No limited company needed – just Cool Company

Umbrella payroll done right. Perfect when you work on a series of short to medium length assignments. 

  • Get paid faster. You raise a timesheet and we invoice your end client. All payments made the same-day, never wait for your money.
  • Contract, timesheet and payment. All in one.
  • Taxes? Not a problem we take care of all this for you, just focus on your assignment.

Umbrella pay done right

Captured by IR35?

Have you been issued an inside IR35 decision or simply looking for a compliant alternative solution to avoid dealing with IR35 altogether? PAYE umbrella solutions are outside the scope of IR35 as they provide a compliant, flexible payroll solution for your contractor. Join us

More focus on your end client, less time worrying about payment and taxes

Without Cool Company

Without Cool Company

With Cool Company

With Cool Company

Trusted by over 60,000 contractor and businesses

Umbrella PAYE done right

Quick and safe set up

Employment Protection

Working with us gives you access to all employment rights including SSP,SMP/ SSP and holiday pay.

Online Portal

Taxes? We have you covered

Cool Company will deduct and submit all your taxes to HMRC, ensuring your compliance and free form risk.

Full Employment Rights

Insurance included

 You’ll automatically have a very comprehensive insurance cover for public liability, employers’ liability and professional indemnity.

Quick and safe set up

Faster Payment

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

Full Employment Rights

Personal Service

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

Our pricing explained.


E.g. you raise a timesheet that stretch over four weeks.
  • Dedicated payroll support with HMRC compliant software
  • Comprehensive insurance cover
  • Personal support through phone, chat and email
  • No hidden costs

Calculate your salary

Feedback from our users

Good Support & Service – If you want to work as consultant without setting up your own company, Cool Company is a very good choice.


Great service and very smooth payment system!


Some 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. With the salary calculator on the start page, you can easily check how much you will get as a salary.

When do I get my salary?

You will receive your salary once your assignment giver has made the payment. All payment made via same day and will usually be in your account within 24 hours.

What is the cost of using Cool Company?

Our margin is £22.50 per week or £80.00 per month. 

Cool Company helps you with all of this:

  • Reporting and paying taxes, fees as well as VAT to the tax authorities
  • Paying your salary onto your account, with taxes already paid.
  • Bookkeeping
  • Insuring you
  • The markets easiest and safest Enterprise Resource
  • Planning

There are no fixed costs or hidden fees.

What is an umbrella company?

An umbrella company is a company that employs agency contractors who work on temporary contract assignments, usually through recruitment agencies. Read more about how it works here.

Why should I join an umbrella company?

An umbrella company accommodates contract workers who do not want to set up their own limited company or have responsibility for the administration of self-employment taxes. The umbrella company will be your employer and pay you via PAYE.

Be a contractor vs 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 contact with the tax authorities.
  • We handle your payments such as taxes, fees and VAT.
  • On top of everything, you are ensured.

What about the differences?

When being an independent contractor, you can concentrate fully on your assignments. You can let go of all the administration that torments people who have their own companies.

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.