Can anyone please help with an opinion on Umbrella Companies? Are they recommended? or Should I stay away? Thanks Andy
Replies8
- @Andy WinterWas just joking about the link. I personally have never worked with an Umbrella - but have worked with plenty of third-party vendors who facilitate as if an Umbrella, just less formal a relationship. I am now very curious to learn and understand more.
- I would stay away if I could. They're expensive, often taking a massive proportion, and you end up paying the employer's NI as well as your own employee NI. However with IR35 coming into play properly this year it might be the only way you can work freelance for some companies. Can you go the Ltd Co route instead though?
- @Matthew McGuinness thanks Matthew
- @Tom Warne thanks Tom I'll have a
- @Matthew McGuinness Hi, I was researching into it for freelance expenses.
- Hi Andy, I recently signed up with an Umbrella company for the first time to do some freelance work and found it a good experience. Some are better than others, so definitely worth doing some research. I signed up with Nasa: https://www.nasagroup.co.uk/ and they were good.Hope this helps!
- Are you setting up an Umbrella company to handle yourexpensesor are you working with or for an umbrella company, servicing a client of yours?
- Hello Andy, These guys are great!https://www.james-smith.co.uk/
You must sign up or log in before you
add a comment.