Upgrade to ChromeUpgrade to FirefoxUpgrade to Internet ExplorerUpgrade to Safari

28 October 2019

So your assignment is inside IR35 and trading via a limited company is just not an option? You might consider using an umbrella company like SmartWork or elect to go on your agencies payroll if they offer this.

What’s the difference I hear you ask? The two options are very similar as they both deduct Pay As You Earn (PAYE), which means all the necessary payroll and administrative tasks have been taken care off.

If your recruitment agency offers a payroll facility they may offer you one with two different rates; a PAYE rate and an Umbrella Rate. The umbrella rate is the higher amount as it is uplifted to pass the employment cost on to the contractor.

So what are the differences?

Still undecided?

Why not call SmartWork today on 0800 434 6446 to discuss the different options in more details and one of the business manager will provide you with a detailed illustration based on your umbrella rate.

Latest Posts

This is a comprehensive guide to what can be claimed as a legitimate business expense when working through SmartWork. The…

Read Full Article

@SmartWorkUK

Here is what to look out for when choosing an umbrella provider, plus tell-tale signs of a non-compliant scheme.… https://t.co/fhAAgXGyUr

Jan 22

Everything you need to know about claiming expenses when you work via SmartWork umbrella. Also available as a downl… https://t.co/F83iOYI5cK

Jan 16

Thank you to all our agency partners and employees for making this year so great. Happy Holidays from the team at… https://t.co/YhIjxgAzLP

Dec 24

Heading out to vote? Make sure you read this before! https://t.co/DZPJSnqbrU

Dec 12

Here is what to look out for when choosing an umbrella provider, plus tell-tale signs of a non-compliant scheme.… https://t.co/L9VTrKBiDI

Dec 11

Speak to our team on
0800 434 6446

Or Click here to contact us

Join Smartwork Today

Fill out our registration form