Beginner’s Guide

New to Contracting?

Everything you need to know about working through an umbrella company — explained simply.

The Basics

What is an Umbrella Company?

An umbrella company acts as your employer when you work on contract assignments. Instead of dealing with the complexity of being self-employed or running a limited company, we take care of everything for you.

You work your assignment as normal. We handle all the payroll, tax, National Insurance, and admin. You get paid into your bank account — just like any other job, but with the flexibility of contracting.

You’re employed by us — fully PAYE compliant
We handle tax, NI, and all payroll admin
No IR35 worries — you’re outside the scope
Insurance included at no extra cost

You Work

We Handle the Rest

You Get Paid

How Your Week Works

It really is this simple. Three steps, every week.

01

Submit Your Timesheet

Log into our online portal and create your timesheet. We’re notified automatically once it’s complete.

02

We Invoice Your Hiring Partner

We create and send your invoice the same working day. You’ll get a WhatsApp message each time we send it across.

03

Get Paid Same Day

Once your hiring partner pays us, we process your payroll and transfer your net pay the same day. Payslip emailed, WhatsApp notification sent.

The Full Picture

Here’s the complete end-to-end process, from signing up to getting paid.

1

Sign your worker contract

You enter into a worker contract directly with No Worries Red Umbrella.

2

We contract with your hiring partner

We sign a business-to-business contract with your hiring partner (recruitment agency, MSP, or end client).

3

Submit your timesheet

You complete your timesheet through our portal, and log time with your hiring partner’s system as required.

4

Client authorises your hours

The end client confirms the hours or days you’ve worked via the timesheet system.

5

We invoice your hiring partner

We raise an invoice covering your work plus any agreed chargeable expenses.

6

Hiring partner invoices the client

Your hiring partner invoices the end client for the completed work.

7

Client pays the hiring partner

The end client settles the invoice with the hiring partner.

8

Hiring partner pays us

The hiring partner pays us according to their payment schedule.

9

We process your payroll

We deduct PAYE, NI, and any other contributions, then transfer your net pay directly to your bank account.

10

You receive your payslip

Your payslip showing rate of pay and all deductions is available online, and you get a WhatsApp confirmation.

Your Employment Status

As a contractor with No Worries Red Umbrella, you are a worker under the Employment Rights Act 1996. Although you work on temporary projects, you are employed for tax purposes. We take care of all payroll taxes and administration on your behalf.

Your Rights as a Worker

Written statement of employment terms
National Minimum Wage
5.6 weeks paid holiday per year
Payslips for every pay period
Whistleblowing protection
Protection against discrimination
Fair treatment for part-time workers
Statutory Sick Pay eligibility

Understanding Your Pay

Tax Codes

Your tax code determines how much is tax-free. The standard code 1257L means the first £12,570 is tax-free. Earnings above this are taxed at 20%, then 40% above £50,270, and 45% above £125,140.

Why Employer’s NI?

Your contract rate isn’t your salary. Employer’s NI and the umbrella margin are deducted first. In most cases, your contract rate already accounts for this and is higher than an equivalent permanent role.

Take-Home Estimate

As a general rule, expect to take home between 60% and 75% of your contract rate. Higher earners pay more tax, so the percentage varies. All compliant umbrellas deduct the same taxes.

Holiday Pay

You’re entitled to 5.6 weeks (28 days) paid holiday per year. Holiday pay is calculated at 12.07% of your rate. You can choose to receive it weekly or accrue it for when you take time off.

Expenses

Since April 2016, most personal expenses can no longer be claimed. Only pre-agreed chargeable expenses (invoiced on top of your timesheet) can be reimbursed tax-free.

Watch Out

Any provider promising 90%+ take-home pay is likely a loan scheme. HMRC regards these as tax avoidance. If it sounds too good to be true, it probably is.

Contact Me

Don’t have time to read through the details? No problem — just drop us your info and we’ll take it from there.

Choose to have one of our friendly team give you a call, or we can send you an introductory email with everything you need to know — straight to your inbox, ready when you are.

It only takes 15 seconds. Fill in the form and let us do the rest.

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Getting Set Up is Easy

Three quick steps and you’re ready to start working.

Sign Up Online

Complete your details through our portal. The whole process takes about 10 minutes.

Verify Your Identity

Quick digital ID check through our Yoti partnership, plus a right-to-work verification.

Start Working

We confirm your hiring partner details, set up your portal access, and you’re ready to create your first timesheet.

Umbrella vs Limited Company

Not sure which route is right for you? Here’s a quick comparison.

Umbrella
Limited Co.
Admin Zero — we handle everything High — accounts, filings, VAT
IR35 Not applicable Must be assessed per contract
Tax Efficiency Standard PAYE More tax planning options
Insurance Included You arrange & pay
Pension Auto-enrolled You arrange
Setup Time 10 minutes Days to weeks
Best For New contractors, simplicity Experienced, higher earners

Not sure? Most new contractors start with umbrella — it’s the simplest way to get going.

Learn about our Limited Company service

You’re Covered

Insurance Included

All our employees are covered at no additional charge:

  • £10m Employer’s Liability
  • £5m Public Liability
  • £5m Professional Indemnity

Workplace Pension

You’re automatically enrolled into our Smart Pension scheme. The minimum contribution is 8% (combined employer and employee). You can adjust your contributions at any time through salary sacrifice, giving you tax savings.

Learn More

Ready to Get Started?

Hundreds of contractors trust us with their payroll every week. We’ve been doing this since 2014 — you’re in safe hands.

Set up takes about 10 minutes. If you have any questions, our friendly team is here to help.