PDA

View Full Version : Carlsberg don't do umbrella companies but if they did................................



geoff from contracta IOM
20th April 2011, 11:55
Here goes, what would make an umbrella company the best ever umbrella company, what would it do and how would it do it ?

Support Monkey
20th April 2011, 12:21
It would go ltd

pmeswani
20th April 2011, 12:30
It would go ltd

And stay in the UK for the purposes of tax.

cojak
20th April 2011, 12:34
<snork> :laugh

Emmie Noughton
21st April 2011, 10:02
Well I don't know about the best umbrella company in the world but I have just started contracting, looking at my options and a colleague has recommended umbrella companies due to the ease in getting started and lack of admin involved. I was initially thinking Ltd Company but to be honest this intimidates me a little at the moment. I have looked into a few umbrella companies and I have to say that I wasn't impressed with the level of customer service. Some of the staff were not very helpful at all. Just wanted to sign me up but not willing to offer any advice. I'm pretty new to everthing at the moment but having read some of the forum posts I think this site could be very helpful - if you have any advice for a first timer using an umbrella company I would welcome it!

Steven@Parasol
21st April 2011, 10:51
Well I don't know about the best umbrella company in the world but I have just started contracting, looking at my options and a colleague has recommended umbrella companies due to the ease in getting started and lack of admin involved. I was initially thinking Ltd Company but to be honest this intimidates me a little at the moment. I have looked into a few umbrella companies and I have to say that I wasn't impressed with the level of customer service. Some of the staff were not very helpful at all. Just wanted to sign me up but not willing to offer any advice. I'm pretty new to everthing at the moment but having read some of the forum posts I think this site could be very helpful - if you have any advice for a first timer using an umbrella company I would welcome it!

I am biast as I work for an umbrella but I would be extremely wary of an umbrella company that claims its overarching contract of employment is 'HMRC approved.' HMRC does not work in this way so it sets alarm bells going straight away.

doodab
21st April 2011, 10:54
I would think a service that provided a director or part time employee who ran your limited company and took care of all the accounts and paperwork for you for a nominal fee would be best.

Support Monkey
21st April 2011, 12:15
I used several Umbrellas before going limited and the only one that did not say it was HMRC authorised and did not tell me to claim a load of expenses i was never going to spend was ContractorUmbrella

geoff from contracta IOM
21st April 2011, 14:16
I would think a service that provided a director or part time employee who ran your limited company and took care of all the accounts and paperwork for you for a nominal fee would be best.

Interesting

GillsMan
21st April 2011, 14:23
Well I don't know about the best umbrella company in the world but I have just started contracting, looking at my options and a colleague has recommended umbrella companies due to the ease in getting started and lack of admin involved. I was initially thinking Ltd Company but to be honest this intimidates me a little at the moment. I have looked into a few umbrella companies and I have to say that I wasn't impressed with the level of customer service. Some of the staff were not very helpful at all. Just wanted to sign me up but not willing to offer any advice. I'm pretty new to everthing at the moment but having read some of the forum posts I think this site could be very helpful - if you have any advice for a first timer using an umbrella company I would welcome it!

I used an umbrella for the first three months of my contract. Parasol - and I was very happy with their service for whatever it's worth. That gave me time to get into contracting and research the responsibilities involved in being a company director. Now running my LtdCo and very happy with the decision I took to start with an umbrella and then go Ltd.

LisaContractorUmbrella
26th April 2011, 12:10
Well I don't know about the best umbrella company in the world but I have just started contracting, looking at my options and a colleague has recommended umbrella companies due to the ease in getting started and lack of admin involved. I was initially thinking Ltd Company but to be honest this intimidates me a little at the moment. I have looked into a few umbrella companies and I have to say that I wasn't impressed with the level of customer service. Some of the staff were not very helpful at all. Just wanted to sign me up but not willing to offer any advice. I'm pretty new to everthing at the moment but having read some of the forum posts I think this site could be very helpful - if you have any advice for a first timer using an umbrella company I would welcome it!

The best thing to remember is that no umbrella company can 'maximise your earnings', no umbrella company is 'approved by HMR&C and no umbrella company can 'Guarantee 85% take home pay'. Basically all legitimate umbrella companies work in exactly the same way and your earnings will be the same whichever one you use, other than any differences between their fees.

Did you have any specific questions about working through an umbrella company that we could help with?

