Our umbrella company services are the perfect option for contractors and freelancers who don’t want to deal with accountancy requirements. Not only do we take away the stress and liability of calculating and submitting PAYE-based tax and National Insurance contributions, but our services are also reasonably priced and can include a variety of other benefits.
Our team of qualified and dedicated Chartered Accountants, Payroll and Pensions will provide you with quality customer care services and makes it easy for contractors and freelancers to do their jobs without having to navigate the confusing and stressful maze of tax paperwork and administration. Ideal for new contractors who don’t know where to start, CPPT ‘s umbrella company services are also extremely useful for those who have been contracting for many years.
If you are new to the contracting and freelancing world you have probably been advised to find yourself an Umbrella Company; your first thought may well have been what on earth is an Umbrella Company???
An Umbrella Company will employ you under an overarching Contractor of Employment and will be responsible for raising invoices for the work that you do whilst on assignment, this means that you will not have the worry of setting up and running a company.
The Umbrella company will then, once funds are received from the agency, coordinates and process the data/funds and make net payment to you after the appropriate deductions for tax and national insurance contributions and other allowable expenses negotiated with HMRC on your behalf.