The Pros of Using an Umbrella Calculator

Umbrella Calculator Advantages

What is an Umbrella Calculator?

An umbrella calculator allows contractors to enter a few key details about themselves, such as their name, contractor rate and preferences and the tool will generate a list of umbrella companies best suited to you in return.

Umbrella calculators are widely renowned for taking the hassle out of searching for the best umbrella companies for you and there are many pros to using one.

Compare Umbrella companies quickly and easy

One of the biggest advantages to using an umbrella calculator is that they make comparing umbrella companies quick and easy.

An umbrella calculator eliminates the need to spend hours manually browsing the web to find and compare companies, taking on all the hard work for you.

Contractors can simply enter a few key details about themselves and Umbrella Supermarket’s contractor calculator will save you hours of searching.

In fact, in just 2 minutes, we will generate a list of the best-suited umbrella companies based on the information provided so you can find the perfect match. It’s really that quick and easy.

Compare umbrella companies based on your contractor needs

Every contractor is different and has a different set of needs and requirements. That’s why it’s so important to find one that caters towards you.

After all, no two contractors are the same – some are looking for same-day payments, other require extra levels of insurance. Whatever it is, you need an umbrella company that works well for you.

That’s where an umbrella calculator comes in handy.  An umbrella calculator allows contractors to quickly compare companies based on the services they require, so you can rest assured that you’re choosing a company that will work for you.

Compare your take-home pay

Every contractor wants to know what their take-home pay will be under each umbrella company, which is why we’ve made this easy to compare.

Our handy umbrella calculator shows contractors what their payslips will look like under each umbrella company, outlining how much tax and National Insurance you will pay, how much you will pay in pension contributions, umbrella fees and any other costs that will impact your income.

This will help you find the best deal for you and ensure you are maximising your take home pay.

Compare umbrella company fees

As well as comparing what your take home pay will be under each umbrella company, our umbrella calculator also allows contractors to compare umbrella company fees.

Every umbrella company charges the contractor fees in exchange for the services and benefits they provide. However, umbrella fees vary from company to company, meaning it’s always important to compare and contrast umbrella fees in order to get the best deal.

Our umbrella calculator makes it quick and easy to compare umbrella fees. We will break down each company’s fee and what you will receive for this in return for this, to help you make a well-informed decision.

Compare only the best umbrella companies

Although the majority of umbrella companies have the contractor’s best interests at heart, unfortunately, as in any industry, some don’t.

This means that it’s always important to compare umbrella companies based on reputation.

This is where our umbrella calculator comes in handy. We only ever work with trustworthy, reputable umbrella companies, so you can rest assured that you’re choosing one you can trust.

Find out more about umbrella companies and whether there is such a thing as HMRC approved companies in our handy guide.

Compare results any time

Another benefit to using an umbrella calculator is that they allow contractors to save their results which they can go back and revisit at any time. After all, choosing the perfect umbrella company is a big decision and shouldn’t be rushed into.

By being able to save your results we allow contractors to take their time over the decision-making process meaning you can properly review your options at a time that’s right for you.

What’s more, we even allow contractors to go back and edit their results.

So, if you want to see how changing the provided information will impact your results, we’ve made that quick and easy to do. For example, you can change how much you wish to pay in pension contributions, and we will show you exactly how this will impact which umbrella companies will be best suited to you.

Ready to find your perfect match with Umbrella Supermarkets umbrella calculator?

There are many pros to using an umbrella calculator. Not only does one make comparing umbrella companies quick and easy, they also allow contractors to compare companies based on factors such as take-home pay, service level and benefits offered to the contractor.

If you have decided that it’s now the right time to start comparing umbrella companies, why not give Umbrella Supermarket’s calculator a go?

It takes just 2 minutes to enter your details and find a list of the best-suited companies for you. So, whatever you’re looking for in an umbrella company, whether it’s help with childcare credits or any other additional perks, we will only ever show you the best companies for you.

We’ve helped thousands of contractors find their perfect match, why not see how we can help you today?

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Decision Making

Is PAYE Better Than Umbrella?

If you are considering contracting you will need to decide on PAYE or umbrella.

It can be a difficult decision to make and contractors will inevitably be questioning which option will be the best for them.

