Making the move to contracting should be an exciting time. In this section there are a a number of guides helpful guides to help you, when you are considering making the move.
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What is PAYE?
In the UK, Pay As You Earn Tax is the system that HMRC uses to collect Income Tax and National Insurance Contributions (NICs) from employees’ pay as it is earned.Read MORE
Umbrella Company Glossary of TermsUmbrella Company – An employment services company that enables contractors to receive payments, without the need of setting up and running their own Limited Company. Timesheet – A timesheet is used to record the number of hours/days worked and is used by both Umbrella Companies and Recruitment Agencies. The Recruitment Agency will need a timesheet Read More... Read MORE
Case Study – Moving from Permanent Work to Contracting
Aerospace and Defense Contractors
A simple guide to moving to working as a contractor in the aerospace sector.Read MORE
Contracting Video Guides
Need to know more about contracting? Contractor Umbrella have compiled some quick video guides to help you understand a little more about contracting in the UK, whether that is through an umbrella company or your own limited company.Read MORE
How does an Umbrella Company calculate my take home pay?
You have, no doubt, seen adverts from Umbrella Companies along the lines of ‘more take home pay’ and ‘take home 85%’; have you ever wondered how they come up with their figures?Read MORE
Why do I have to pay Employers National Insurance?
In permanent employment, it is the company that is liable for the Employer’s National Insurance contribution (NIC), through an umbrella company is no different.Read MORE
How Umbrella Companies work?
Working through an Umbrella Company can seem confusing, so let’s take a look at how the process works from Umbrella Company, to recruitment agency or end client to contractor.Read MORE