Is umbrella the solution for you?

As a new contractor, you may find running your own business a little daunting. If you’d rather master the basics first, read how our sister company Parasol can help.
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So you’ve decided to make the leap from permanent employment and reap the benefits contracting can bring – good choice! Of course, we know that such an important decision isn’t taken lightly, and you’ll want to be sure that you pick the route that best fits your own circumstances.

If you’re brand new to contracting, you might want more hands-on assistance. That’s where an umbrella company such as our sister firm Parasol can help. They’ll take care of all the extra admin and provide all the rights and benefits enjoyed by permanent employees – including sick, holiday and maternity and paternity pay.

All you’ll need to do is regularly submit your timesheets and expenses claims and they’ll take care of everything else – it’s that simple!

Our best advice team can give you in-depth advice on the pros and cons of being a limited company to help you make the most suitable choice, so get in touch with them today.

Reasons to choose umbrella

You want to get a feel for contracting before committing to a long-term career

You don’t feel confident managing your own tax affairs

You earn less than £35,000 a year

Your assignments are less than six months in length

Could you make the leap straight to limited?

 

But before you rush to join Parasol, why not stop and think a few things over? Could you handle taking on a little more responsibility in return for a much bigger reward? Are you comfortable dealing with your own accounts (with our help)?

 

If the answer to these questions is ‘yes’, then read on! At ClearSky Contractor Accounting, we’ll make setting up your limited company as hassle-free as possible. We’ll help you stay on top of your responsibilities so that you can concentrate on what you do best.