Umbrella calculators allow contractors to quickly compare thousands of umbrella companies, giving them a clear oversight of what they will receive from each, including their take home pay, the range of benefits they will receive, what services they will get from the company and how much they will pay in fees in return.
To find out more about how to use an umbrella calculator, Umbrella Supermarket have put together this handy guide to help you make the right decision in 2021.
There are many benefits to using an umbrella calculator, with perhaps the main one being that it takes the stress, hassle and hard-work out of finding and choosing the best umbrella company.
Unlike searching the web manually which can take hours of your precious time, an umbrella calculator lets contractors put in their details and generates a list of the best umbrella companies in just 2 minutes.
Not only is an umbrella calculator quick and easy to use, it also lets contractors compare umbrella companies based on their contractor preferences. After all, every contractor is different, which is why it’s so important to compare umbrella companies based on what benefits and services they offer. An umbrella calculator again makes this super simple to do, letting you put in your preferences and showing you companies best geared towards these.
An umbrella company also allows contractors to compare companies based on their fees. After all, we all know that umbrella costs is an important factor. The fee you pay will be taken from your take home pay, so it can have a big impact on your income. Thankfully, an umbrella calculator makes it quick and easy to compare umbrella companies based on their fees in one handy place, so you know exactly what you’re paying.
At Umbrella Supermarket, we will even let you save your results which you can revisit at any time, so there’s no need to rush into a making a decision. We also let you edit your information to see how this impacts your results, so you can be sure you’re making the right choice.
Finally, another benefit of an umbrella calculator is that it shows you what your take home pay will be under each umbrella company – we will even show you what your payslip will look like.
Those are the main benefits of using an umbrella company, so how do you use one?
With Umbrella Supermarket’s umbrella calculator, contractors can simply enter a few key details about themselves, such as their name, contractor rate and preferences, and our fully automated umbrella calculator will show you a list of umbrella companies best suited to you.
Here’s how:
We know that every contractor is different and has a different set of requirements. Whether you are looking for help with childcare credits, same-day payments or extra levels of insurance, every contractor is different and therefore needs the best umbrella company to suit their needs.
Start by entering your basic information and contractor preferences to ensure you will be shown a list of the best companies for you.
Once you’ve input your information and preferences, you will be shown an easy to read list of the most suited companies. Now it’s time to compare these companies to find the best one.
Using our umbrella calculator, you can see what level of service and range of benefits you will receive with each, so you can find the one best suited to your needs.
Next, you should compare umbrella companies based on the fees they charge. After all, you want to ensure you are getting a fair deal.
Umbrella Supermarket’s umbrella calculator makes it easy to compare umbrella company fees, showing how much each company charges and what services they offer in exchange for this fee, so you can find the best deal.
For more help on umbrella company fees, check out our handy guide.
Contractors are hardworking individuals, so it’s only natural that you want to know how much money you will take home at the end of the day, week or month.
Once you have input your details into our umbrella calculator, we make it easy to compare what your take home pay will be under each umbrella company. We will show you what your payslip will look like, including how much National Insurance and tax you will pay, plus any other additional payments that will impact your pay such as pension contributions.
If you have decided that 2021 is the right time for you to make the move to contracting under an umbrella company, it’s important you find the best company to work with. After all, there are thousands of umbrella companies out there all competing for your attention, so it’s crucial that you can cut through the noise and find the best fit for you and your contracting needs.
That’s where Umbrella Supermarket’s umbrella calculator comes in to help. Whether you are completely new to contracting or are considering moving from a limited company to an umbrella company, we make it quick and easy to compare umbrella companies to find the best results for you. Compare take home pay, umbrella fees, service level and benefits to ensure you are making the best move.
Whatever you’re looking for, whether it is more money, IR35 compliance or other benefits, we will help you find you perfect match in just 2 minutes. Ready to see what we can do for you today?
Any contractor considering switching to an umbrella company will want to know how to find the best provider to work with.
