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Parasol PAYE umbrella company
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Umbrella Company Guides
This section explains how umbrella companies work, how to compare umbrella providers, and how to choose the best umbrella company for you.
Also try our growing directory of umbrella company providers.
Latest Umbrella Company Guides
Umbrella company workers and the temporary workplace rules
Why ensuring that a workplace is deemed temporary is essential in determining whether umbrella company workers can claim travel and subsistence expenses.
(Aug 19, 2010 in Umbrella Companies )
Directory of contractor umbrella companies
A directory of some of the leading IT contractor umbrella companies in the UK. How to choose an umbrella company.
(Aug 5, 2010 in Umbrella Companies )
Umbrella company National Minimum Wage loophole to be closed
The Government is to amend legislation to prevent some umbrella companies from exploiting National Minimum Wage rules.
(Aug 4, 2010 in Umbrella Companies )
How to choose the right umbrella for you
Some tips from Rob Crossland on how to decide which of the hundreds of umbrella service providers out there is the right one for you.
(Jun 9, 2010 in Umbrella Companies )
Contracting via an umbrella company - advantages and disadvantages
We look at the pros and cons of contracting via an umbrella company - seen by many as the "hassle free" solution.
(May 18, 2010 in Umbrella Companies )
How to change umbrella companies
What steps you should take if you want to switch umbrella companies. How to choose a new scheme, and what potential pitfalls you may encounter during the switching process.
(May 11, 2010 in Umbrella Companies )
Top tips for choosing a contractor service provider
Top tips on what to look for in a good contractor service provider - both umbrella companies and accountants, from FCSA Chairman Stuart Davis.
(May 4, 2010 in Umbrella Companies )
How to choose the best umbrella company - 15 tips
If you're decided to work via an umbrella company, you will be faced with a bewildering choice of providers. Here are 15 essential tips to help choose the best scheme for your needs.
(Mar 2, 2010 in Umbrella Companies )
PAYE umbrella companies - how net pay is calculated
We look at how net pay is calculated for PAYE umbrella company employees, following deductions for income tax, national insurance, and expenses.
(Feb 25, 2010 in Umbrella Companies )
Umbrella companies and retaining contractors' funds
What risks do contractors take by letting their service providers keep funds aside to meet future tax liabilities?
(Feb 18, 2010 in Umbrella Companies )
The main financial risks faced by umbrella companies
We look at the two main threats to the stability of an umbrella company - an HMRC enquiry, and using client monies to fund business growth.
(Feb 18, 2010 in Umbrella Companies )
Compare umbrella companies - umbrella company reviews
With competition between umbrella schemes stronger then ever, can online umbrella comparison services help contractors choose a suitable provider?
(Jan 4, 2010 in Umbrella Companies )
Comparing umbrella company charges - gross and net of tax
Umbrella schemes may advertise their weekly or monthly charges net of tax. How to find out how much you will actually pay, depending on your personal tax status.
(Oct 11, 2009 in Umbrella Companies )
How can I find umbrella company reviews?
Before choosing a contractor umbrella company, you are likely to seek feedback and read reviews on companies in your shortlist. But how do you access this information?
(Sep 25, 2009 in Umbrella Companies )
Contractor umbrella companies - questions you need to ask
Before you sign up to a contractor umbrella service, there are a number of questions you should ask prospective scheme providers.
(Sep 22, 2009 in Umbrella Companies )
Which is the best umbrella company for you to use?
With hundreds of umbrella companies operating in the UK, new contractors may find it difficult to choose the best one to sign up to. Here are some factors you should consider before joining a PAYE umbrella scheme.
(Sep 17, 2009 in Umbrella Companies )
How does a PAYE umbrella company work?
How does a PAYE umbrella company scheme work in practice? We look at the steps from signing up, to submitting your timesheets, getting paid, and how expenses are dealt with.
(Aug 25, 2009 in Umbrella Companies )
HMRC continues to investigate umbrella companies over expenses dispensations
HMRC continues to investigate umbrella companies and other businesses who may be breaking the law in the way they reimburse travel and subsistence expenses to their 'workers'.
(Aug 7, 2009 in Umbrella Companies )
How to join a contractor umbrella company scheme
We look at the series of steps you will need to take when joining a contractor umbrella scheme.
