UK UMBRELLA COMPANY AND THEIR SERVICES

There are several advantages in hooking up with a UK Umbrella company.  One of them is that the UK tax umbrella company you choose to go with will take the hassle away from you in dealing with spreadsheets, payroll and company accounts as well as getting involved in running an every day limited company.  The most common Umbrella company tax service is the Salary Only Scheme.    

With the Salary Only Scheme, all the income earned is paid by salary only and does not work outside of the IR35.  Reasonable expenses are allowed with the Salary Only Scheme.  Some of the expenses that qualify under the UK Umbrella companies include: travel, hotel room expense, clothing that is purchased to protect your regular everyday clothing, training and food that is due to the hotel accommodations.  To determine what you can claim and can’t claim, check with your Account Manager.  Only claim what you have actually paid for and always keep receipts as proof.