£10 agency weekly fee?

LittleVoice

dmg24 wrote: »

SCR are an umbrella company.

.... and that means they presumably have a contract with you which says they can make this charge for their services. John324 have a look at the paperwork you have from them and consider the benefits of working through an umbrella company.

john324

Just had a look at the original contract and it does say the contractor has to pay £10 net pay to them. What are the benefits for working for a different umbrella company?

alyth

I can't offer any advice to you OP other than to confirm that a friend of mine is a 360 digger driver and he is deducted money each week for the agency to process his salary - he works through various agencies.

PasturesNew

Brief overview of terms:

Contractor: Self-employed, do all their own accounts/paperwork etc (either themselves or they employ a bookkeeper/accountant). They will set up a Ltd company and comply with all the legislation this involves.

Umbrella: Essentially/mentally self-employed, but a contractor who doesn't want the hassle of setting up a Ltd company will operate by using an umbrella company. An umbrella company acts as a sort of "fake employer", so the worker gets a payslip, holiday pay and a P45 when the job stops, but it's just a way of operating as a contractor that is easier for people who don't plan on contracting for a long time and who don't/can't take advantage of IR35. Usually a person working under an umbrella will have found the job themselves and are using the umbrella company to make the admin easier.

Agency worker: Employed by the agency for the duration of the work. Usually the agency have been out selling/wooing customers and when they get a booking they find an agency worker/"temp" to fill the job.

For some, the lines between the three can seem grey/confusing, but they are three very specific and different ways of working, for different reasons and for different people's working preferences.

1&2 are more for "freelancer" types, contractors.
3 is more for people looking for work as temps.