Maximise your earnings, minimise the paperwork

Let us handle the financial admin, while you spend time on what you do best

  • 2 minutes to set up
  • No monthly subscription or set-up fees  
  • Recieve your NET pay via sameday payment

Umbrella PAYE done right 
We have helped 50,000 others

Quick and safe set up

Create an account in minutes and be fully insured throughout your project

Online Portal

Log your time, see you payslips and manage your assingments all within out user-friendly platform.

Full Employment Rights

Protected by the full UK employment rights through our Umbrella Solution

Calculate your salary

What is IR35?

Kris Simpson, our IR35 expert, guides you through the new legislation, and the changes to expect in April 2020.

Take the stress out of working as a contractor

Being a contractor can feel risky, and manageing your own taxes can be a huge task. We make contracting easier for you. Under our umbrella, you spend minimal time on admin and can focus better on delivering to your clients.

We will handle all your taxes, so you won’t need to worry about self-assessment or compliance, plus you’ll be covered with comprehensive insurance policy and UK employment rights. Leaving you protected and with more time to do what you do best.

The benefits of Cool Company

A safer choice

Your employment rights will be protected through Cool Company while working on assignment.

Simple online platform

You’ll input assignments easily via your smartphone, tablet or computer, then see your payslips allinside our platform.

Personal service

Connect with us however you want via online chat, email or phone at any time we are here to help.

Communication

We will notify you whenyour payment is processed.

Faster payment

All payments are made via sameday payment, meaning no delays on your pay.

Here are some of our most frequently asked questions: 

How much do I get paid?

Once taxes, fees and the Cool Company fee have been deducted, you receive your salary, which is between 60-70% of your invoiced amount, VAT excluded.

When do I get my salary?

You can receive your salary once your assignment giver has made the payment. If you choose the corresponding setting, your salary will be paid out automatically. Otherwise you can choose manual payment and decide for yourself when and how much you can receive in salary.

Please remember that it takes 2-4 banking days before the money becomes visible on your bank account.

What is the cost of using Cool Company?

We take 6.98 % of the invoiced amount, VAT excluded.

You set the price yourself together with your assignment giver. Once you have completed an assignment, you fill in the form by entering the invoice information and payment conditions.

Cool Company helps you with all of this:

– Reporting and paying taxes to HMRC
– Paying your salary onto your account, with taxes deducted
– Access to full employment protection
– Comprehensive employer’s insurance

This will leave you with more time to either work on your projects, and maintain that essential work-life balance.

Be a contractor whilst being an employee

It is as simple with independent contracting as with a traditional job:

– You are temporarily employed and receive a salary as an employee.
– You don’t have to deal with all the administration.
– We handle all the HMRC responsibilities.
– We manage your salary payments.
– On top of everything, we are your employer.

Sign up with us today!

Join the 50,000 + contractors using our service. With no obligation or subscription fees, you have nothing to lose. 

All taxes paid for you. Easy, simple, peace of mind.