Umbrella Company Calculator is a free-to-use tool for temporary workers in the UK. We’ve heard that some umbrella companies deliberately inflate illustrations to trick people into registering with them. We don’t like this at all. Therefore, we had the idea of creating an umbrella company calculator that is as accurate as possible.
Powered by the team at umbrellacompanies.org.uk, Umbrella Company Calculator is ready for you to use now. Please click here to use the tool, or keep reading for more information.
When you register with an umbrella company, you are entitled to holiday pay, but it is often an area that causes a lot of confusion. Continue reading as we explain how holiday pay works through an umbrella company, including how it is calculated and paid to umbrella company employees.
From the 6th April 2022, National Insurance for employees and employers will increase by 1.25% to help fund health and social care. Continue reading as our article outlines the new Health and Social Care Levy and how it will impact contractors working via an umbrella company.
Key Information Documents (KID) were introduced on the 6th April 2020 to provide a breakdown of the deductions that temporary workers will see to their pay and provide essential information regarding their assignments. Continue reading as our article outlines what information should be included in a KID and who should give it to you.
It is a legal requirement for umbrella companies to provide and enrol their employees in a workplace pension scheme as an employer. Continue reading as we give an overview of how pensions work when contracting through an umbrella company and how to opt-out if you do not want to continue with the pension contributions.
Contractors receiving their first umbrella company payslip can sometimes find it challenging to understand how their pay has been calculated and what deductions have been made. This guide explains how an umbrella company payslip is generated and the tax deductions you can expect to see.
If you’re required to use an umbrella company for your payroll, it’s understandable that you may decide to shop around and choose the umbrella company that offers the highest take home pay retention. However, as we’ll explain in this article, all umbrella companies (the compliant ones) will process your payroll identically, and your retention between providers shouldn’t vary. However, there…
