Contractor Umbrella Company

Many freelancers will have to choose on each assignment between an umbrella company or a limited company solution. Anyone choosing an umbrella solution needs an organisation they can put their faith in. We believe that the ICS Umbrella solution can be that choice for contractors across a wide range of industries.

An umbrella solution is the preferred option for people starting out as contractors, for short-term assignments, and those operating within IR35, as it provides a hassle-free way to get paid for your work. Longer assignments, especially outside IR35, can benefit more from setting up a limited company. Please note that these are rules of thumb – there will be exceptions!

Finance Professional working on a laptop

Once you become an employee of ICS Umbrella you will receive access to our ICS Umbrella Benefits Portal. This gives you the potential for huge discounts on your shopping, health and wellbeing amenities and more!

Reasons To Choose ICS Umbrella

FCSA Accredited

20+ Years Experience

Competitive Margin

 

Insurance cover

Referral Offer

Benefits Portal

Account Manager

Workplace Pension

Statutory Rights

Holiday Pay

Benefits of Using the ICS Umbrella Solution

We’ve developed our employee benefits to give contractors working with us the tools for a brighter, healthier, and happier future.

Get access to hundreds of discounts from top retailers online and on the high street, and take advantage of our Wellbeing Portal, designed to give you the education, support, and tools needed to maintain and improve your physical and mental health.

Unbeatable Discounts

Save money on the things you were already buying. Access discounts on everything from groceries to holidays, from cinema tickets to new technology!

Employee Discounts

Wellbeing Centre

Be the best version of yourself while working and in your personal time. Take advantage of the support ICS Umbrella can offer.

Wellbeing Centre

How Do Umbrella Solutions Work?

A typical umbrella employee is usually working on assignments of less than six months. They’re often first-time contractors, especially those who aren’t sure whether contracting will be their future long-term.

There are also some industry sectors which are better suited to umbrella solutions.

The biggest benefit to an umbrella solution is to make receiving payment, handling tax and National Insurance contributions much simpler, without your having to maintain calculations or set aside deductions yourself. The flow diagram to the right shows the full process.

If you know you’re going to be contracting long-term, especially on longer assignments, you may find a contractor limited company solution is more appropriate for you. If you’re not sure, why not fill out our contact form or call the team on 01524 580 720? We can discuss the specifics of your situation and help you understand exactly which will be best for you.

Umbrella Process Diagram