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Umbrella companies/contract work
martyp
Posts: 1,106 Forumite
Hi all,
I'm looking for work and considering doing work on a contract which I know nothing about doing...(I've worked permanent and temp and that was all easy).
I know that you use an 'umbrella company' and the agency told me it was easy to set up but I'm not sure if I should be selective on using an unbrella company or if they assign me one without any choice? Do they take different amounts of money from you or something?
Please can someone explain as I'm worried I'll choose the wrong one and loose more of my weekly pay because of it or something...
I'm looking for work and considering doing work on a contract which I know nothing about doing...(I've worked permanent and temp and that was all easy).
I know that you use an 'umbrella company' and the agency told me it was easy to set up but I'm not sure if I should be selective on using an unbrella company or if they assign me one without any choice? Do they take different amounts of money from you or something?
Please can someone explain as I'm worried I'll choose the wrong one and loose more of my weekly pay because of it or something...
0
Comments
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Hiya
An umbrella company basically means they pay you your wages with tax and NI deducted. They then bill the company you work for.
Meaning no need to file accounts. They do charge for their service though (the one we use charge £12 a week).
I can reccommend a great one if you PM me.
Bozo0 -
It's all a scam so the employment agency can save money on their wage bill by not having to pay employers NI or holiday pay.Conor
Unstoppable.....0
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