What Is An Umbrella Company?

At Compare the Umbrella we only use the UK’s Best Umbrella Companies
What is an umbrella company?

An umbrella company is a PAYE payroll administration company that acts as the employer for contractors who work on an assignment basis.  The umbrella company deals with all of the administration regarding payment. This includes invoicing the client and/or agency for payment and calculating the tax and National Insurance contributions of the contractor. The contractor will be paid in weekly or monthly instalments as agreed with their umbrella company. All the contractor has to do is submit their timesheets to the umbrella company on time.

The umbrella company takes care of all the legal requirements of an employer. As an employee of an umbrella company, you are entitled to Statutory Sick Pay, Statutory Maternity Pay, Holiday Pay and a State Pension.

The umbrella company acts as the employer, providing a continuous work history which is great for mortgage and loan applications, as well as providing references.

We are the Umbrella Company Experts

Please give our client liaison team a call on 0161 464 4701 if you have any questions about our umbrella companies.

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What Is An Umbrella Company?

At Compare the Umbrella we only use the UK’s Best Umbrella Companies
What is an umbrella company?

An umbrella company is a PAYE payroll administration company that acts as the employer for contractors who work on an assignment basis.  The umbrella company deals with all of the administration regarding payment. This includes invoicing the client and/or agency for payment and calculating the tax and National Insurance contributions of the contractor. The contractor will be paid in weekly or monthly instalments as agreed with their umbrella company. All the contractor has to do is submit their timesheets to the umbrella company on time.

The umbrella company takes care of all the legal requirements of an employer. As an employee of an umbrella company, you are entitled to Statutory Sick Pay, Statutory Maternity Pay, Holiday Pay and a State Pension.

The umbrella company acts as the employer, providing a continuous work history which is great for mortgage and loan applications, as well as providing references.

We are the Umbrella Company Experts

Please give our client liaison team a call on 0161 464 4701 if you have any questions about our umbrella companies.

We Provide Expert Comparison Services

Read More

The quickest way to get
the best take home pay

Stop losing your hard earned cash!

Fill in your details below and start saving now!

Your information is safe: Privacy Policy