Umbrella company for contractors
The benefits of using an umbrella company for contractors
There are many advantages to being employed by a longstanding, financially sound and compliant umbrella company such as Exchequer Solutions. Our umbrella service will provide you with:
- The security of being legally treated as an employee, with holiday pay and other employee benefits if applicable.
- The ability to claim for business expenses (please see our expenses policy for further details).
- Reduced administrative requirements, all financial paperwork is taken care of on your behalf.
- As an employee, you are important to us and will always be paid promptly and treated with professional courtesy.
How does Exchequer provide these benefits?
We’re able to provide this high level of service to you by retaining a margin of £20* from the income we invoice to our client. If this figure is less than £350 per week then we reduce our margin to £15*.
*plus a margin to cover our apprenticeship levy costs.
Get in touch
If you’re still asking yourself ‘should I use an umbrella company?’ and would like to find out more about how you could benefit from registering with a specialist contractor umbrella company like Exchequer, please get in touch with our team to discuss how we can help your contracting career to thrive.