How Focused umbrella works
Why use an umbrella company? An umbrella company gives you legal employee status and handles all the paperwork. It’s the simplest solution for most contractors, with no unexpected tax bills and because you’re employed you will still have access to statutory benefits such as a state pension and maternity pay. We are able to provide you with a single long term employment which will help with mortgage or loan applications, will ensure you’re always on the right tax code and means you’ll have just the one pension pot to manage.
Why choose Focused? In April 2016 the rules on the ability to claim tax relief on allowable Travel and Subsistence changed for contractors inside IR35, however if you are not subject to Supervision, Direction or Control or the right of Supervision, Direction or Control you may still be able to claim tax relief on allowable Travel expenses.
So, regardless of whether you are or aren’t subject to supervision, direction and control Focused can provide the perfect solution for you. We have developed our service to ensure that contractors get paid on time, every time and stay HMRC compliant, with minimum fuss. Many experienced contractors join our employment each month and wonder why they hadn’t switched sooner, below are just some of the benefits of working through Focused:
- Continuous employment – helps with mortgage or loan applications and only having your pension building up in one place.
- Statutory benefits – access to SMP and SSP.
- Online portal – Process timesheets and view payslips.
- Mobile app – Access your holiday pot, view your latest payment details or check the status of payments.
- Exceptional customer service – Freephone helpline for any questions, text messages confirming when you have been paid and pro-active calls throughout the year.
- Employee rewards scheme – access to personal accident insurance, exclusive discounts on over 2000 High Street products.
- Inclusive insurance – £10m employer’s liability, £5m public liability and £5m professional indemnity insurance cover.
- Employee loyalty scheme – 3 lucky contractors each month are drawn at random to win prizes worth £100s.
- Independent Financial Advisor access – Get help securing that mortgage, loan or other financial product with our experienced partners Haven Global Strategies Ltd.
- Peace of mind – Fully compliant service.
- Competitive Weekly Margin – Let us provide you with a personalised illustration of your expected take home pay, call us on 01732 897 549 for more information
There are many umbrella companies in the recruitment sector however not all follow the strict rules laid down by HMRC. Please be aware that whilst their corner cutting may sound appealing it is you who would face the liability of underpaid taxes in the future. You can rest assured that with Focused you are in safe hands:
- We offer a REAL contract of employment
- We engage with the recruitment agency / end client on your behalf
- We invoice for your services, chase payment and deduct tax and NI at source, keeping your affairs in order from day one
What do I do now? Well there are no joining fees and it’s so easy to join us – you can sign up in just ten minutes! You can join directly using our online joining portal or by speaking to one of our Contractor Specialists on 01732 897 549 who will go through what you need to do over the phone.