go system, no work equals
no fees. There are no hidden costs and no “tie-ins”
At the end of each week you will advise both us and your
agency of hours worked and rates payable and we shall
raise invoices on your behalf. You can provide us
details of your hours through our online timesheet
system.
As soon as we have received settlement of your invoice
we shall initiate a transfer of funds into your personal
bank account.
Funds will therefore be received in your account 3
working days later. There is no need to run a separate
business account, we do this for you.
With a range of packages, the umbrella is a simple
solution giving you greater flexibility.
Simply contact us for advice or a no obligation financial calculation.
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