Payroll

Umbrellas

Keeping it simple

More Control, Less Hassle! As a contractor or freelancer, you have the option to operate as a sole trader or a limited company. While both options have their own advantages, becoming a limited company can offer several benefits for your payroll purposes.

Tax Efficiency

One of the main benefits of operating as a limited company is the tax efficiency it offers. As a limited company, you will pay corporation tax on your profits, this is often lower than the income tax rate paid by sole traders. Additionally, you can take advantage of tax-deductible expenses.

Limited Liability

Another advantage of operating as a limited company is the limited liability it provides. This means that the company is a separate legal entity from you as an individual, which can protect your personal assets in the event of any financial or legal issues.

Professional Image

Becoming a limited company can also enhance your professional image. Clients and potential customers may view you as more established and credible, which can help you win more business and charge higher rates.

More Control

Operating as a limited company can also give you more control over your finances and business decisions. You can choose how to allocate profits and dividends, and you have the flexibility to reinvest in the company or take money out as you see fit.

Here to help

Advice you can count on

Our team can help you understand whether a limited company is the right fit, from setup and ongoing admin to tax-efficient support that keeps you compliant.

We take time to understand how you work, then guide you towards the right ltd company services, accountancy support, and next steps for your contracting setup.

0800 066 2776

Testimonials

What our clients think about us.

"Excellent services, no issues at all, everything was well explained. I was so pleased with the services that I contacted my colleagues to change. Perry is very helpful and professional."

Elsa Louw

"Excellent! The service is exceptional. The workers responded promptly and provided information in a timely and clear manner. I felt they had my best interest at heart. It is amazing that I was set up so fast. Information easy to follow. I will recommend this service."

S Hamilton

"Provided excellent support to a novice locum OT and was supportive throughout the process, spending time to go through everything I needed to understand. He was very patient and friendly … just the kind of person I needed. Thank you so much."

Kim U

"Prie is clearly amazing at his job. I came into the situation knowing very little about the whole process and left highly informed. Explained things in great detail without over complicating them. Very pleasant experience. Gave me the time I needed to decide my options without being pushy."

Bradley T

"Jack is a brilliant payroll expert with all the time in the world for both his clients and contractors, I couldn’t recommend him anymore if I tried."

Ben W

"I had a great call regarding umbrella companies, and Jake came to me with lots of information, many details that usually umbrella companies don’t tell me. At the end of the conversation he made a recommendation and even could put me through that company."

Peter K

"Perry has been absolutely helpful, understood my query straight off, and took no time at all to resolve. We need to have more people like Perry who are accommodating and very friendly, a credit to the service."

Una DSouza