To help every contractor get on the right track for them, in this guide Umbrella Supermarket looks at PAYE vs umbrella, outlining the key differences and how this will impact you.

using an umbrella company

Why Should Contractors use an Umbrella Company?

There are many reasons that contractors across the UK opt to work under an umbrella company.

Umbrella companies offer an easy way to contract and remove the need for the contractors to worry about the burdens of admin, finances, tax and IR35, all things that limited company contractors have to deal with.

For this reason, many contractors will be weighing up their options and questioning whether it is worth using an umbrella company in 2021. To help make the decision that little bit easier, Umbrella Supermarket has put together this guide on the pros and cons of using an umbrella company.

 

umbrella company fees

Does an Umbrella Company Charge Fees?

Any contractor that is considering operating through an umbrella company in 2021 will need to understand Umbrella Company fees - from why an umbrella company charges fees, how they are paid to how much the contractor will pay.

In this guide, Umbrella Supermarket answers those all-important questions to help every contractor know exactly where they stand when it comes to umbrella company fees.

 

What makes a good umbrella company

What Makes a Good Umbrella Company?

If you’ve made the decision to contract through an umbrella company in 2021, you will next need to find an umbrella company that’s right for you.

After all, there are lots of umbrella companies out there, so how do you know which one to choose?

To help you find the best umbrella company for you, in this guide Umbrella Supermarket outlines what makes a good umbrella company, so you can rest assured you’re making the right move.

umbrella company pensions

Guide to Umbrella Company Pensions

One of the many advantages to operating through an umbrella company for contractors is that they become an employee of their chosen provider.

In turn, this means that the contractor will be automatically enrolled onto the umbrella company’s workplace pension scheme.

To help contractors find out more about umbrella company pensions Umbrella Supermarket has put together this handy guide.

 

using an umbrella company

Beginner’s Guide to Using an Umbrella Company

If you are considering contracting through an umbrella company you will naturally have questions and queries over how they work.

After all, making the move to umbrella can be a big step for contractors. To help, in this guide Umbrella Supermarket explains how to get started with an umbrella company and share our top tips for using one in 2021.

 

PAYE and Umbrella

Guide to PAYE vs. Umbrella

PAYE or umbrella is a question asked by every contractor. Which one you opt for will have a big impact on your contracting career and lifestyle. So, it's important to make the right decision for you.

To help makes things a little bit easier, Umbrella Supermarket has put together this guide on PAYE or umbrella, outlining the key differences between each, to help you make the best and most informed decision for you.

Holiday Pay for Umbrella Contractors

Complete Guide to Holiday Pay for Umbrella Contractors

One of the many benefits to working through an umbrella company is that you will receive holiday pay as well as a range of other statutory benefits including sick pay, maternity and paternity pay.

To find out more about umbrella company holiday pay, and how to calculate how much you will be entitled to, Umbrella Supermarket has put together this handy guide.

umbrella company

When Shouldn’t You Use an Umbrella Company?

Contractors must make several decisions throughout their contracting careers. One big decision contractors have to make is how they will operate.

One way that contractors can work is through an umbrella company.

Umbrella companies have become an increasingly popular way to contract in the past few years, offering many benefits to the contractor. But, how do you know whether this option is right for you?

To help every contractor make the right decision for them, in this guide, Umbrella Supermarket explains when not to use an umbrella company.

umbrellas

The truth about HMRC approved Umbrella Companies

There are tons of benefits to using an umbrella company, which is why they have become such a popular option for contractors in recent years.

After all, an umbrella company takes away the stress and hassle of operating through a limited company whilst offering contractors a range of advantages, such as statutory rights, paying them a salary, deducting correct tax levels and National Insurance, and taking care of tasks like expense processing and invoicing.

However, as more and more contractors opt to use the services of an umbrella company, more providers have started to claim that they are HMRC approved.

To bust the myths around HMRC approved umbrella companies and get straight to the facts, in today's guide Umbrella Supermarket look at whether HMRC approved umbrella companies really exist, so you know exactly where you stand.

umbrella company costs

How Much are Umbrella Company Costs?

If you're considering making the leap to contracting, you will understandably want to know how much you will have to pay in umbrella company costs. After all, this amount comes directly out of the contractor’s pocket, so it’s important to be clued up on how much you should expect to pay.

To help contractors, in this guide Umbrella Supermarket answer the all-important question of how umbrella companies cost in 2021.