Umbrella companies have emerged as the safest and the most sensible option for  contractors/freelancers caught by IR35. Since the inception of IR35, the Umbrella Company has acquired a great value for contractors who do not want to operate through a limited company or freelancers who take short contracts between permanent roles.

We help you get in touch with Umbrella companies that provide PAYE services and offer IR35 tax advice to UK contractors and freelancers, and make it quick and easy to register with an umbrella company.

You can claim Inland Revenue permitted expenses, expenses for travel to work, meals, accommodation whilst working away from home, which your umbrella company will process for you - some very good reasons why you should join an umbrella company.

Besides, the pre-budget proposals requires the contractor to have complete financial and administrative control of their own business in order to receive dividend payments which cannot in any way legally be offered by a third party such as a Managed Limited Company.

The fact that all your tax and national insurance liabilities are taken care of by the company, is in itself a great incentive. You won’t be bogged down with any unexpected tax demands or having to worry about saving for your fat tax bill.

To aid our contractor readers, here’s a selection of the top Umbrella Companies.