Using an umbrella company is an alternative to being paid PAYE but your client or agency and is just as safe and legally compliant. It works by you becoming an employee of the umbrella company and receiving all the statutory rights that go with this. In addition to working through an umbrella company, you can also claim any expenses you incur whilst going about your work. This also should improve your take home pay.
An umbrella company is an already established management company that allows you to work under its name. The will remove the threat of IR35 and get rid of your administration. In effect they create more time for you to do the things you want to do, whether that is using the extra time to earn more or just having more quality time.
The key benefits of choosing to use an umbrella company are:
IR35 and MSC compliant
Same day processing for all timesheets received before midday
Freephone number and freepost address
SAME DAY payroll, 5 days a week
Same day payments into your bank account when we receive payment from your client or agency
Dedicated account manager available between 9am and 5.30pm every working day
Childcare Voucher Scheme
SMS message to confirm your pay is on its way
Professional Indemnity insurance of 2 million
Employers' and Public Liability insurance
Competitive rates at just 27.50 per week or 75.00 per month all inclusive
Fixed fee structure with no extra charges, no set up fees or exit penalties
All your contract administration and invoicing undertaken by our highly experienced team
Cloud9 is a reputable umbrella company that provide a full umbrella company service at the UK's lowest fixed weekly fee. You may see competitors advertise an after-tax or net fee but Cloud9 promote their gross fee because it is the same for everyone an easier to understand. Their fee is 27.50 per week or 75.00 per month all inclusive.
Using the umbrella services provided by Cloud9 you will be relieved of the responsibilities of operating your own limited company whilst simultaneously allowing you to enjoy higher remuneration, tax advantages, flexibility, freedom and all the other benefits of being a contractor. The service may even work out cheaper than the costs of operating your own limited company!
Cloud9's umbrella company service is ideal for many Contractors in today's busy market place. Many people do not want to take on the obligations associated with running a Limited Company. Others are either working on a short term contract or need to see cash arriving in their personal bank accounts very quickly. As the umbrella service has no minimum contract length if your contract comes to an end or is terminated early, you are free to leave.
Cloud9 will give you significant cost savings and you are able to go to work secure in the knowledge that your financial and accounting affairs are being taken care of.
Beach Umbrellas Suppliers on https://www.hyumbrella.com/product/umbrella/beach-umbrella/