Umbrella PAYE Solutions

Streamline payroll management while ensuring full compliance and maximising net income.

Industry Leading Umbrella PAYE Solutions

Futurelink’s Umbrella PAYE Solution is the perfect choice for contract workers who prefer to have their income tax and National Insurance (NI) contributions managed by the payroll company. For those deemed to be working inside IR35 (see our IR35 Hub for more details), you will be required to have employed PAYE status.

Futurelink’s umbrella solutions fully comply with legislation, submitting all tax and NI deductions to HMRC through the RTI (Real Time Information) system.

Benefits:

  • Not only does Futurelink manage all necessary tax deductions at source, but our solution also offers SSP (Statutory Sick Pay) and SMP (Statutory Maternity Pay) to every worker, along with a comprehensive Pension Scheme offered through NEST.
  • You can claim on certain out-of-pocket expenses such as travel and overnight accommodation, which can reduce your tax liabilities, thereby improving your take-home pay.
  • Agencies and end-clients can save on employment costs when partnering with Futurelink Group. 
  • Furthermore, we help to reduce administration and improve overall efficiency in managing contractor payments.

Get in touch with us today to discover which of our payroll solutions is best suited for your needs, and how you can maximise your take-home pay.

Key Features

There are many benefits for the worker and client company when using Futurelink’s Umbrella solutions. Our management fee includes Personal Accident, Employers Liability, and Public Liability Insurance for the worker.

We also provide the following:

Daily Payrolls

We run daily payrolls all week from Monday to Friday, and twice on Fridays!

Same Day Payments

We make sure that workers are paid on the same day we receive the funds.

Holiday & Sick Pay

You will get full access to holiday pay and statutory sick pay.

Pension Scheme

Access to a workplace pension scheme and a secure online worker portal.

Helpful Information

We have put together some useful information below based on questions that we are frequently asked.

Umbrella payment solutions are a type of financial service offered by payroll companies that act as the employer for freelance and contract workers. The payroll company takes on complete responsibility for paying the worker, covering various aspects like taxes, holiday pay, and sick pay. These service providers such as the Futurelink Group, ensure full compliance while minimising tax and National Insurance (NI) liabilities, leaving workers with higher take-home pay.

Our solutions ensure compliance with complex regulations, streamline payroll processes, alleviate administrative burdens, and ensure timely and accurate payments. Ultimately, we support workers across various sectors by managing tax obligations and accounting responsibilities, while offering indemnification to agencies and end clients.

Wondering how you could benefit from using an umbrella payment company?

An umbrella company takes care of all invoicing, administration, and processing of worker payroll, saving clients time and money on employment costs and payroll administration. In addition, as the umbrella company, we become the employer of the worker. This makes us responsible for removing any compliance risks associated with tax and insurance, allowing the end client to focus on the core part of their business.

Futurelink offers a centralised platform to ensure compliance with complex tax laws, regulations, and employment requirements. We streamline payroll processes, reducing any administrative burden and ensuring accurate and timely payment while managing tax obligations.

Using an Umbrella company is pretty straightforward. This is how it works:

  1. The worker registers with the Umbrella company.
  2. The worker then engages with the end client, sometimes via a recruitment agency.
  3. Hours and expenses are recorded, and timesheets are submitted from the agency to the Umbrella company.
  4. Funds are sent from the agency to the Umbrella company’s bank account.
  5. Tax and NI deductions are made by the Umbrella company and the worker is paid.

Want to know more about our Umbrella Payment Solutions? Please call us on 01923 277900 or contact us to find out more.

Can’t decide which path to take? Let us break it down for you…

It can be tricky for a contract worker to choose which path to take since there are benefits to being both employed and self-employed. Here at Futurelink, we can offer advice on which solution is the most suitable.

We will first determine the status of the worker by using an SDC (supervision, direction, and control) questionnaire. This is a set of questions that help us decide whether the worker can be self-employed or not. Should the worker require employed status, our team is ready to explore additional avenues while continuing to assist in reducing their tax liabilities.

Where a worker is deemed supervised in some capacity, we recommend a PAYE option. In doing so, Futurelink manages the worker’s tax and NI deductions before any payment is processed. Moreover, we provide an allowance for expenses that align with HMRC guidelines, serving to reduce tax and NI, and increase take-home pay. 

When a worker passes Futurelink’s SDC questionnaire, we can offer either a Gross Payment, CIS Self-employed, or Limited Company solution. For Limited Companies (or Personal Service Companies), Futurelink Accountancy Services can assist in setting up and managing a business. All self-employed options require workers to pay their own NI and tax contributions, and an end-of-year tax return (self-assessment) must be completed.

Need any more information? Feel free to give us a call at 01923 277900 or contact us to find out more.

Our Testimonials

You can see some of the lovely words from our clients below…

Rob P
Energy Recruitment Agency
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"We are an internationally working recruitment agency working with contractors living and working both in the UK and abroad. We have worked with Futurelink since we were established and they have consistently provided excellent support to our contractors. Payment processing times are faster than other umbrella companies that we work with support is clearly a priority to them. I would have no hesitation in recommending Futurelink to any other potential clients. I’d like to pass on my thanks to Andrew, Craig, Daniela and Wojciech and the rest of the team for all their hard work."
Neal F
Energy Recruitment Agency
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"I find working with Andrew a pleasure. He is a fantastic representative for the Futurelink group, provides an efficient, speedy and quality service. Andrew is always available to assist with any questions or task and would recommend any agency using Andrew and the Futurelink group for umbrella services."
Craig P
Engineering Recruitment Agency
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"Referrals aside you guys are head and shoulders above most umbrella companies I have worked with. Excellent customer service and your employees couldn’t be nicer or more accommodating. Liz in particular is always on hand to help."
Frank M
Security Recruitment Agency
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“We at Gemini would like to thank you and your team for all your help and support in connection to payroll solutions. We find Futurelink Groups approach to be responsive to action when required with a courteous and bright manner – keep up the good work!”
Chris S
Project Manager
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"Just a quick message to thank yourselves for the service I am getting from you! Every email or problem is replied to and resolved almost immediately, couldn't ask for a better company to be doing my payroll. I have used a few over the years and this is second to none.Would like to thank Daniela and the 2 Gemmas for their help. Would recommend Futurelink to anyone - Keep up the good work!"
Martin S
Offshore Surveillance Engineer
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"Superb service! Prompt, reliable, quick responses to enquires. Would 100% recommend. Many thanks to the entire team."
Emanuele
Contract Worker
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"I’d like to thank you Liz for your kind availability and professionalism. A breath of fresh air!"
Victoria K
Specialist Construction Company
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"All is great our end, and always runs nice and smoothly, which is great."
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How Do You Get Started?

Getting set up under an umbrella company is actually pretty simple. In fact, it’s probably the easiest form of self-employment that is available to you.

Here at Futurelink, we will help you throughout the whole process. Get in touch with our team now and speak to an expert for an initial consultation completely FREE of charge.

All you have to do is either give us a call on 01923 277900, drop us an email at sales@futurelinkgroup.co.uk or complete the form below and a dedicated member of our team will get back to you as soon as possible.