Emmie Noughton
26th April 2011, 14:44
The best thing to remember is that no umbrella company can 'maximise your earnings', no umbrella company is 'approved by HMR&C and no umbrella company can 'Guarantee 85% take home pay'. Basically all legitimate umbrella companies work in exactly the same way and your earnings will be the same whichever one you use, other than any differences between their fees.

Did you have any specific questions about working through an umbrella company that we could help with?

Thanks for your reply Lisa. I have been dealing with Nasa over the last few days who have been really helpful and answered a lot of my (ridiculously simple) questions! This along with some of the feedback on the forum has made me much wiser now that I was a week ago. I'm sure I have a lot to learn yet though. I'll eventually be setting up a limited company and I'm sure this will bring new questions but at the moment the umbrella route just seems to fit in with my needs at this time. (There isn't a cancellation fee with this umbrella company so I don't have to worry about that.)

LisaContractorUmbrella
26th April 2011, 15:04
Thanks for your reply Lisa. I have been dealing with Nasa over the last few days who have been really helpful and answered a lot of my (ridiculously simple) questions! This along with some of the feedback on the forum has made me much wiser now that I was a week ago. I'm sure I have a lot to learn yet though. I'll eventually be setting up a limited company and I'm sure this will bring new questions but at the moment the umbrella route just seems to fit in with my needs at this time. (There isn't a cancellation fee with this umbrella company so I don't have to worry about that.)

I'm glad that you are finding things a little easier now :happy

Merlin
27th April 2011, 13:42
I used Parasol and I have to say they were rubbish. Their charge was more than originally stated (details provided remained the same), they have messed up my tax and really did as little as possible. I also have to wait between two to eight weeks (if I'm lucky) to get my P45 and P60.

I am now looking for another umbrella company as I don't really want to go Ltd at the moment. It is like trying to find the best of a bad bunch!

Steven@Parasol
27th April 2011, 16:05
I used Parasol and I have to say they were rubbish. Their charge was more than originally stated (details provided remained the same), they have messed up my tax and really did as little as possible. I also have to wait between two to eight weeks (if I'm lucky) to get my P45 and P60.

I am now looking for another umbrella company as I don't really want to go Ltd at the moment. It is like trying to find the best of a bad bunch!

Merlin I'm really sorry to see that.

If you PM me your details I'll make sure your documentation is sent out to you ASAP.

Emmie Noughton
27th April 2011, 20:19
I used Parasol and I have to say they were rubbish. Their charge was more than originally stated (details provided remained the same), they have messed up my tax and really did as little as possible. I also have to wait between two to eight weeks (if I'm lucky to get my P45 and P60.

I am now looking for another umbrella company as I don't really want to go Ltd at the moment. It is like trying to find the best of a bad bunch!

Well I have to say I'm so far impressed with my choice in Nasa Consulting. The fee advertised is the fee I'm paying and the service so far has been great. It's early days yet I know but I feel like I'm getting good value for money! I have learnt that there are many umbrella companies advertising amazing fees and promising things that simply aren't accurate - I have always preferred the 'no bo**ocks' approach! Just tell me how it is.

LisaContractorUmbrella
28th April 2011, 09:11
Well I have to say I'm so far impressed with my choice in Nasa Consulting. The fee advertised is the fee I'm paying and the service so far has been great. It's early days yet I know but I feel like I'm getting good value for money! I have learnt that there are many umbrella companies advertising amazing fees and promising things that simply aren't accurate - I have always preferred the 'no bo**ocks' approach! Just tell me how it is.

Very sensible approach - your take home pay will be the same whichever company you use so it does really all come down to service at the end of the day

Merlin
4th May 2011, 09:23
Steven, thank you for the offer. I now have my P45 and yep, they, Parasol have totally messed it up!!! They even sent it without my name, only my address on the envelope! No tax code has been included (although they had my previous P45 with tax code) and now I have to get the taxman to help get this sorted. And I paid to have them mess all this up!

Emma, pleased you are impressed with Nasa. Will have a look at them. I don't want miracles, happy to pay for a good, honest and reliable service. Just want people to do their job.

Onwards and upwards...

Merlin
4th May 2011, 10:32
Sorry, forgot to add that Parasol even got the date wrong for the last day that I worked! Put it two days AFTER I had finished. Sure the taxman will be interested in this!

LisaContractorUmbrella
4th May 2011, 11:43
Sorry, forgot to add that Parasol even got the date wrong for the last day that I worked! Put it two days AFTER I had finished. Sure the taxman will be interested in this!

