What are the benefits of working with Cool Company?
If you are new to contracting, working through an umbrella company is the easiest way to get to work as a contractor.
- We take care of your financial admin.
- We act as an employer for contractors who work with recruitment agencies or multiple clients.
- You submit your time worked and our system will invoice your client.
- When we receive the payment for your client, we deduct all PAYE taxes and submit them to HMRC.
- All payments are made via sameday payment, meaning no delays on your pay.
Simple, straight forward pricing.
When selecting an umbrella company, your net pay and the margin charge are the primary concerns. Finding value with transparent pricing is essential. Cool Company’s Umbrella solution has no hidden subscription or hidden fees. Our fixed pricing model fits your schedule:
1. Fixed margin: You pay a fixed margin based on your pay schedule, £22.50/week or £80.00/month. The margin is deducted before tax once your agency or client has paid our invoice.
2. No hidden costs: Full transparency. No extra or hidden costs. No sign-up fees, no exit fees, no additional insurance fees and no expense processing fees.