An umbrella company acts as an employer to contractors who work through recruitment agencies on fixed term assignments. Umbrella companies provide services that enable freelance contractors to have the flexibility of working on different assignments without the administrative burdens of running your own business.
The services of Umbrella Requirements offers you a simple and effective alternative to running your own Limited company – removing the burden of managing the time consuming administrative duties, financial complications and onerous responsibilities of managing your own business. We take care of your invoicing, billing, tax and expenses, allowing you to concentrate on doing what you do best.
Umbrella Requirements provides you with a clearly written expenses policy that fully explains the legitimate business expenses you are able to claim that can be offset against your tax.
Once you have submitted your timesheet to us, we send an invoice to your agency or directly to your client. As soon as we receive the payment we will transfer the funds the same day via Faster Payment Service. We will also send you a text message to let you know that the payment has been made.
Our fee structure is clear and simple with no joining charges or leaving penalties. There are no hidden charges at any stage of the process and you will not be liable for fees when you are not working. Our standard fee structure is fixed so you know exactly what you pay for the services you receive. We charge £25 per week, and as the charge is tax deductible it equates to as little as £16.25!
Yes, we do. By joining Umbrella Requirements your insurance needs will be taken care of through our corporate insurance package; which includes Professional Indemnity, Employers Liability and Public Liability policies. We would be more than happy to provide you with further details of our corporate insurance policies and we would welcome the chance to speak to you about your specific insurance needs.