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  1. Unfortunately umbrella companies were never...

    Unfortunately umbrella companies were never designed for those down the lower pay level; they were used as an alternative to running a Ltd company. Changes to legislation has ended up forcing those...
  2. Not legal no, but happens a lot :tired

    Not legal no, but happens a lot :tired
  3. That's without pension :eek

    That's without pension :eek
  4. Me neither :confused:- should be around £364.00 -...

    Me neither :confused:- should be around £364.00 - unless they are charging absolutely nothing as a margin and adding expenses. :smile
  5. :hug:

    :hug:
  6. You need to speak with the pension provider; the...

    You need to speak with the pension provider; the umbrella can only discuss certain elements of the pension with you as they are not regulated to advise. Best to call the providers and ask them direct.
  7. On £600 per day, your take home should be around...

    On £600 per day, your take home should be around £1,685 on a weekly basis, so about 56% unless you have pension - 70% is highly unlikely for a 40% tax payer. :wink
  8. You can pay anything into the pension as long as...

    You can pay anything into the pension as long as the umbrella keeps you above National Minumum Wage every pay packet (any monies over £40k annual limit will have to be declared via self-assessment)....
  9. It depends on whether you are looking to make...

    It depends on whether you are looking to make pension contributions as this will also affect the percentage :happy
  10. Hi kingkk, your take home will be dependant on...

    Hi kingkk, your take home will be dependant on your day rate as to whether this places you as a 20% or 40% tax payer, so thats the first thing to look. If you do come across any companies offering a...
  11. Hi Coe123, more than happy to help, as you say...

    Hi Coe123, more than happy to help, as you say many don't offer the pension options and providing a calculator online is difficult as there are many variables which could be taken into account like...
  12. Fair play to the marketing department I say :yay:

    Fair play to the marketing department I say :yay:
  13. As long as the umbrella company can pass the...

    As long as the umbrella company can pass the agency compliance test then, in theory, there shouldn't be an issue; unfortunately it doesn't appear to be the case which means the umbrella companies who...
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    It's just another loophole and a scam arrangement...

    It's just another loophole and a scam arrangement - in reality you have no links to the company paying you dividends so HMRC are never going to like it - just saying :smile
  15. Sticky: Your stuffed then NorthernLad looking at the...

    Your stuffed then NorthernLad looking at the amount of posts! How was life with the revenue??? :laugh
  16. Sticky: Really :facepalm:

    Really :facepalm:
  17. Don’t base it on cost alone pick up the phone and...

    Don’t base it on cost alone pick up the phone and talk to them to get a proper idea of who will be handling your cash [emoji6] but they can range from £15 per week to £30. HTHs
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    Glad it got sorted in the end for you :smile

    Glad it got sorted in the end for you :smile
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    Sorry should have explained it in more detail......

    Sorry should have explained it in more detail... the calculation of the deduction is based on the gross pay (before tax and NI) for the pay period and no deduction will be made if the statutory...
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    :hug:

    :hug:
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    Hi Michael, happy to give them a call and see...

    Hi Michael, happy to give them a call and see what I can do. I will PM you :smile
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    Thanks ladymuck I will be back very shortly!...

    Thanks ladymuck I will be back very shortly!
    :hug:
  23. Sticky: The brolly will have to net you National Minimum...

    The brolly will have to net you National Minimum Wage over that fill your boots :wink

    As Northern Lad said, you can pay more that £40k in via the brolly, but they will claw back the tax over that...
  24. Sticky: As you are the employee of the umbrella company,...

    As you are the employee of the umbrella company, the pension goes into the Group Pension Scheme, but as others have said, there are companies that will allow transfers at no cost, in which case you...
  25. Are stating that you have earned more than...

    Are stating that you have earned more than statutory employment rights due to your length of service? If so you may wish to go back and revisit your contract of employment to see what is stated as...
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    Best advice I can give is to pick up the phone,...

    Best advice I can give is to pick up the phone, speak to a person and then start to do your research. If they cannot answer any questions you have then don't go with them! You need to know exactly...
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    Hi Paul, I have PMd you, so it now looks like...

