Our Umbrella company services specialize in dealing with outsourced payroll issues. An umbrella company solution means that you are not a director of a company, nor do you carry the responsibilities associated with running a limited company or being self-employed. Umbrella companies deal with all accountancy and some taxation matters. They can also deal with all administration as well, hence the term ‘umbrella’. Everything is covered by one operation, taking the time-consuming business of bookkeeping and monitoring payments out of your hands and into the hands of our team.
By employing the services of an umbrella company, it also means that any IR35 problems are avoided, as using a PAYE umbrella system means that your income will be treated as though you are an employee.
Top Line Management UK Ltd provide Umbrella services for contractors all over the UK. The Umbrella company option works for contractors who want to have some of the benefits and advantages of operating through a limited company but don’t want to be burdened with the bookkeeping.
For legal reasons you must send back the following in order to be paid:
1) The registration form with your personal banking information
2) The signed contract
3) A copy of photo identification (eg driving licence or passport)
4) Contractor umbrella holiday pay form
5) Employee statement
6) Current P45 if issued from previous employer
7) Expense form
Please ensure that we are in possession of the above documents as we are legally required to have it on file before we release any payment.