oneclickumbrella http://oneclickumbrella.bcz.com Tue, 15 Jul 2014 08:59:52 +0000 en-US hourly 1 The top five benefits you will gain by using one of the leading contractor umbrella companies in the UK http://oneclickumbrella.bcz.com/2014/07/15/the-top-five-benefits-you-will-gain-by-using-one-of-the-leading-contractor-umbrella-companies-in-the-uk/ http://oneclickumbrella.bcz.com/2014/07/15/the-top-five-benefits-you-will-gain-by-using-one-of-the-leading-contractor-umbrella-companies-in-the-uk/#comments Tue, 15 Jul 2014 08:59:52 +0000 One Click Umbrella http://oneclickumbrella.bcz.com/?p=22 Continue reading ]]> Are you currently a contractor or a freelancer? If not, is this a line of work you are considering? If so, you would certainly benefit from using the services of one of the contractor umbrella companies in the United Kingdom. What is an umbrella company? Well, these businesses will essentially employ you. As a result, they will handle of your paperwork for you, such as invoices and taxes. The only thing you have to do is submit your time sheet and your expenses. You then simply wait while they take care of everything and then submit the net profit into your bank account. Keeping that in mind, let’s take a look at the five main benefits associated with using one of these businesses…

No Paperwork – There is only one place to begin and this is with the fact that you can kiss goodbye to paperwork. You no longer have to waste hours and hours on this. This allows you to be much more effective and focus on what makes you money. Therefore, you can be more productive and efficient, which is what every contractor and freelancer wishes to achieve. Effective Budgeting – One of the main benefits associated with umbrella companies is that you will be able to budget much more effectively and successfully. After all, the company handles all of your taxes and you are simply left with your net deposit. This means you don’t have to worry about putting money away for taxes each and every month.

Peace Of Mind – You have the assurance that all legalities are dealt with, and more importantly, that they are dealt with properly. Handling taxes on your own can be extremely confusing. A lot of freelancers and contractors are failing to pay the right amount and do not even realize it. This can result in heft fines, and thus it is better to ensure a professional service takes care of this for you.

Ideal for Temporary Workers – Contracting or freelancing is not a long-term solution for all people. A lot of individuals go down this route when they are in between employment and looking for a new job. There is certainly no point in setting up a limited company if you have no intentions in seeing it out for the long-term.

Improve Efficiency – As touched upon when mentioning the fact that you will not need to carry out any more paperwork, all of these benefits essentially come together to allow you to work much more efficiently. Convenience is enhanced dramatically and you will be able to save an incredible amount of time, allowing you to effectively generate more income.

When you take all of these benefits into account, it is not difficult to see why using the services of contractor umbrella companies come so highly recommended. You may have to pay a small fee to use the services of one of these business, however when you think of the efficiency you are going to benefit from, you soon see how this money is easily made back.

Summary – Are you a contractor or a freelancer? If so, there are lots of benefits to be gained by using the services of contractor umbrella companies. This post reveals what those benefits are.

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The complete guide on finding top umbrella companies UK situated! http://oneclickumbrella.bcz.com/2014/05/14/the-complete-guide-on-finding-top-umbrella-companies-uk-situated/ http://oneclickumbrella.bcz.com/2014/05/14/the-complete-guide-on-finding-top-umbrella-companies-uk-situated/#comments Wed, 14 May 2014 09:05:33 +0000 One Click Umbrella http://oneclickumbrella.bcz.com/?p=19 Continue reading ]]> An increasing number of contractors and freelancers are seeing the value associated with using the services offered by umbrella companies. These companies will take care of all of your paperwork, taxes, invoices and alike. Not only does this minimise hassle, but it guarantees everything is handled above board as well. Nonetheless, this does not mean you should simply select the first umbrella company you find. Instead, read on to determine how to locate top umbrella companies UK based.

There is only one place to begin and this is with the fees that are charged by the company in question. There are lots of umbrella companies that will claim they can lower your taxes. Unfortunately, this is impossible. Taxes are enforced by the UK government, thus no company has the ability to alter them. The only divergence in price is in relation to the fees charged by the company. Most umbrella businesses will provide weekly or monthly fees. You should not expect to pay more than £35 for the weekly service or £90 for the monthly service. However, be mindful of going for something that seems too good to be true. You don’t want to suffer from poor levels of quality.

Aside from price, another thing you should assess is the procedure the company has set in place. How do you submit your timesheet? How long do you have to wait for your net profit to be deposited? Remember, an umbrella company is all about enhancing convenience, and thus you need to ensure the one you select actually does this. The best umbrella companies will provide you with an online database, so all you have to do is submit your timesheet via the internet. In addition to this, you don’t want to have to wait too long for your cash. After all, it is your livelihood.

