Take The Hassle out of Contract Work
Using an umbrella company is a widely preferred payment option for contractor workers who value convenience and efficiency. It offers a streamlined, reliable solution for those looking to simplify the administrative burden often associated with contracting. By partnering with an umbrella company, contractors can enjoy a fast, hassle-free experience, as the company handles many of the responsibilities, such as tax deductions, invoicing, and compliance with legal requirements.
Why Choose Zyranth?
Comprehensive Insurance
You will be automatically covered by our insurance policies. This includes public liability, professional indemnity and employers liability insurance.
Hassle Free Administration
We take care of all the administrative tasks, including handling invoices, managing taxes and dealing with HMRC, so you can focus on your work.
Relationship Manager
You will be assigned as dedicated relationship manager as your main point of contact. They will support you every step of the way.
Transparent Fees
Our fees are fixed and all deductions are clearly outlined on your payslip. There are no hidden charges and we ensure full transparency.
FAQ's
Who should use an umbrella company?
Contractors or freelancers working on short-term contracts, especially those who do not want the administrative burden of running a limited company. It is particularly suitable for those who may be inside IR35 legislation.
How do I join an umbrella company?
Joining is simple. You will need to provide personal information such as proof of ID, your national insurance number and bank details. After that, we will set you up as an employee, liaise with your agency or client and start managing payments immediately.
Will I still receive holiday pay through an umbrella company?
Yes, as an employee of the umbrella company you are entitled to statutory holiday pay. This is either paid as part of your overall wage or accrued separately, whichever option you choose.
How do I get paid through an umbrella company?
Once we receive payment from your client or agency, we process it through our PAYE system. Your net pay, after deductions, is transferred directly to your bank account and you will receive a payslip outlining all of the deductions made.
Is working through an umbrella compliant with UK tax laws?
Yes, working through an umbrella company is fully compliant with UK tax laws. We operate within HMRC guidelines, and all taxes including Income Tax and National Insurance are deducted through the PAYE system. This ensures that you are always operating within the law and fulfilling your tax obligations.
How does working through an umbrella company affect my employment rights?
As an employee of the umbrella company, you have full employment rights including statutory sick pay, holiday pay, maternity/paternity leave and pension contributions. You are protected by employment law just like any permanent employee, with the added flexibility of contract work.