To be fair to Parasol, your P45 will not necessarily report the last day that you worked as, through any umbrella company, you are likely to receive a payment after the last day at the client site

original PM
4th May 2011, 11:53
Yes very true - you were an employee of Parasol not of the end client so the P45 will more than likely reflect the date you terminated your employment with Parasol.

Bit dissapointing to hear of the problems with Parasol - they always seemed quite good. Also whilst I do not have the full details to hand my experience is that when tax codes etc are incorrect or wrong (in your view) it will more than likely be that your P45 you sent them had wrong ( in your view) details on it.

Obviously it is equally likely someone in the payroll team made a pigs ear of setting up your details on the payroll system - but hey mistakes happen.

malvolio
4th May 2011, 12:00
I would think a service that provided a director or part time employee who ran your limited company and took care of all the accounts and paperwork for you for a nominal fee would be best.

Late to the party, but that is that's called an MSC. And they are illegal unless you pay full PAYE and NICs on all your earnings. So not all that smart an idea...

HTH :tongue

LisaContractorUmbrella
4th May 2011, 12:30
A P45 should be generated by the computerised payroll system being used and has to contain information that has been input throughout the period of employment. Therefore if your correct tax code was shown on your payslips there is no reason why the same code would not appear on your P45; taxable earnings and tax paid are also just accumulations of the figures input in each payroll period. Unless the P45 was hand written I cannot see how the errors you mentioned could have occurred.

Steven@Parasol
4th May 2011, 12:53
I used Parasol and I have to say they were rubbish. Their charge was more than originally stated (details provided remained the same), they have messed up my tax and really did as little as possible. I also have to wait between two to eight weeks (if I'm lucky) to get my P45 and P60.

I am now looking for another umbrella company as I don't really want to go Ltd at the moment. It is like trying to find the best of a bad bunch!

Merlin, please can you PM me with your real name and details or you can email me at steven.proud@parasolgroup.co.uk.

This is very serious from our perspective and I would like to look into this properly. I do need you real name though to look everything up on our system.

Thanks

Steven

Merlin
5th May 2011, 08:42
Agree, mistakes do happen.

Lisa, my P45 that was given to Parasol was not hand written but computer generated and had all been fine with previous employment. All Parasol ever bothered to do was use BR pay code. I'm guessing that end of year accounts had been 'done' and that sheer laziness stopped them (payroll) doing the work they should have done!

Steven, I will email you later when I have the chance today with details.

LisaContractorUmbrella
5th May 2011, 09:02
Agree, mistakes do happen.

Lisa, my P45 that was given to Parasol was not hand written but computer generated and had all been fine with previous employment. All Parasol ever bothered to do was use BR pay code. I'm guessing that end of year accounts had been 'done' and that sheer laziness stopped them (payroll) doing the work they should have done!

Steven, I will email you later when I have the chance today with details.

Hi Merlin, the only reason I can think that a BR tax code would have been allocated to you would be if a coding notice had been received from HMR&C. Usually the code that is on the P45 you give to your new employer is the code that should be used in your new employment and, assuming a coding notice isn't received, should be the code that appears on the P45 you are issued with when you leave that employment. The year end (6th April) will typically automatically change existing tax codes as the tax free allowances change but otherwise any changes in tax codes will be through notification from HMR&C

Fundamental Rights
10th May 2011, 10:14
For a PAYE or PSC (Limited Company) solution have a look at MRG Pay Solutions (http://www.mrgpay.com)

LisaContractorUmbrella
10th May 2011, 10:47
For a PAYE or PSC (Limited Company) solution have a look at MRG Pay Solutions (http://www.mrgpay.com)

Interesting website; just the one page :confused: Oh and by the way the mods might think :spam:

wim121
14th June 2011, 20:06
I used Parasol and I have to say they were rubbish. Their charge was more than originally stated (details provided remained the same), they have messed up my tax and really did as little as possible. I also have to wait between two to eight weeks (if I'm lucky) to get my P45 and P60.

I am now looking for another umbrella company as I don't really want to go Ltd at the moment. It is like trying to find the best of a bad bunch!

I can appreciate how you feel. Ive spent numerous hours calling nearly 50 companies in the past couple months.

Feel free to message me if you like and I can provide you with a list of umbrellas to perhaps call and ones to avoid.

LisaContractorUmbrella
16th June 2011, 06:48
I can appreciate how you feel. Ive spent numerous hours calling nearly 50 companies in the past couple months.

Feel free to message me if you like and I can provide you with a list of umbrellas to perhaps call and ones to avoid.

That's an awful lot of calls wim121 :eek I hope your hard work paid off and you found the right one for you