An umbrella company allows temporary contractors and freelancers to work multiple assignments through multiple agencies, whilst having a single employer.
Being paid through an umbrella company can have many benefits, from ensuring a consistency of PAYE tax deductions, to building a solid employment history whilst providing total peace of mind. This continuity of employment and financial stability for the worker can often lead to improved success with mortgage and other credit applications.
As Accountancy Partners become the employer, you can relax knowing there is no risk the worker, agency or hirer. We take full responsibility for paying contractors a salary, providing full comprehensive PL & PI insurance along with paying all tax and national insurance liabilities to HMRC every week.
We know that there are lots of Umbrella Companies out there, and it can be a minefield to choose the one for you. As the calculations from one Umbrella Company to another should always be the same, it is important to select an Umbrella Company that has some additional benefits for you and operates in a honest and ethical way. Call Accountancy Partners today to understand how our service sets us apart from our competitors.