As a contractor in the UK, selecting the right umbrella company is a crucial step in managing your payroll and taxes. With numerous options available, it can be challenging to determine which one best suits your needs. To simplify your decision-making process, we have compiled a comprehensive checklist of the top 10 factors to consider when choosing an umbrella company.
Reputation and Authorisation:
Research the company’s reputation by reading online reviews and testimonials from other contractors. Additionally, ensure that the umbrella company is authorized by the Financial Conduct Authority (FCA) to provide umbrella services, which adds credibility to their operations.