Salary and expenses how does it work?

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An umbrella company acts as your employer, they process your timesheets, expense details and pay your salary.

Parasol makes contracting easy and takes away the stress of dealing with your own company finances and accounts. Being on our payroll means your income tax and national insurance is deducted from your earnings before it is paid to you, essentially you are still a PAYE employee.

You will be able to claim back things like travel, eating out while on business, training and electronic equipment. Find out more information on what sort of business costs and expenses you can claim in our guide.

Want to join Parasol? Get in touch with our team today to get started.

Benefits of Parasol

Support that’s second to none – our expert team is on hand 8am-7pm Mon-Fri, and is even available on Saturdays 10am – 4pm

Swift payment – we run up to five payrolls per day and can process same-day payments too

Ditch the paperwork – our innovative online portal is available 24/7, allowing you to submit timesheets, claim expenses and track your pay

We listen and learn – providing the best possible support is really important to us

Calculate your income

What do our clients say?

I have been working with Parasol on a few different contracts since 2012 and I have been very satisfied right from my initial conversation. I cannot say enough how everyone at Parasol is extremely friendly, welcoming and always helpful. I was very pleasantly surprised how easy it was to set up an account; Parasol did everything for me and explained all the steps. The website is so easy to use, beautifully designed and user friendly. It’s an absolute pleasure to deal with everyone at Parasol, they always put me at ease, help with all my queries and issues and make me feel welcome at all times! Thank you for your hard work, I am aware of it every minute I speak with you and I’m grateful, as you’re a model of what a customer service should be like!

Beatrice Tamasova

I was first introduced to Parasol by a recruitment company and I was pleased with their recommendation. From my very first phone call with Parasol I could tell that I was dealing with a professional and reliable company. The team answered all my queries and clearly explained the processes involved in becoming a contractor. Any worries I had immediately melted away. Every time I’ve dealt with Parasol I’ve had quick responses, clear direction and the person at the other end of the phone has always been polite and patient. I never dread getting in touch. In addition, Parasol’s intuitive online portal allows me to submit my timesheets and expenses with ease, meaning I can concentrate on my assignments.

Scott Gilligan

Parasol has been a great support to me in my contracting career. I first heard about umbrella companies in 2006 and after a shaky start in contracting, I joined Parasol and never looked back. Parasol’s undivided attention on the phone is great and the online portal is quick and easy, making the process of submitting my timesheets and claiming expenses extremely straightforward. The portal continues to improve and my weekly pay slips are now laid out very clearly, and are easy to print. A few years ago I was considering going Limited, and I got in touch with Parasol’s sister company, ClearSky Contractor Accounting. They were very helpful and assessed me according to my recent record with Parasol. In the end, I decided that limited company wasn’t the best option for me, but I would recommend Parasol and ClearSky to anybody looking to further their contracting career.

Denis McMahon