When looking for an umbrella company, you should ask, "Dear umbrella company..."
"...have you negotiated tangible, IR35-compliant terms directly with HM Revenue & Customs?"
"...could I be investigated by HMRC?" (Not a reassuring prospect.)
"...if "yes", can you prove you have insurance protection to cover legal fees, backdated tax and interest on unpaid tax and fines?"
"...will I be given a personal business manager to handle admin and invoice-chasing?"
"...do you offer ongoing tax-planning advice?"
"...do you offer a UK-compliant holiday and sick pay facility?"
"...do you offer professional insurance of at least £20m?"
"...will you give me access to a solicitor to check the employment terms and restrictions of my contract?"
"...will I be able to submit expense claims online?"
"...do you offer a personal pension, and allow me to save tax and NI by contributing part of my gross income towards it?"
"...can I see a credit report for you and your insurers?"
"...how will you support me if my agency or client pay late?"
Tarpon can provide all the answers you need to hear.
Click here for more information about the benefits of contracting through Tarpon.
To speak to one of our tax experts call 0800 434 6402.
