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.email@example.com.
Advice on Choosing an Umbrella CompanyWhen choosing an Umbrella Company, it’s vital to consider the following: Compliance. This is the big one! Umbrella companies are employers and all must calculate your pay in the same way. If they’re promising 80% or more take-home pay, they’re probably taking liberties with your payment calculations. Although it’s tempting in the short-term, using a Read More... Read MORE
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.Read MORE
Contractor 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.Read MORE
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!Read MORE
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.Read MORE
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.Read MORE