Umbrella Company Salary and Expenses
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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
What do our clients say?
My first encounter with Parasol wasn’t the most conventional. I first heard about them through my wife who was working with the CEO at the time and she had nothing but good things to say. So, when I decided to leap in to contracting five years ago, Parasol was the firm choice.
The communication level has always been fantastic. Parasol’s team is friendly and attentive on the phone and no matter what contract length, Parasol has supported me all the way and I never feel forgotten.
Deciding to make a change in your career can be daunting, but the easy process, intuitive online portal and quick action if there’s ever been a problem, has made contracting a lot easier and I can’t recommend them enough.
The only consistent bit about contracting is working with Parasol and I love it!
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.
I have been a contract writer and content editor since early 2014, and have used Parasol from the start. I can't fault the company's service, and even when an error has previously been made by a third party, Parasol has sorted it.
As well as the customer service staff being helpful and incredibly speedy at responding, the online payment portal is a joy to use. I wouldn't say many could go far wrong in choosing Parasol as their umbrella agency.