Umbrella Companies
Umbrella Companies
Welcome to our directory of umbrella companies. We have provided a list of the top umbrella companies due to demand from candidates. All of the established umbrella companies below can provide specialist contractor financial advice.
To find out more information about the umbrella companies listed here and the services they provide simply click on the links or banners below:
ContractorUmbrella has become the first and currently only Umbrella Company to be confirmed by KPMG as fully compliant with all relevant HMRC regulations including the MSC legislation
planIT Solutions is one of the UK's fully audited, compliant and friendly Umbrella companies run by Chartered Accountants, where we ensure you get the best legitimate return for your money, and see you are paid correctly and on-time.
In the UK, an umbrella company acts as an employer to independent contractors. Umbrella companies tend to be used by those on short-term contracts in between permanent roles or by those long-term contractors who do not want the added workload of running their own Limited Company.
Umbrella Companies issue invoices on your behalf (usually after you have completed the timesheets), collect money due from the client or agency and, calculate taxes and NI due on the payment and then pay the rest to you. Umbrella companies therefore can ensure that you spend minimal time calculating your salary and tax.
The main advantages of using an umbrella company include:
- Avoids the time of running a limited company.
- There is no need to be involved with running a spreadsheet, VAT returns, payroll matters, company accounts, taxation, etc.
- For short term contractors, a main advantage is not having to go through the process of forming a company and then arranging for it to be dissolved.
To find out more information about the individual recommended Umbrella companies in our Umbrella Companies directory, please do click on the links above
Additionally you can read more about how Umbrella Companies operate.
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