Umbrella company questions
I'm just canvassing opinions on umbrella solutions -- Orange Genie or Parasol IT are two that seem most likely, but neither have responded to my enquiries - not very encouraging!
Mainly I want to here opinions from people who have used the services, but I also have a couple of other questions:
1. is it just for contracts that fail IR35?
2. Prosperity4 mentioned an allowance of £21 per day allowed if day exceeds 10 hours including travel.
£5 if over 5 hours. Is this correct?
3. Are there any hidden elements like termination fees?
4. Are all contractors on their books covered by indemnity/liability insurance?
Are there any other questions I should ask.
I'm just canvassing opinions on umbrella solutions -- Orange Genie or Parasol IT are two that seem most likely, but neither have responded to my enquiries - not very encouraging!
Mainly I want to here opinions from people who have used the services, but I also have a couple of other questions:
1. is it just for contracts that fail IR35?
2. Prosperity4 mentioned an allowance of £21 per day allowed if day exceeds 10 hours including travel.
£5 if over 5 hours. Is this correct?
3. Are there any hidden elements like termination fees?
4. Are all contractors on their books covered by indemnity/liability insurance?
Are there any other questions I should ask.
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