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FIND THE PERFECT UMBRELLA COMPANY

At My Contractor Pay, we make finding the right umbrella company easy

ABOUT US

We take the time, hassle, and stress out of finding an umbrella company that’s just right.  After all, we know contractors have enough on their plates without spending their precious time comparing hundreds of providers.

Our friendly and professional team works closely with contractors to get to know their circumstances and requirements so that we can recommend only the best umbrella companies tailored to your needs.

Services

How we can help

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Whether you are brand new to contracting or have years of experience behind you, My Contractor Pay is here to help you make the best decision when it comes to choosing an umbrella company.

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We understand the importance of finding an umbrella company that perfectly fits your contracting needs. After all, every umbrella provider is different. Some offer a wide range of services to support the contractor’s needs, while others are more hands-off. Some charge more in fees, and others are cheaper.

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That’s why we get to know your circumstances to provide the best recommendations designed for you. We take the hard work out of comparing umbrella companies so you can get on with the rest.

Why My Contractor Pay?

Our friendly team is here to make contractors' lives easier. We get to know you and your contracting requirements to help you make an informed decision. We are always on hand to help, offering the support you can rely on.

We only ever recommend umbrella providers we know we can trust. All our partners undergo strict checks before joining us, so you're safe knowing that you will be using a compliant umbrella company with your best interest at the forefront of what they do.

Our team saves contractors the time, energy, and effort of finding and comparing different umbrella companies, giving you more time to spend on the things that matter to you.

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Customer Service

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Compliance

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Efficiency

Umbrella Company

Are you overwhelmed by all the different options out there? When it comes to finding an umbrella company, plenty of providers compete for your attention, all claiming to be the best. This can make decision-making a difficult task.

After all, many contractors will simply opt for the cheapest provider. However, this can mean you miss out on much-needed help with child credits, pension, and expenses. It can cost you more than if you opted for a company with a higher fee, as you may miss out on tax breaks.


My Contractor Pay is here to cut through the noise and do your research, due diligence, and hard work.

Limited
Company

There's much to consider regarding an umbrella company vs. a limited company.

Some contractors will choose to operate through a limited company. A limited company is owned by shareholders and controlled by directors. In many cases, contractors will be the sole director and shareholders of the limited company.

Although working through a limited company can be more financially viable, it is considered a more tricky and time-consuming option. This is because limited company contractors are responsible for all the admin and paperwork that comes with running a company, invoicing clients, chasing payment, setting up payroll, and filing tax returns.

On the other hand, an umbrella company takes care of these time-intensive tasks for the contractor, freeing up more time to get on with the contract at hand.

IR35

Worried about IR35? We're not surprised - thousands of contractors across the country have had their IR35 status wrongly classified and paid more tax.

The solution? Operating through an umbrella company. Contractors who use an umbrella provider become employees of their chosen company, meaning umbrella contractors are exempt from IR35. That gives you one less thing to worry about.

CONTACT US

To learn more about how MyContractorPay can help you take the first steps to find the perfect umbrella company and kickstart your contracting career, why not get in touch with one of our team today?

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