Benefits

Benefits of using an Umbrella company?

Working as a contractor or a freelancer can often be challenging!
You have your contract assignment and have to be responsible for managing your tax affairs, ensuring your taxes are correct. Several options are available, including limited company, umbrella company or sole trader. It is thus difficult to choose the right option.

Using FreshWater as a PAYE (pay as you earn) umbrella company provides you as a freelancers and contractors with all the benefits of being an employee by employing them while working on various assignments. ​

Our umbrella company solution is simple. We manage your payroll, timesheets and end client requirements directly with your recruitment agency. Our umbrella solution follows HMRC guidelines, IR35, and AWR regulation, leaving you to complete your contract with peace of mind.

WHY US?

• Our onboarding process is fast, simple and informative.
• A fully compliant PAYE Umbrella scheme, following HMRC guidelines, IR35 & AWR regulations.
• One of the few Umbrella companies with FCSA and Professional passport accreditation.
• We run multiple pay runs daily using same day faster payments to make sure you are paid on time, every time.
• We provide a take-home pay illustration based on a contractor’s personal circumstances, so you know your likely take-home before registertion.
• Expert customer service team advising on payroll, HMRC guidelines, IR35, and AWR regulation.
• We manage all administration so you don't have to.
• We offer a low, competitive umbrella margin.
• No joining or exit fees.​
• We send out weekly payslips to your email address.​​​
• We send out a text message (SMS) to your mobile once the money has been transferred to your bank account.​
• If you choose to enrol in a pension, our chosen pension provider is the government-backed provider Nest.​
• Each contractor has online access to see how their pension contributions grow.
• Our contract of employment protects your full statutory benefits including sick pay, maternity, paternity & holiday Pay.
• Reduced paperwork, all documents are completed and signed online (including the contract of employment).
• References provided for mortgages, tenancy agreements and other requirements.