Umbrella Payroll Service

Umbrella companies provide contractors with full employment rights, all statutory benefits; ultimately, a contractor is an employee of its chosen umbrella company. You, as the employer, may ask contractors to use an umbrella organisation if the role is deemed inside IR35.

When would this be the best option?

• Role’s are determined “inside” but you still need the flexibility of a contractor

• When mass determinations are made by organisations

Benefits

• Removes IR35 risks

• Full tax and NI taken care of

• Maintains flexibility

Considerations

• Limits skills pool as not all contractors are willing to do this

• Costs are typically higher that other IR35 solutions

• Is the Umbrella company FCSA accredited?