UK Umbrella Company Explained: How It Works
A UK umbrella company employs contractors as PAYE staff and handles all tax, NI, holiday pay and employer NI deductions. The contractor receives net pay similar to a permanent employee. This guide covers how umbrellas work, the margins, and choosing one.
UK Contractor Take-Home: How to Calculate
UK contractor take-home depends on day rate, working days, IR35 status, structure, and pension/expense decisions. This guide walks through the calculation for PSC outside IR35 and umbrella inside IR35, with worked examples at three rates.
UK Contractor Pension Options: SIPP and Workplace
UK contractors operating through PSCs can make highly tax-efficient employer pension contributions (deductible by company, tax-deferred for director). Umbrella contractors use auto-enrolment or salary sacrifice. This guide covers SIPP, the GBP 60,000 annual allowance, and carry-forward.
UK Contractor Finance: The Complete Guide
UK contractors operate through limited companies (Personal Service Companies), umbrella companies, or as sole traders. IR35 status determines tax treatment. This guide covers the structures, the tax position, and the operational essentials.