take home pay Archives | Umbrella Companies

take home pay

Why do umbrella company illustrations differ between providers

Why do umbrella company illustrations differ between providers?

Before registering with an umbrella company, requesting a tailored take-home pay calculation to compare projected weekly or monthly earnings between different providers is a good idea. Our latest article explains why umbrella company illustrations differ between providers and what to look out for when comparing umbrella company calculations. Tax code …

Why do umbrella company illustrations differ between providers? » Read the full story

How much money will I earn when I work via an umbrella company

How much money will I earn when I work via an umbrella company?

Receiving your first payment from an umbrella company can often be confusing, especially if you are new to contracting or have previously worked via a limited company. Before registering with an umbrella company, contractors usually ask: “How much money will I earn when I work via an umbrella company?”. Our …

How much money will I earn when I work via an umbrella company? » Read the full story

Try the free and comprehensive umbrella company calculator built by Payslip Buddy

Try the free and comprehensive umbrella company calculator built by Payslip Buddy

Payslip Buddy, an AI-powered umbrella payslip auditing software, has released a free and comprehensive umbrella company calculator, and we recommend our readers check it out. Please keep reading for more information, including a calculator link and some screenshots highlighting its features. An overview of the Payslip Buddy umbrella company calculator …

Try the free and comprehensive umbrella company calculator built by Payslip Buddy » Read the full story

Your Umbrella Company Does Not Decide How Much You Are Deducted HMRC Does

Your Umbrella Company Does Not Decide How Much You Are Deducted – HMRC Does

Time and time again we hear “why is my umbrella taking so much of my money” or “my pay is too low through this umbrella, I want to find out what I can get through another one”. Sadly this is a misunderstanding, and tax avoidance schemes are to blame. They …

Your Umbrella Company Does Not Decide How Much You Are Deducted – HMRC Does » Read the full story

How to shop around for an umbrella company deal

How to properly shop around for an umbrella company deal

Everyone likes a bargain! As a result, you should absolutely look for an attractive deal from an umbrella company. After all – the umbrella market is pretty competitive due to the rising number of providers. And as a result, there are some super offers out there! Keep reading and we’ll …

How to properly shop around for an umbrella company deal » Read the full story

What is a tax avoidance scheme?

How to spot a tax avoidance scheme, and why you should never use one

To put it bluntly – tax avoidance schemes are evil. They trick you into thinking paying less tax is fine and they’ll help you retain more of your hard-earned money. But what they fail to mention is the fact that if you engage with one, you’ll more than likely face …

How to spot a tax avoidance scheme, and why you should never use one » Read the full story

What is a Key Information Document?

What is a Key Information Document?

Under new employment legislation, recruitment agencies will present contractors and agency workers with a Key Information Document before a contract is signed or agreed. The Key Information Document will give you a realistic take home pay projection and outline the deductions you can expect to see to your pay. The …

What is a Key Information Document? » Read the full story

Scroll to Top