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Info on Umbrella company

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instant_noodles
Newly Registered
Posts: 25
Joined: Sun Feb 27, 2011 11:49 pm

Info on Umbrella company

Post by instant_noodles » Fri Jul 22, 2011 11:09 pm

Hi,

can someone tell me the basics & what is it, where 2 start etc ?

Btw is it only related to IT ?

gaurav76.5
Member of Standing
Posts: 422
Joined: Thu Jul 21, 2011 12:21 pm

Post by gaurav76.5 » Sun Jul 24, 2011 7:01 am

waht do you exactly want to know...

MPI
Junior Member
Posts: 50
Joined: Thu Feb 17, 2011 10:09 am

Re: Info on Umbrella company

Post by MPI » Tue Jul 26, 2011 12:45 pm

No it's not related to IT only , any contractor can go down the Umbrella road. But there are many pros and cons going with an Umbrella or alternatively you can have your own limited company.

I assume you are Tier1 holder , so overall for us it's less headache when you are with an Umbrella as you will be considered a PAYE employee, but obviously your take home income would be far less .

Just search online and compare umbrellas , there are loads of them offering variety of services. Pick one suits you best

gaurav76.5
Member of Standing
Posts: 422
Joined: Thu Jul 21, 2011 12:21 pm

Post by gaurav76.5 » Tue Jul 26, 2011 3:06 pm

I have my own company..in case if you want to join it..

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