If you're a contractor or freelancer, Paraplus umbrella company can handle your admin and tax returns, making life simple and hassle free. You'll never have to worry about admin again with our services!
We'll maximise your take-home pay for a minimal margin, giving you a transparent, easy-to-understand payslip
Reasons to choose Paraplus umbrella company:
What makes Paraplus different from other umbrella companies?We pride ourselves on being fair and transparent to our customers, providing a great service that contractors, freelancers and temporary workers find valuable above other umbrella companies. Whether its low margins, great customer service or making your life easier, we want to help you.
Your contracting life should be hassle free, without spending time and effort on your admin. So that's where we come in, our services make contracting simpler. With our easy to use system, great customer service and a dedicated Personal Account Manager, you're contracting life will be easier than ever!
When you’re a freelancer, contractor or temporary worker, the hassle of filling in tax returns, claiming expenses, chasing payments and not having the professional advice you need can be difficult. That’s where umbrella companies can help. Paraplus is an umbrella company, helping contractors save time and money. We handle your paperwork and admin, making your life easier and stress free! We also maximise your take home pay by offsetting your expenses, so you can enjoy some tax relief!
So what else do we offer for contractors, freelancers and temporary workers? Well, you’ll be paid on time every week you work, you’ll have a dedicated Personal Advisor for help and expertise, get access to an easy to use online system for logging your expenses and timesheets also enjoy the benefits of Tempsure™ membership, meaning insurance cover, retail discounts and a free legal helpline.
How does an umbrella company offer more take home pay for contractors?
If you have expenses to claim as a contractor, these amounts can be offset against your taxable pay, offering you tax relief and reduced tax liabilities. This tax relief is then passed on to your payslip, so your take home pay increases and you get the full benefit. Paraplus' PAYE system maximises your take home pay, so as long you claim expenses you should benefit from the tax relief and higher take home pay. Our unique margin structure is based on a % of the expenses you claim, so that your tax relief will always be higher than our margins, meaning you'll always save more than you pay.
We offer a whole host of benefits for you, so you get the most out of our service. This includes tax relief on your expenses, HMRC compliance, the industry's lowest umbrella company margins, a Personal Account Manager, legal, tax and insurance guidance, a friendly, helpful team with experience and expertise and on an online expense and time-sheet system. It's an easy, simple service but you'll get maximum value for your money! Additionally, as our margins scheme is based on how much expenses you claim, your tax relief will always be higher than the amount you pay weekly!
How does an umbrella company margin structure work?
Umbrella company Paraplus offers a very unique margin structure for contractors, where there are no minimum margins. Your weekly margin depends on how much expenses you claim, with the maximum margin being £15. On this basis, due to the tax relief you'll save from claiming expenses, our margin will always be less than your tax relief.
What makes Paraplus umbrella company fair and transparent?
Paraplus umbrella company always operates in an ethical, upfront and honest way with our contractors, making sure you understand how our services work and each item on your payslip. Your tax relief and the calculations are explained to you by your Personal Account Manager, who's always approachable with friendly, helpful advice if you have any questions. We're also fair because our margin structure is unique, meaning you will always save more money than you pay each week. This works calculating your margin depending on the amount of expenses you claim, with no minimum margin and a maximum of £15. That way, you're getting the most out of Paraplus umbrella company!
How quickly can I sign up to Paraplus umbrella company?
Signing up to Paraplus couldn't be easier for contractors. Just call us on 0844 846 0444 or visit the 'contact us' section on this website and we'll register you to parpalus. With umbrella companies, the registration process is quick, easy and simple to make life hassle free for you. We keep your details confidential and will never pass the information on to a third party. You don't have to worry about minimum joining periods either, you can join or leave when you want because we know that you need to be flexible and situations can change from time to time when using umbrella companies.
When are umbrella companies useful?
Umbrella companies are ideal if you are looking to freelance or contract without the hassle of administration and paperwork. Whether you’re on a long term or short term assignment, umbrella companies can be a great solution for you. Umbrella companies can save a lot of time and hassle, as you no longer chase your clients for payment because you’re guaranteed to be paid on time, whilst you’ll also enjoy the benefits of a Personal Advisor ready to offer you expertise and advice when you need it.
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