Being paid through an umbrella company is a hassle free way of working via an agency whilst allowing you to potentially maximise your take home pay compared to standard PAYE processing. When you join an umbrella company, you are considered an employed individual and the umbrella company will look after all of your Tax and National Insurance deductions, paying you on a weekly basis following submission of your timesheet to the agency, and any receipted expenses to the umbrella company.
Servoca Resourcing Solutions only work with a small number of umbrella companies who have been selected for the following reasons;
With the recent spate of umbrella companies that have fallen foul of HMRC good practice checks including several that major institutions such as the NHS will not allow any contract workers to be engaged through, it is important that the umbrella companies that our contractors use are considered absolutely minimum risk for the good of clients and contractors alike.
You can Click Here for information from the HMRC on the use of umbrella companies.
Kingston House
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Manchester
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