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Call 0800 169 1191


Email info@umbrellarequirements.co.uk

Frequently Asked Questions


What is an Umbrella Company?

An umbrella company acts as an employer to contractors who work through recruitment agencies on fixed term assignments. Umbrella companies provide services that enable freelance contractors to have the flexibility of working on different assignments without the administrative burdens of running your own business.

 

The services of Umbrella Requirements offers you a simple and effective alternative to running your own Limited company – removing the burden of managing the time consuming administrative duties, financial complications and onerous responsibilities of managing your own business. We take care of your invoicing, billing, tax and expenses, allowing you to concentrate on doing what you do best.

 

How do I submit a timesheet?

Umbrella Requirements provides you with secure login details to our easy to use timesheet portal where you submit your weekly time sheets and expenses claims. Our system can be used for multiple assignments and you can access it securely from wherever you are, 24/7. The portal allows you to;

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  1. Input your time sheets
  2. Provide details of business expenses
  3. View your contract documents
  4. Review payment history
  5. View payment progress

What expenses can I claim?

Umbrella Requirements provides you with a clearly written expenses policy that fully explains the legitimate business expenses you are able to claim that can be offset against your tax.  


How and when do I get paid?

Once you have submitted your timesheet to us, we send an invoice to your agency or directly to your client. As soon as we receive the payment we will transfer the funds the same day via Faster Payment Service. We will also send you a text message to let you know that the payment has been made. 


What are the fees?

Our fee structure is clear and simple with no joining charges or leaving penalties. There are no hidden charges at any stage of the process and you will not be liable for fees when you are not working. Our standard fee structure is fixed so you know exactly what you pay for the services you receive. We charge £25 per week, and as the charge is tax deductible it equates to as little as £16.25!


Do you provide insurance cover?

Yes, we do. By joining Umbrella Requirements your insurance needs will be taken care of through our corporate insurance package; which includes Professional Indemnity, Employers Liability and Public Liability policies. We would be more than happy to provide you with further details of our corporate insurance policies and we would welcome the chance to speak to you about your specific insurance needs


If you can't find the answer to your questions on this page, please use the form below to send your query to us. We'll be in touch as soon as possible with the answer.

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