Umbrella Companies

Umbrella Companies

There are a host of reasons why contractors use umbrella companies to get paid. But many of those reasons boil down to convenience and simplicity and that’s why they are the payroll solution of choice for thousands of contractors. Choosing a reliable and efficient umbrella company is a key part of making your contracting life a success. But where do you start when there is such a vast number of providers in the market? Your recruitment company or friends may make suggestions but we can take away the risk factor as we only work with and recommend umbrella companies that have a proven track record. Select your umbrella company with confidence when you engage with us.

Contractor Accountants

Running your own limited company to invoice clients and receive payment for your contracts can be time consuming but fulfilling. However, ensuring your company complies with the law and regulatory reporting requirements can be stressful and can prove expensive if you miss a filing deadline. We can put you in touch with accountants whose services are tailored to making your life easier as a contractor. Guiding and advising you on your responsibilities, providing you with the necessary business software as well as keeping you in touch with the latest industry developments. Run your company smarter with our hand picked contractor accountants.

Contractor Accountants
Tax Compliance Consultants

Personal Tax Services

There are times when you need your personal tax affairs handled by a professional adviser who has years of experience in dealing with the tax man. Their expertise can help you avoid sleepless nights and endless correspondence with regards to your tax affairs. From helping you with your tax returns to dealing with tax enquiries our Tax Partners have the expertise and knowledge to ensure that you can continue focusing on your assignments today rather than being diverted with your historic tax returns.

Personal Loan Partner

If you find yourself in need of a short term loan to cover unexpected costs or one-off purchases we can put you in touch with our personal loans partner. Our partner offers unsecured loans to UK residents based on monthly income and ability to repay the loan. This makes the loan easily accessible for contractors who are not on a fixed income, as the application process takes into account your total monthly income from any source. You can borrow between £1,000 and £5,000 on terms of 12, 18 or 24 months. If you are seeking a personal loan, we can put you in touch with our partners to ensure an easy process.

Personal Loans
Mortgage Brokers

Mortgage Brokers

As a contractor your earnings are not guaranteed and you could be out of contract a number of times a year. Many mortgage lenders struggle with lending to contractors who want to purchase a new home. Our mortgage broker partner has many years of experience sourcing mortgages for contractors and so reducing the time wasted on finding a mortgage on the high street. Don’t let your dream home slip through your fingertips. Speak with our contractor mortgage partner to fund your next home.

Insurance Brokers

As a limited company contractor you need to ensure that your company has the necessary insurance covers required by law and also to safeguard your interests before you offer your services. We can put you in touch with insurance brokers who are experienced in the covers required by contractors to run their business from Employers Liability Insurance, directors liability cover to IR35 indemnities. They will be able to advise on the insurance cover as well as the level of cover that you need for your purposes. Even if you have insurance in place you may want to get in touch to ensure that your business is correctly protected.

Insurance Providers

Working with you

We help contractors make the right commercial decisions to suit their busy lifestyles and careers. You may have never heard of an umbrella company or thought about the need for a limited company. You simply want to work on assignments that suit you. You thought the paperwork and finances could be left in the hands of your recruitment agency. There is only so much your recruitment agency can do. Taking the step to work flexibly brings more responsibility at your doorstep. That’s where we step in. We trawl the market to identify good, supportive companies that can assist you, whether or not you are new to contracting, already contracting or needing a specific service to enhance what you already have.

We know how the contractor market ticks, what’s trending, which providers are offering the best value and service, and how legislation changes can have a knock on effect on you. Bringing together an extensive range of service options, including umbrella companies, contractor accountants, insurance brokers and mortgage lenders, we can present you with the best providers and even help you deal with the transition from your current set up.

Latest news

For the latest news and information affecting contractors, including key topics such as IR35, please view our blog page here.

Is Umbrella Exchange right for you?

Yes, we are pretty sure it is. Your time and effort are at the heart of everything we do. Utilising our extensive experience and knowledge and identifying a good deal enables us to know what will work for your individual circumstances.

So if you are working on assignment in the public service sector then we won’t waste your time discussing an accountancy solution but can help you choose an umbrella company. If you are a contractor who has had a brush with IR35, then we’ll look at how a contract review service can be beneficial as part of an accountancy package. Although our name is Umbrella Exchange, it’s not just umbrella companies we can help you with.

Whether you describe yourself as a professional contractor, consultant, like to just dabble in project work from time to time or are the MD of a multi-sector recruitment firm, we at Umbrella Exchange think we have some really great options and would like to work with you.

For more information about Umbrella Exchange please get in contact

  0203 393 3881

  [email protected]