Last but not least, it is recommended to opt for a company that displays effective communication capabilities. You want to be certain that you can get in touch with them at any time if you have any queries or concerns. Additionally, as taxes and alike can be confusing, it is good to go for a company that explain everything to you, rather than leaving you in the dark.

Summary – If you take a look on the internet you will see that you have a huge number of umbrella companies to choose from. This post reveals how to find top umbrella companies UK.

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Find out what expenses you can claim by using a top umbrella company http://oneclickumbrella.bcz.com/2013/09/10/find-out-what-expenses-you-can-claim-by-using-a-top-umbrella-company/ http://oneclickumbrella.bcz.com/2013/09/10/find-out-what-expenses-you-can-claim-by-using-a-top-umbrella-company/#comments Tue, 10 Sep 2013 09:22:11 +0000 One Click Umbrella http://oneclickumbrella.bcz.com/?p=16 Continue reading ]]> Umbrella companies are flourishing in popularity at the moment and this is something that shows absolutely no signs of slowing down. This article aims to give further clarity regarding what expenses you can claim when utilising a top umbrella company. Read on to discover more…

Accommodation, food and drink

If you are staying in a hotel or any other type of accommodation because of work duties then you are able to claim this as an expenses alongside the food and meal you consume whilst there. There is no set allowance yet the costs must be reasonable.

Equipment

You can claim equipment as an expense as long as you provide evidence that it is necessary for the work you are carrying out.

Travel

If you have a temporary place of work or need to travel somewhere for business purposes then you can claim this as an expense. You will experience a rate of 45p for every mile for the initial 10,000 miles in a fiscal year. After this it will reduce to 25p. If you go to your premises as a passenger in a car you can actually claim 5p for every mile. If you use public transport then make sure you have a valid receipt in order to claim this.

Clothing

You cannot claim for ordinary work clothing. However, you can claim for any protective clothing or clothing that does relate to the performance of your work and cannot be worn outside of the workplace.

Training

You can claim training courses as an expense, however they have to be wholly relevant to your line of work.

Pensions

And finally, pensions are one hundred per cent allowable against all tax. It is recommended that all contractors have a pension. You will also be able to cut down on your tax and NI contributions if you do.

There is a vast selection of different things you can claim as an expense if you are a contractor and use an umbrella company. Nonetheless, as you can see; there are stringent criteria in place as well and thus this is something you need to be mindful of.

Summary –One of the reasons why a lot of people use umbrella companies is so they can claim expenses they wouldn’t be able to when caught by the IR35 tax. This article reveals what expenses can be claimed with a top umbrella company.

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Why umbrella companies in the UK are becoming more and more popular http://oneclickumbrella.bcz.com/2013/08/23/why-umbrella-companies-in-the-uk-are-becoming-more-and-more-popular/ http://oneclickumbrella.bcz.com/2013/08/23/why-umbrella-companies-in-the-uk-are-becoming-more-and-more-popular/#comments Fri, 23 Aug 2013 11:09:50 +0000 One Click Umbrella http://oneclickumbrella.bcz.com/?p=9 Continue reading ]]> Unemployment and job cuts are a problem in the UK. Finding work can be a difficult process with many vacancies attracting dozens or even hundreds of applications, competition is fierce. Finding work via a recruitment agency can be a great solution as the agency can do the hard work for the worker, and find work quickly and more easily. However, salaries paid by recruitment agencies can be complicated to work out as they may place people on emergency or temporary tax codes or not include national insurance etc.

 Umbrella companies in the UK do all the hard work, making sure that all the PAYE, National Insurance contributions are correct and that it is IR35 compliant. It means that the headache is taken away from working out finances and makes sure that workers are working and earning according to the legal and correct amounts. All of this is calculated before a worker receives their net salary which means they do not need to do anything.

Umbrella companies are also really easy to use. Workers simply upload their timesheets and expenses to a website or email address and they do not have to worry about any further future costs. Using an umbrella company also means that little paperwork needs to be filled out, only the individual time sheet and expenses.

It is also a great solution for people who are unsure about doing temporary work or are contracting as an in between job as minimum input is required. In addition, the cost of using an umbrella service is relatively inexpensive, working out at around £27 a week or £85 a month, though it will vary from company to company. Another benefit of using an umbrella company is that workers can claim basic expenses which will be deducted from your earnings before calculating tax and National Insurance.

Due to the rise in popularity of temporary or ad hoc jobs through recruitment agencies, umbrella companies are needed to help those who find the tax system baffling. By letting an umbrella company take over, it means workers avoid owing large sums of tax or National Insurance in the months that follow and it is easy and simple to use.

Summary: As thousands of people take on temporary or contracted work, there has been a demand for umbrella companies to help with the calculations of individual salaries and tax contributions so that workers receive the correct salary with the right deductions.

 

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