Tax is something we all worry about, especially in the month of January in the UK.
If you’re a freelancer or contractor in the UK then you may be wondering if you should join an umbrella company.
The advantages of umbrella companies include:
- NO MORE TAX Returns! All tax and NI is calculated and deducted by the umbrella company prior to you receiving your money. This means you do not need to worry about calculating your tax. (source)
- You may not be able to, or wish to, take the role of a company director, making the option of outsourcing your administration and leaving you free to prioritise your day-to-day work an attractive one. (source)
- Remember that the decision to operate using an umbrella company is not binding. At any point you could review your business model and opt to switch to a limited company – something not so easy to do in the other direction. (source)
Now that you know the advantages of umbrella companies the only choice you have to make!
Which umbrella company do you choose?
We recommend PayMatters who are based in Cheshire, Manchester.
Where can I find PayMatters Complaints & Reviews?
Do you have anymore PayMatters Reviews?
You can take a search online to find more reviews on PayMatters or visit any of the site below to read unbiased reviews (and complaints)