Hello
So I have just got my first payslip from my umbrella company.
To say I am confused is an understatement.
I'm having to pay employers NI and Levy.
I'm basically down 53% of my Gross day rate for the month.
Surely this cant be right?
I am on a tax code of 731T, which may explain this.
On the phone to HMRC to see why, but otherwise.
Can anyone else provide some thoughts?
Or even recommendations of other umbrella companies to use? I see companies offering to keep about 80-90% of your gross. Are these safe?
Thanks!
So I have just got my first payslip from my umbrella company.
To say I am confused is an understatement.
I'm having to pay employers NI and Levy.
I'm basically down 53% of my Gross day rate for the month.
Surely this cant be right?
I am on a tax code of 731T, which may explain this.
On the phone to HMRC to see why, but otherwise.
Can anyone else provide some thoughts?
Or even recommendations of other umbrella companies to use? I see companies offering to keep about 80-90% of your gross. Are these safe?
Thanks!
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