Tax and accounting requirements a source of confusion. Trafalgar knowledge base articles aim to help explain the most frequently questioned topics and give you a better understanding of the value we give your business.

Knowledge Base

The Umbrella Company for IT contractors

06 April, 2010

As an IT contractor, an Umbrella Company offers a range of key benefits over running a Limited Company.

The Contractor Solutions Umbrella Company becomes your employer and operates on a weekly or monthly timesheet basis, handling all contracts, invoicing, payments, tax and national insurance in return for a small weekly fee.

Our Umbrella Company for IT Contractors offers the following benefits:

  • Tax-deductible weekly management fee paid only when you’re working
  • Within 48 hours of receiving client’s payments, a transfer is made to your bank account
  • Customer support team available to speak to any time
  • Online time-sheets, expenses, paying and project tracking.
  • Discounted Private Healthcare, Critical Illness & Travel Insurance
  • Tax deductable Stakeholder Pension
  • Insurance Cover
  • Statutory Employee Benefits
  • HMRC compliant & professional services
  • Travel, meals and accommodation expenses
  • No set-up fee, no exit fee, no minimum terms

If you are an IT contractor and are looking for a compliant payroll solution, give us a call today to discuss our services. We provide no-obligation advice on the best solution for you.

For a no-obligation chat call us on 020 7940 1990