Umbrella company

The main reason contractors use an umbrella company is that it removes the hassles associated with setting up and running your own limited company, especially if there is no way for your contract to fall outside of IR35. The umbrella company invoices the agency for work completed by the contractor, and pays them a net salary minus the necessary tax and national insurance contributions. The umbrella company deals with all the administrative work leaving you with more leisure time.

As an independent contractor you are able to claim Inland Revenue permitted expenses. These are either processed as a tax benefit thereby reducing your tax and NI liability or reimbursed to you by your agency.
Visit www.contractorumbrella.com to learn more about working through an umbrella company.
KDR receives no incentive from Contractor Umbrella Ltd, and cannot be held responsible in any way for any dealings you may have with them.