    Hi Paul, I have PMd you, so it now looks like your salary has increased and therefore your earnings will be taxed on a higher figure increasing your tax take.
  28. You are still entitled to Mat Pay, Pat Pay etc...

    You are still entitled to Mat Pay, Pat Pay etc through an umbrella, as long as they are opertaing properly, they are legally your employer, so they must make these payments to you. HTHs
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    :cry1:

    :cry1:
  30. Make sure you speak with them all on the phone,...

    Make sure you speak with them all on the phone, you can get a better idea of the company if they can explain it all properly over the phone to you! Then make the choice :wink
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    As NotAllThere said, at retirement age you are...

    As NotAllThere said, at retirement age you are correct in that no Employee's NI is due, but Employer's NI is due on every employee irrelevant of age, as this is deemed to be paid from the contract...
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    Always good to not be the norm then :tongue I...

    Always good to not be the norm then :tongue

    I would like to think so too, but for me the relationship has to be about service. I keep the contractor and the agency happy and then there are no...
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    There are rare occasions when you can gain an...

    There are rare occasions when you can gain an exception, but rarely :frown
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    Bit of a sweeping statement! I am aware of...

    Bit of a sweeping statement! I am aware of compliant one's still slipping pre paid credit cards under the recruiters noses!



    So those that are compliant and not operating with referrals are...
  35. Poll: Completely agree, a standard template would work...

    Completely agree, a standard template would work in everyone's interests; HMRC, the contractors and the umbrella (cutting legal costs, setting very clear guidelines etc) but HMRC would need to agree...
  36. They do here...

    They do here :smile, but as for acting fast, who knows! :spank:
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    Hi Delectable, if you need any advice let me know...

    Hi Delectable, if you need any advice let me know and I will help.
  38. Until HMRC come knocking on your door for the...

    Until HMRC come knocking on your door for the personal tax liability which technically has nothing to do with them - as most people have said run a mile. TBH if they are offering 2 schemes, I wouldnt...
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    Or work on the basis that if a company cannot or...

    Or work on the basis that if a company cannot or will not explain how the figures are arrived at then look elsewhere? Every company should be able to provide a breakdown of exactly how the figures...
  40. This link...

    This link may help.
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    Unless you are a 20% tax payer - in which case...

    Unless you are a 20% tax payer - in which case you may bag nearer to 70% so dependent on earnings :smile
  42. Did they ever get to a point of issuing a P60 for...

    Did they ever get to a point of issuing a P60 for you? Or have the liquidators ever got round to issuing a P45?
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    Tomato / Tomaeto (or however you would say it) -...

    Tomato / Tomaeto (or however you would say it) - you can call me whatever you like, I will still respond :tongue
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    Hi Andy I am so sorry to hear of the issues...

    Hi Andy

    I am so sorry to hear of the issues you have had, I have sent you a PM to address this :smile
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    Try International Umbrella - not sure if they can...

    Try International Umbrella - not sure if they can help but worth a call :smile
  46. All down to the Taylor Review - meaning hours and...

    All down to the Taylor Review - meaning hours and days must be specified on any payslip and every employee has the 'right' to a slip... This is the first part of the review to kick in.

    Payslip...
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    Your PSC / Ltd company is the intermediary...

    Your PSC / Ltd company is the intermediary closest to the end client at this point and therefore the end client would have to make all of the PAYE and NI deductions at source, which they won't want...
  48. Well thats a new one!!! :frown If you want to...

    Well thats a new one!!! :frown

    If you want to email it over to me I can look at the amount and try and work out what it refers to, but my guess is either Employers NI or Apprenticeship Levy.
  49. Ooooo thats a new one :whoosh: and they call it a...

    Ooooo thats a new one :whoosh: and they call it a "scheme"????
  50. Hi David You wouldn't be able to work via a...

    Hi David

    You wouldn't be able to work via a compliant umbrella company as the work is more ad-hoc. Umbrella companies have to guarantee the worker minimum hours which wouldn't be feasible for you....
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