(Jul 27, 2009 in Umbrella Companies )
How contractor umbrella companies operate
We outline the typical steps you will follow as an umbrella company employee - from joining a scheme, to submitting timesheets, expenses claims, and getting paid.
(Jul 2, 2009 in Umbrella Companies )
Contractor umbrella company fees - how much to pay
Many contractors consider price to be a key factor when choosing an umbrella company. We look at the typical fees charged by umbrella schemes, and why you should look at additional factors before signing up.
(Jun 16, 2009 in Umbrella Companies )
New subsistence rates for umbrella company contractors
HMRC has announced new 'benchmark scale rates' for subsistence expense claims from employees who travel away from their normal workplace.
(Apr 15, 2009 in Umbrella Companies )
Umbrella company contractor expenses
One of the first things umbrella contractors ask is - what can they claim for on expenses? The truth and 'mistruths' about reclaiming contractor expenses.
(Mar 16, 2009 in Umbrella Companies )
Contractor umbrella companies and expenses dispensations
Some contractor umbrella companies claim to have special expenses 'dispensations' from HMRC. We explain why such claims are often misleading and why contractors can only ever claim for expenses they have actually incurred solely for business purposes.
(Feb 2, 2009 in Umbrella Companies )
Contractor group warns over umbrella company expenses
The leading contractor representative group has called on the Government not to take "heavy-handed action" which would result in the removal of tax relief on expenses.
(Oct 9, 2008 in Umbrella Companies )
Contractor expenses - could the Government be about to score an own goal?
One IT contractor news site suggests that the Government could be about to score a spectacular own goal with its plan to attack contractor expenses.
(Aug 7, 2008 in Umbrella Companies )
Umbrella company travel expenses - SPA to take key role
The Service Providers Association intends to take a key role in the forthcoming consultation on travel expenses for umbrella company contractors.
(Aug 4, 2008 in Umbrella Companies )
Accountant warns over umbrella company expenses
Umbrella company contractors who claim for expenses that they have not incurred or embellish their expense claims need to be very careful, warns a leading IT contractor accountancy firm.
(Jul 29, 2008 in Umbrella Companies )
Further reaction to HMRC umbrella travel expenses consultation
A specialist law firm said his week that HMRC's consultation on "agency workers" travel expenses marks the beginning of another phase in the government's review of the agency sector
(Jul 23, 2008 in Umbrella Companies )
Umbrella company travel expenses - HMRC consultation begins
HMRC has started its consultation process looking at travel expenses paid to temporary workers - as originally announced in the 2008 budget. Essential reading for anyone using a contractor umbrella company.
(Jul 23, 2008 in Umbrella Companies )
Some contractor umbrella companies misleading over expense dispensations
Contractor umbrella company operators who imply they can secure higher than normal expense dispensations are misleading contractors, says a industry expert.
(Apr 23, 2008 in Umbrella Companies )
What is an IT contractor umbrella company?
What are contractor umbrella companies, how they operate, and how to go about choosing a reputable umbrella company.
(Apr 2, 2008 in Umbrella Companies )
IT Contractor umbrella company expenses claim tips
IT Contractors a can alleviate financial stresses by maximising their income and making the most of their work expenses, advises a contractor umbrella provider.
(Feb 26, 2008 in Umbrella Companies )
PCG - cautious welcome to HMRC rogue umbrella company clampdown
The PCG has said that it is cautiously pleased to see that HMRC have announced its intention to clamp down on rogue contractor umbrella companies.
(Feb 19, 2008 in Umbrella Companies )
HMRC cracks down on contractor umbrella scheme dispensations
HMRC have waged war on contractor umbrella companies who have been abusing dispensations.
(Feb 14, 2008 in Umbrella Companies )
Contractor Umbrella receives Sunday Times award
An IT Contractor Umbrella Company has been ranked in the Sunday Times Top 100 List for sales growth.
(Dec 3, 2007 in Umbrella Companies )
How to compare umbrella companies
If you're looking to compare umbrella companies, a new site has launched which could help you choose the best umbrella company for your needs.
(Nov 23, 2007 in Umbrella Companies )
Contractor umbrella company wins industry award
One of the UK's leading contractor umbrella companies has won a major industry acolade.
(Nov 22, 2007 in Umbrella Companies )
IT contractors - limited or umbrella company?
We look at the two main business structures IT contractors use - setting up their own limited company, or using a contractor umbrella company.
(Jun 19, 2007 in Umbrella Companies )
