Use our Umbrella Company reduce your Tax and National Insurance
payments with genuine business expenses to keep more of your
money.
With
our umbrella company, we'll take care of invoicing your agency,
calculating and paying your PAYE tax and NIC, processing your
business expenses and arranging your agency contracts. All of
our umbrella company processes are electronic and streamlined to
take the hassle out of being a contractor - so you can focus on
doing what you do best - your contracting!
With Nasa's Umbrella Company you get all this and more for a
fantastic and market beating £9.99 per
week. We don't need to quote our fees after tax
relief like other umbrella companies to make them sound less - we
just charge you less in the first place! But just to show off
you can see our net umbrella company fees after
tax relief here.
We've tried to cram the umbrella company full of benefits.
To give you an idea what comes as standard with Nasa Umbrella
company- have a look at the links below or contact our friendly and
helpful sales team here who can give you a quote
for your take home pay through the umbrella company service.
Just have your pay rate and likely business expenses to hand,
and we'll be able to use our salary calculators to give you a quote
in a matter of moments.
If you are a first time contractor and umbrella companies are
seem like a new and daunting prospect, don't worry too much.
Have a look through our 1st Time Contractor Guide.
This covers some of the industry jargon you may have heard ad
will give you a good understanding of how umbrella companies
work.
The links below give a quick suimmary to the benefits of using
our umbrella company, Nasa Umbrella. Have a look through but
please do contact us so we can tell you
exactly how we can help you.
Low
Weekly Fee
All your lovely umbrella benefits for just £9.99 per
week. Is that all you say? No its not too good to be true - and its
even less after tax relief. For a higher rate tax payer, the cost
is just £5.89 per week. Nasa provide everything you would expect
from a quality umbrella company, just at a fraction of the cost.
There are no hidden fees either. But don't be fooled into thinking
a low fee means we scrimp on service levels.
Business
Expenses
As a contractor
you may be able to reduce the amount of tax & NIC you pay by
claiming legitimate expenses. Following HMRC guidelines and where
you qualify, Nasa Umbrella can help you get the maximum benefit
available through claiming genuine business costs. This helps to
increase your take home pay in the process. Our consultants will
talk you through the process and whether you qualify to claim
expenses. The main costs generally incurred are for travel and
subsistence (food & drink) and where you have a receipt you can
claim this cost for tax relief. To find out more about Nasa
Umbrella's expense policy please have a look at our Guide to
Business Expenses on the right hand menu.
Employment Benefits
As an employee
of Nasa Umbrella you'll get a full HMRC approved 'Over-Arching
Contract of Employment'. As such, you'll get access to full
employment benefits such as Holiday Pay, Sick Pay (SSP), Maternity
and Paternity Pay (SMP & SPP) where applicable.
Business
Insurances
Your weekly fee
also includes comprehensive cover for business insurances too. If
anything untoward should happen while on contrcat, then you're
covered for up to £10m Employers Liability and £5m for
Public/Products Liability. So what about Professional Indemnity
insurance? If you need this, then for just £1 per week you can get
yourself covered for £1m worth of PI too. After tax relief that's
just 57p extra. We'll only add this onto your service if your
agency/client state it as a requirement.
Pension
Contributions
Nasa can help
you contribute to a pension fund to save tax. If you have a fund in
place already then we can pay direct to your provider via salary
sacrifice. Full NI savings will be passed onto you. Haven't got one
set up yet? No problem, we can put you in touch with an IFA or you
can use Nasa's stakeholder scheme. All in all, a pension
contribution is a fantastic way to save tax.
Free to Join
& Leave
As you'd expect
from an umbrella that saves you money - we're flexible around when
you join or leave the service. There are no joining or leaving
charges, no minimum tie in periods or hidden extras. You simply pay
the admin fee as and when you work on a contract. During contract
downtime you will not be charged a fee.
Friendly
Knowledgeable Team
The team here at
Nasa Umbrella are a friendly bunch. As well as knowing their
payroll, they're on hand from 8.30 until 6 each day (except Fridays
when we start earlier and finish a little early too) to answer any
questions or queries. You'll have their direct line and email
address and they're only too happy to help.
Childcare Vouchers
Nasa Umbrella
offers our contractors full access to a childcare voucher scheme in
conjunction with our provider, Imagine Co-Operative Childcare
Vouchers. This system enables you to get full tax and NIC relief on
up to £243 per month of childcare costs. Please speak to one of our
consultants for more information about this scheme.
Sign up to Nasa
Umbrella
Want to sign up
to Nasa Umbrella? Well you're just a few moments away from becoming
our newest employee! Like a call back? Complete our contact form
and we'll get straight in touch to get your details. You can also
download a Sign Up form on the menu to your right. We'll need some
ID & Proof of Address too but your friendly consultant will run
through all of this with you.
If you aren't sure about anything to do with Nasa Umbrella or
Umbrella Companies in general, please don't hesitate to call us on
(0117) 929 7683 or complete a contact form so we can call you
straight back.