Although you could spend your precious time and energy searching the web for the best umbrella company, there is an easier way – using an umbrella calculator.
In this guide, Umbrella Supermarket explains why every contractor should use an umbrella calculator in 2021.
If you are considering contracting you will need to decide on PAYE or umbrella.
It can be a difficult decision to make and contractors will inevitably be questioning which option will be the best for them.
To help every contractor get on the right track for them, in this guide Umbrella Supermarket looks at PAYE vs umbrella, outlining the key differences and how this will impact you.
There are many reasons that contractors across the UK opt to work under an umbrella company.
Umbrella companies offer an easy way to contract and remove the need for the contractors to worry about the burdens of admin, finances, tax and IR35, all things that limited company contractors have to deal with.
For this reason, many contractors will be weighing up their options and questioning whether it is worth using an umbrella company in 2021. To help make the decision that little bit easier, Umbrella Supermarket has put together this guide on the pros and cons of using an umbrella company.
Any contractor that is considering operating through an umbrella company in 2021 will need to understand Umbrella Company fees - from why an umbrella company charges fees, how they are paid to how much the contractor will pay.
In this guide, Umbrella Supermarket answers those all-important questions to help every contractor know exactly where they stand when it comes to umbrella company fees.
If you’ve made the decision to contract through an umbrella company in 2021, you will next need to find an umbrella company that’s right for you.
After all, there are lots of umbrella companies out there, so how do you know which one to choose?
To help you find the best umbrella company for you, in this guide Umbrella Supermarket outlines what makes a good umbrella company, so you can rest assured you’re making the right move.
One of the many advantages to operating through an umbrella company for contractors is that they become an employee of their chosen provider.
In turn, this means that the contractor will be automatically enrolled onto the umbrella company’s workplace pension scheme.
To help contractors find out more about umbrella company pensions Umbrella Supermarket has put together this handy guide.
If you are considering contracting through an umbrella company you will naturally have questions and queries over how they work.
After all, making the move to umbrella can be a big step for contractors. To help, in this guide Umbrella Supermarket explains how to get started with an umbrella company and share our top tips for using one in 2021.
PAYE or umbrella is a question asked by every contractor. Which one you opt for will have a big impact on your contracting career and lifestyle. So, it's important to make the right decision for you.
To help makes things a little bit easier, Umbrella Supermarket has put together this guide on PAYE or umbrella, outlining the key differences between each, to help you make the best and most informed decision for you.
One of the many benefits to working through an umbrella company is that you will receive holiday pay as well as a range of other statutory benefits including sick pay, maternity and paternity pay.
To find out more about umbrella company holiday pay, and how to calculate how much you will be entitled to, Umbrella Supermarket has put together this handy guide.
Contractors must make several decisions throughout their contracting careers. One big decision contractors have to make is how they will operate.
One way that contractors can work is through an umbrella company.
Umbrella companies have become an increasingly popular way to contract in the past few years, offering many benefits to the contractor. But, how do you know whether this option is right for you?
To help every contractor make the right decision for them, in this guide, Umbrella Supermarket explains when not to use an umbrella company.
There are tons of benefits to using an umbrella company, which is why they have become such a popular option for contractors in recent years.
After all, an umbrella company takes away the stress and hassle of operating through a limited company whilst offering contractors a range of advantages, such as statutory rights, paying them a salary, deducting correct tax levels and National Insurance, and taking care of tasks like expense processing and invoicing.
However, as more and more contractors opt to use the services of an umbrella company, more providers have started to claim that they are HMRC approved.
To bust the myths around HMRC approved umbrella companies and get straight to the facts, in today's guide Umbrella Supermarket look at whether HMRC approved umbrella companies really exist, so you know exactly where you stand.
If you're considering making the leap to contracting, you will understandably want to know how much you will have to pay in umbrella company costs. After all, this amount comes directly out of the contractor’s pocket, so it’s important to be clued up on how much you should expect to pay.
To help contractors, in this guide Umbrella Supermarket answer the all-important question of how umbrella companies cost in 2021.
