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Umbrella contractors and emergency tax codes
Contractors new to an umbrella company can pay more tax than they need to, but this does not have to be the case, as Derek Kelly of Parasol explains.
�ontractor moves from their own limited company to contracting with an umbrella company , they or their accounta� �ttle planning and filing paperwork safely between contracts,” says Kelly, “contractors can start work with th� �of moving between past permanent jobs or to a new contract with a different trading vehicle. This can mean p�
Category:
Articles: Contractor umbrellas companies
| Tue, 03 Feb 2009
Contractor umbrella sector remains healthy despite moves towards consolidation
Contractors concerned about umbrella stability have choices, says Parasol Group’s Rob Crossland, in an exclusive interview with ContractorCalculator.
�nt jobs, to be replaced by contractors new to the contracting business, who are frequently the casualties of re� �. Without these, most end-user clients won’t want contracts with them.” In practice, many agencies have stepp� �s who have to deliver projects,” says Crossland. “Contract periods are shorter and rates are softer as a res�
Category:
News
| Mon, 11 May 2009
Contractors can check their PAYE umbrella company is financially sound – here’s how
Rob Crossland of Parasol explains how contractors can check that their umbrella company is safe to use and won’t leave them out of pocket.
�ell an umbrella company is being run: “If you are contracted to an umbrella company, you are an employee of th� �anisation. That means you must have an employment contract, not just a set of terms and conditions outlining�
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Articles: Contractor umbrellas companies
| Mon, 22 Feb 2010
Contracting sector service providers and recruiters debate the future of umbrellas
ContractorCalculator CEO Dave Chaplin joined contracting sector service providers and recruiters to debate the future of umbrella companies post-AWR.
�ContractorCalculator CEO Dave Chaplin joined contracting sector service providers and recruiters to debate�
Category:
News
| Wed, 30 Mar 2011
What contractors should do if their umbrella company goes bust
Contractors must protect themselves up front and move on if their umbrella company goes bust, say Parasol’s Rob Crossland and ClearSky’s Derek Kelly.
�to exist overnight, and that means all bets, and contracts, are off, as Kelly explains: “Contractors’ employ� �ould take home pretty much the same percentage of contract value. So beware of umbrella companies making ext�
Category:
Articles: Contractor umbrellas companies
| Tue, 02 Aug 2011
Decide between an hourly or daily contract rate and maximise your earnings
There are pros and cons for both hourly and daily rates. Find out what they are here, and choose the one to maximise your earnings.
�When you decide to go contracting and start looking for work you will be asked by r� �recruitment agents and hiring firms "what is your contract rate?" Depending on your industry and how much yo�
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Articles: First timers
| Fri, 11 Nov 2016
7 common questions answered when considering the move to contracting
Find out answers to the most common questions people ask when considering contracting. Learn the hurdles and get started!
�for it then you could read the steps to becoming contracting in another guide: See steps to become a contracto� �mal hours on a contract and take time off between contracts. And you might have flexible working hours, with� �ility? It is very unlikely you will find flexible contract working, in terms of a few days a week or short d�
Category:
Articles: First timers
| Wed, 19 Oct 2016
From permie to contractor to small business owner
Kylie Sullivan is a contractor who has built a small business with more than 60 clients.
�van finally switched from permanent employment to contracting, the usual issues arose. Sullivan was both reliev� �k about how to build their businesses from single contracts to multiple ones. A Good Employee... Kylie Sulliv� �s. ''I’m unlike the contractor who does a 6 month contract at a time, and finding work is not done via agent�
Category:
Articles: First timers
| Fri, 13 Jul 2007
How engineers should start out in contracting
Engineers should get some experience before starting out in contracting, and should also improve their organisational and communication skills.
�While the market for high-technology contracting is stable and growing in almost all areas in the�
Category:
Articles: First timers
| Fri, 25 Apr 2008
Why contractors cannot trade as sole traders
First time contractors often question why they cannot simply trade as a sole trader, rather than setting up a limited company or using an umbrella. This article explains why.
�or work within umbrella limited companies. Direct contracts & the risk of employment status For direct co� �d person, since the very nature of their standard contract implies that you will be in receipt of regular pa�
Category:
Articles: First timers
| Fri, 30 May 2008
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