Your complete PAYE Umbrella Company Solution

The GoUmbrella PAYE Umbrella Company solution is best suited to contractors who want the benefits and advantages of contracting but do not want the burden of running and maintaining their own limited company. Whether your contractors use an umbrella company or not, I am sure you will know how time consuming and costly operating a PAYE scheme for your contractors can be. This is where GoUmbrella come in. GoUmbrella will save both you and your contractor’s time and money. Your contractors will not need to set up their own Limited Company, open company bank accounts, apply for VAT, consult with an Accountant or register for self assessment with HMRC.

We charge a fixed fee. Unlike some Umbrella Companies that may charge your contractors a percentage of their income. This of course is good news for your contractors as it means that if their earnings increase our fee doesn't.
  
GoUmbrella works with clients and with recruitment agencies like yours to ensure that contractors are taken care of, not only maximising their take home pay (where legitimately possible) but also operating in a safe, efficient and fully compliant manner. We have implemented stringent procedures to protect the interests of both the agency and the employee and follow the ever changing trends in legislation and ensure that our practices and formal paperwork are up to date at all times.

Why GoUmbrella?

• GoUmbrella is a PAYE Umbrella Company
• ALL income is fully taxed at source
• There are NO Managed Service Company (MSC) worries
• We remove the risk of any employment related issues providing clear Employment status
• We are specialists in the provision of tax efficient payroll solutions.
• We provide a safe, fast, and reliable HMRC audited payroll service
• We save you time dealing with payroll queries and the costs of running your own payroll
• Our payroll is run daily ensuring prompt payment to your contractors
• There are no tie ins or financial penalties for leaving
• Comprehensive Employee Benefits Package
• Contractors can administer their time and expenses via our online portal
• Staff are at hand Monday to Friday 9am-5.30pm to answer any questions and queries
• All employees are covered by a comprehensive range of Insurance cover as standard
• Our administration overheads are the most competive in the Umbrella market place

Comfort Factor

• The contractors that use our Umbrella are not Shareholders or Directors of the company
• We do not remunerate the employees via dividends or loan payments
• Full Employment Status for the contractor via an overarching contract of employment
• Listed on many top agency preferred and approved supplier lists
• All tax and class 1 NIC’s are paid at source
• There are no IR35 or MSC concerns
• GoUmbrella does not set up and/or administer PSC’s for contractors and are not affiliated with any third party companies, trusts or depreciating foreign currency scheme providers, so you can rest assured knowing that the third party debt transfer liability legislation will not have any impact on our working relationship or indeed that of your clients

Compliance

HMRC conducted a compliance audit of our company in 2008. The outcome was positive and HMRC were satisfied with our records and processes. Written confirmation from HMRC is available upon request

We review all contracts and perform an appraisal of each employees circumstances following registration of their details. Our Contract appraisal process ensures that we reduce any potential tax liabilities for the agency, particularly in respect of employment status, implied or otherwise.

We ensure that the terms of the 24 month and FTA rules are adhered to at all times. We believe we are one of only a few Compliant Umbrella Companies following these areas of legislation by the letter of the law, thus truly safeguarding your contractor’s tax status.

We do NOT use our dispensation as a sales tool unlike some unscrupulous Umbrella Companies

VIP - Variable Incentive Program (Referral Rewards)

If you are an agency consultant who believes that his or her contractors can benefit from the range and quality of services we have on offer, why not take a look at our VIP (Variable Incentive Program) with a view to referring them to us and we will reward you very nicely for your efforts.

PSL - Preferred Supplier List

As a recruitment agency you can choose which companies provide your contract workers with tax solutions. As you know it’s important to make sure that you have the right umbrella companies on your preferred or approved supplier lists. By choosing to include and work with GoUmbrella as part of your PSL or ASL, you can rest assured knowing that your contractors will be employed by a company that has undergone a successful HMRC Compliance Audit, have an established long term place in the market, operates to high ethical standards and continually exercises the application of government legislation, as well as providing a good quality cost effective service that is 100% legal and safe for all concerned parties; thus ensuring preservation of your Company’s reputation aswell as your contractors tax status.

GoUmbrella will ensure that your contractors receive a PRIORITY SERVICE and of a quality you would expect if you were to employ the contractor yourself. In addition to this we will REDUCE our OVERHEADS to ensure that your contractors get the BEST SERVICE at the BEST PRICE. Contact Us to find out what discounts are currently on offer for your contractors.