Umbrella Company Advice

Sometimes umbrella employment through an umbrella company may be the right choice for you. Often this is the case if your daily rate is under £100 a day, you might be only considering contracting for a few months or your contract is inside IR35 and your agency or client have requested you work this way.

Whatever your reason, in this section there is a number of helpful resources to guide you through umbrella employment. We also introduce you to our sister umbrella company, the multi award wining Contractor Umbrella.

If you would like to appoint Dolan Accountancy as your accountants, please visit our become a client page or if you have any questions about contracting please call us on 01442 795100 or email Jaime.thorpe@dolanaccountancy.com.

The pages

Limited vs Umbrella

As a contractor, you’ll likely have heard a lot about both Limited companies and Umbrella companies. There’s plenty of conflicting information out there and it can be difficult to make an informed decision about the best option for you.

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How does an Umbrella Company Work?

An Umbrella Company is the first step many freelancers take into the world of contracting. It’s a different structure to permanent employment and with the new terminology, it can be confusing when you first start. This guide aims to demystify the workings of an Umbrella Company and explain it without the jargon!

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Umbrella Company Take Home Pay Calculator

As a contractor, your take-home pay is the most important thing to you. You want to know how much you will get in your pocket at the end of the week or month, and that you won’t fall foul of HMRC.

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Limited and Umbrella Take Home Pay

Operating through an Umbrella company or as Director of your own Limited company is one of the first choices any professional contractor will make. This article will focus on what you can expect out of your take-home pay between the two options.

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Permanent to Contracting using an Umbrella Company

When moving from permanent employment to contract work, an Umbrella Company is often the first step a freelancer will take. After all, it is easy to set up with an Umbrella, there is no commitment and your week-to-week administration will be minimal.

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Advice on Choosing an Umbrella Company

There are many Umbrella Companies on the market and they are not all created equal. With such a large number to choose from, it’s important you do your research and make a well-informed choice to make sure your contracting experience is as straightforward as possible. When vetting an Umbrella Company, it’s vital to consider the Read More...

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