What makes the Jacring & Associates Umbrella different?
The Jacring and Associates Umbrella was born from our desire to assist our contractor clients in the best possible way.
In 2017 HMRC changed which entity is responsible for determining IR35 contract status in the public sector, and 2021 in the private sector. These changes mean that contractors will need an umbrella service to work alongside and in conjunction with their accountant. We looked for a solution to recommend, but all those we considered fell short of our expectations and the service levels our contractor clients deserve.
Here’s why.
With the Umbrella services we considered, we discovered contractors would not have access to a qualified accountant to advise them. This is critical if you are going to make as much money as possible through contracting.
You need to be able to switch between contracting through your umbrella or your personal service company (PSC) to make certain you’re always being as tax efficient as possible within the constraints of your chosen contract.
When we couldn’t find a service to meet our expectations, we built one.
Jacring and Associates Umbrella gives you:
- Access to a qualified accountant
- Flexibility to switch between Jacring and Associates Umbrella and your PSC
- Peace of mind that your umbrella contracts are run professionally and affordably
- Support from a friendly and approachable team of experts.
Do you really need a qualified accountant when using an Umbrella? YES!
Maintaining your independence as a contractor
Working with a qualified accountant who can take a holistic view of your remuneration will help you make more money and sleep soundly at night.
Maintaining your independence as a contractor
Contracting should always be on your terms and the Jacring & Associates Umbrella will help you to retain your independence and give you the opportunity to secure more lucrative contracts.
Operating without an umbrella could leave you dependent on a specific agency. In our experience, reliance on an agency can lead to contractors taking on less desirable contracts to maintain the relationship.
Maintain your employment rights
Switching between agencies would result in you losing your longevity of service and the associated benefits. Working through an umbrella your employment status is retained even when you change agencies or end-user clients. Key benefits are:
- Statutory maternity pay
- Statutory paternity pay
- Statutory adoption pay
- Statutory sick pay
- Statutory holiday pay
Jacring & Associates Umbrella takes care of all of this for you.
Continuity and security
Jacring & Associates Umbrella will give you uninterrupted payroll services, no matter who you contract with. You will avoid the inevitable delays in setting up a new payroll for each new contract.
And there’s more, working with a familiar system you will be able to check the status of your payments and income 24/7/365. You’ll receive an SMS message when you get paid. With Jacring and Associates experts on hand to provide support, you will be in control of your finances.
Our team will be able to give you an accurate take-home pay figure. Simply give them a call on 0844 358 3450.
If you want an indication of your take-home pay, you can use the Jacring and Associates Umbrella calculator by clicking the button below: