Umbrella Company

What an Umbrella Company is, and why you need one?

Umbrella companies have existed for around 20 years – prior to that, contractors and freelancers would either work through their own limited company or become an employee of a recruitment agency (or the end-client).

An umbrella company looks after administrative and accountancy tasks for contractors / freelancers.

The contractor can still work on different contracts, and with different agencies, but is employed directly by the umbrella company. It is an easy and reliable alternative to setting up and running your own limited company (and all the added responsibilities that come with it).

Calculate Your Salary

Let us know what your hourly or daily contract rate is and we will give you an idea of how much pay you’ll receive:

Why should you use Laboris?

Benefits of Using an Umbrella Company

There are a variety of benefits to joining Laboris’ umbrella company.

Tax Paid

An umbrella company deducts relevant taxes and pays them to HMRC on your behalf so you can avoid nasty surprises at the tax year-end.

IR35 Ready

Using Laboris’ umbrella company and being paid as a PAYE employee means you needn’t worry about facing an extra tax bill if you take on a contract that gets classed as “within IR35”.

Registration is simple,
start enjoying the benefits now…

Click to Join Laboris Today

Employment Record

Even when switching between different contracts and agencies, Laboris can remain your actual employer, helping you build up a continuous employment record. Some contractors find this useful when applying for loans / mortgages.

Transparent Fees

a simple, competitive, fixed weekly or monthly fee with no hidden extras and no costly exit fees or minimum term contracts.

Employment Status

as you are employed by the umbrella company, you can enjoy employee rights, such as statutory sick pay and maternity pay.

How Does Laboris’ Umbrella Company Work?

What is the process? Who does what, and when?

There are usually 4 entities involved in a typical scenario: