Tag Archives: Umbrella companies

Umbrella companies

All Umbrella Companies charge fees to cover their administration costs and of course they need to make a profit out of providing the service. Fees will vary between different Umbrella Companies, but generally will be either fixed weekly / monthly charges or a percentage of the gross invoice value. You should make sure that the fee you

are quoted is the gross fee and not after higher rate tax relief, as this may not reflect your personal circumstances. Are there any hidden charges? i.e. joining or leaving fees or expenses processing fees and are you charged while you are not working?

After you have gone through the process of understanding your requirements and finding the
umbrella company that best fits what you are looking for from the service the next step is
to actually join the company itself and begin woking as a contractor under their support. In
this article we have tried to address the key steps in the process:

Umbrella companies