0345 557 1287
Office Hours: 9am to 5.30pm
0345 557 1287
Office Hours: 9am to 5.30pm

The Advantages of using a PAYE Umbrella Company

If you have made the decision that working through a limited company is not the right option for you, working through a PAYE umbrella company may be an alternative worth considering.

The basic principle of an umbrella company is relatively simple. A contractor becomes an employee of the umbrella company, the umbrella company calculates and deducts the required PAYE and National Insurance contributions and then pays you your salary.

How this benefits you

There are a number of benefits associated with contracting through a PAYE Umbrella Company that make it a hassle free and desirable option, including;

  • Freedom from the administrative burden of working through a limited company. By contracting through an umbrella company, you won’t need to deal with accountants, HMRC or companies house.
  • Umbrella companies take care of invoicing and processing your payroll, so you can focus on your work rather than chasing payments.
  • Enjoy the flexibility of working on multiple assignments whilst maintaining continuity of employment through a large organisation.
  • As an employee of an Umbrella company you’re eligible to claim back business expenses that you may not otherwise have been able to claim provided you can prove you are outside of the Direction, Supervision and Control (SDC) of your clients.
  • Umbrella companies provide access to employee benefits such as sick pay, maternity/paternity leave, holiday or redundancy pay.

Working through an umbrella company is essentially the best of both worlds, allowing contractors the freedom and flexibility of self-employment with the benefits of being employed.

We at One Click Group provide a range of umbrella services for contractors and freelancers. We pride ourselves on our personal approach and we would be happy to chat though your options to make sure you are confident in your decision.

If you have any additional questions or would like to learn more, please contact us today.

Offshore vs Onshore intermediaries

Any of us are easily tempted by the chance to get more, particularly when it comes to money. It is this natural temptation that attracts many contractors and freelancers to do things that if they were thinking logically, they would never dream of doing.

Read More

Channel 4 Dispatches’ investigation into umbrella companies: our response

An episode of the Channel 4 documentary series “Dispatches” broadcast on Monday 19th January 2015 featured what was described as an investigation into umbrella companies. Unfortunately, the documentary did not show how the vast majority of compliant umbrella companies work for the benefit of many thousands of highly skilled workers across the UK – instead it showed how some companies can take advantage of complicated mechanisms to avoid certain parts of employment law and minimum wage legislation.

Read More

Recent Tweets