An investigation into mini umbrella companies conducted by BBC Radio 4’s File on 4 found that over 40,000 workers from the Philippines have been sourced to front UK-based umbrella companies…
Choosing between limited or umbrella can be a difficult decision, especially if you are new to contracting. There are advantages and disadvantages to both setting up your own limited company or working through an umbrella company.
The most successful contractors have done their research to find the best payroll option for them. Whether the right path for you is setting up your own limited company, or using an umbrella company, depends on your working circumstances and your preferences.
Continue reading to find out the benefits of each option, and gain some insight into which is the right choice for you.