UmbrellaSelector.com helps Contractors and Recruiters choose an Umbrella Company for their next contract.
Who are we?
UmbrellaSelector.com is run by Duncan Macintosh and Tim Burgess. We've worked in recruitment, as contractors and in contractor management. We've worked for and with umbrella companies around the world and we've helped contractors on assignments on every continent (except Antartica!). We even ran an umbrella company in the UK for almost 10 years. So we understand the industry from the perspective of a contractor, recruiter and provider. We use this knowledge to help you find competent providers who you can trust with your earnings. We only deal with umbrella companies who, in our experience, deliver fantastic and reliable service.
What is an Umbrella Company?
Umbrella Companies are known under a few different names around the world such as Contractor Management Company, Professional Employer Organization (PEO), or Outsourced Payroll Provider. They handle admin and payments on your behalf so you have more time to focus on work. Although the umbrella company technically becomes your employer, you still function as an independent contractor. The main difference is that your payments are filtered through the company, and they handle your taxes and any other fees before processing the payments to you. They protect you from the persistent rain of administration, taxes and legal compliance. If you don’t understand the system of tax for contractors then an umbrella company can save you a lot of time and effort.
Why use an Umbrella Company?
By using an umbrella company, you will guarantee yourself the highest possible earnings through the tax system. Umbrella companies understand the local tax system and help you keep more of your hard-earned money. They do all this while complying with all rules
and regulations for contractors. The amount of admin work you have is drastically reduced because the company will handle all payments and calculations for you. All you have to do is present them with your time sheets and expense claims and you will be paid the day they receive the funds. They handle invoicing the client and chasing payment, saving you time chasing up your earnings.
Umbrella companies are suitable for any contractors who don’t want to waste time collecting payments or calculating and paying their taxes. Whether you are completing long or short contracts, and no matter what your salary range is, different companies have different solutions available to you. The biggest benefit of an umbrella company for most contractors is that a high proportion of your income comes back to you. With a team of professionals handling your payments, you keep more of your earnings and have no problems with the tax authorities. You’ll also be given pay slips and tax receipts for your personal files. Additionally the largest umbrella companies are well versed in international tax so they can advise you on your tax requirements in your home country as well as your work location.
Another big benefit of umbrella companies is that some can sponsor you for a work permit. Most countries require you to have a work permit if you intend to be paid for any work completed in the country. The best way to get these is through a local company, and this can make the process especially difficult for independent contractors. Established umbrella companies can often sponsor your work permit and therefore
make it easier to do international assignments.
Why use UmbrellaSelector.com?
We help you choose the right Umbrella Company for you. There are a huge number of umbrella companies and picking between them can be overwhelming. We have a network of providers all over the world and we help you understand your most suitable option from all the varying payment structures, diverse specializations and different services.
Our company gives you solid, reliable and well-informed advice in easily understandable language. We aim to help you find the best umbrella company for your specific needs. The main benefit of our service is that we have a detailed knowledge of the various service providers available. We know about their services and their offerings and which ones can help you specifically. You can ask us any questions you might have about the companies, contracting, or about umbrella companies in general.
The biggest selling point is that we do all of this at no cost to you whatsoever. We can give you an overview of the options available to you and help you find the perfect umbrella company for your needs. Then, after you’ve signed up with one, you can forget about tax calculations, payments, collecting your fees and finding a sponsor. You’ll be able to spend more of your time on the most important thing, your work.
What is the process?
It couldn't be simpler. Just fill in our contact form and we'll get in touch with details of who can help you and how. It helps to tell us some key information
- Where is the contract
- Estimated Start Date
- Job Title
- Is a visa required?
How long does it take?
We aim to respond same day to most enquiries but this depends on your timezone - because we are covering almost every country in the world. You'll definitely get a response from us within 1 business day. Once you've decided which provider to use, getting setup with an Umbrella Company provider can take just one phone call. Note that processing times for individual Umbrella providers may vary according to the services required and location.