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Umbrella companies: Common questions and issues explained
Contractors like to stay on top of their careers but can be misinformed. Lesley Sweetman from Parasol exposes the top myths about umbrella companies.
�companies like to ensure they are on top of their contracting careers by getting paid on time, claiming all the� �y or the client. It is the umbrella company which contracts with the agency or client and not the contractor.� �months, such as when they have just negotiated a contract extension, that location is reclassified as the c�
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Articles: Contractor umbrellas companies
| Tue, 01 Mar 2011
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�
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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�
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Articles: Contractor umbrellas companies
| Tue, 02 Aug 2011
Contractor umbrella companies and their contractors’ employment rights
Contractors who work through an umbrella company can have the same employment rights as permanent employees, confirms Derek Kelly of Parasol.
�port, stability and benefits that limited company contracting does not, yet giving contractors more flexibility� �increased minimum payments when they are not in a contract and statutory redundancy pay. In return, however,�
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Articles: Contractor umbrellas companies
| Wed, 19 Nov 2008
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�
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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�
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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
Preparing and negotiating a contract renewal - get that pay rise now!
Factors to consider and strategies for maximising your contract rate when your contract is due for renewal. Learn the easy techniques, and earn more!
�Contractors have fixed length contracts with a start and end date. It is common for clien� �ents to ask a contractor to extend their existing contract and continue to supply services for them, either�
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Articles: Contracting
| Thu, 05 Apr 2018
15 tips when renewing your contract
Your current contract is due to finish raising the prospect of a renewal: Do you and the client wish to continue? And if so how can you negotiate effectively to maximise your financial position?
�g power and clients like you. Line up alternative contracts. Applying for other positions gives you a chance� �Your current contract is due to finish raising the prospect of a renewa�
Category:
Articles: Contracting
| Wed, 29 May 2019
What employee benefits do contractors not get?
Here are some of the important differences when comparing the situations of contractors versus permanent employees.
�eeker allowance between jobs Yes No 27 Freedom to contract (status cannot be overruled) Yes No 28 Subsidies:�
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Articles: First timers
| Thu, 30 Jul 2020
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