Umbrella Company (Payroll Services)
Umbrella companies have become more prevalent in the UK since the British government introduced the"IR35" legislation where workers receive payments from a client via an intermediary company providing payroll services.
Therefore, a significant number of agencies now prefer that their workers and contractors use an umbrella company as it relieves them of time consuming administrative and payroll duties, insurance obligations, Income tax and National insurance deductions and obligations.
Agencies are guaranteed peace of mind as they are confident that their contractors’ taxes are being handled efficiently and compliantly by a professional company.
Angels Finance and Management Ltd is fully compliant with the HMRC and we will Act as the Third-Party Employer of the Contractor.
Our Processes and Responsibilities:
Our company is fully compliant with the HMRC payroll legislation.