I should preface this with the fact I know I'm going to get face palmed
Typical occurrence, my client has said no PSC contractors. Either use the agency PAYE or use one of our approved umbrellas (sorry northernlad, contractor Umbrella isn't one of them)
Breakdown:
Paye: £475 a day. The client will contribute the employers NI and a 3% workplace pension on top of my 475 a day. They deduct holiday pay and will return it to me at the end of my contract if I haven't used it.
Umbrella: £527.85 a day. "This covers your current rate + 3% pension + Employers NI + Apprenticeship Levy, the latter 2 amounts will be deducted out of the gross rate paid"
I'm in 2 minds here. Part of me is thinking well it's only short term and you're going permy in 3 months. Part of me is saying use the umbrella and do a salary sacrifice.
The umbrellas are Nasa, brookson, paystream, parasol which all are charging ~£20 a week. The umbrella has a rougly 11% uplift in day rate.
Typical occurrence, my client has said no PSC contractors. Either use the agency PAYE or use one of our approved umbrellas (sorry northernlad, contractor Umbrella isn't one of them)
Breakdown:
Paye: £475 a day. The client will contribute the employers NI and a 3% workplace pension on top of my 475 a day. They deduct holiday pay and will return it to me at the end of my contract if I haven't used it.
Umbrella: £527.85 a day. "This covers your current rate + 3% pension + Employers NI + Apprenticeship Levy, the latter 2 amounts will be deducted out of the gross rate paid"
I'm in 2 minds here. Part of me is thinking well it's only short term and you're going permy in 3 months. Part of me is saying use the umbrella and do a salary sacrifice.
The umbrellas are Nasa, brookson, paystream, parasol which all are charging ~£20 a week. The umbrella has a rougly 11% uplift in day rate.
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