If you are a contractor, an umbrella company makes your Pay As You Earn (PAYE) and National Insurance deductions, ensuring that you pay the right amount to HMRC. It takes on the employer liability for you, and you provide services to FRS’s clients.
If you are thinking of providing services to a recruitment agency or end-client on a contract to contract basis, using an umbrella company such as FRS is the perfect way to reduce the burden of contracting.
Having full employment rights is important, as you will still have access to state benefits, such as state pension, statutory sick pay and maternity or paternity pay.
Using our contractor engagement solutions will also provide you with a record of continuous employment, helping with mortgage or loan applications. Our personal service also means that you will always be on the right tax code.
Quite simply, it is the easiest solution for contractors to be employed legally and to be tax compliant.
Very easily. You register with FRS as an employee under our umbrella and we look after you.
The agency you are providing services to will send FRS the contracted rate agreed. We will make all relevant deductions and we will then pay the net wage into your account through a highly secure transfer service. It’s as simple as that.
FRS will also text you the amount of pay you will be receiving and we’ll email your weekly payslips, showing all the relevant deductions and expenses. All of this is done safely and securely as we encrypt your payslips.
We could well be the right solution for you, if:
*should you be eligible to claim following review on registration and certain criteria are met