Contracting through an Umbrella
Working through an umbrella company for your contract assignments is the safest way to avoid high tax bills and large amounts of paperwork. With protection for the Uk Employment Rights Act, there is no safer way to be a flexible worker.
What it means to be an Umbrella Contractor
Umbrella Contracting can be regarded as the third form of employment and lies between self-employment and employment. As a contractor, you are employed by Cool Company, but control when and who you work for. Sometimes assignments might be through recruitment agencies other directly with the client, but you choose.
As an employee of Cool Company – we take care of the employer responsibility. We handle all accounting, including taxes and contributions. We ensure that they are paid on time so that you can focus all your time on your assignments and customers.
Cool Company’s services are perfect for a contractor that wants to get started quickly without starting their own business.
Reasons to be an Umbrella Contractor
Working as an umbrella contract give you flexibility that is either a requirement or a personal choice. Our platform allows you to work when you want without having o keep the books.
Minimize the risk of being a contractor
Starting in contracting comes with risks and commitments. As an umbrella contractor you can have the liberty of being an employee, while choosing where you work and who you work for.
Get started in a heartbeat
It’s super quick to start invoicing through Cool Company. Just start an account and begin right away. Easy, safe and convenient.
Contractors & work life
You’ve probably figured this out already – but there’s no typical day-at-the-office for contractors. Full time, part time, whatever-you-want-time is the deal and you set the boundaries for what you want your schedule to look like. By letting us take care of your financial admin, you’ll have more time for your work, and can maintain a better work/life balance.
Is flexible working for me?
Only you know what matters to you in terms of how you want to work. We have umbrella contractors working within many sectors ranging from engineering, construction to IT-consultants, and project managers. If you wish for a more flexible life, where you can focus fully on what you’re good at, this could be what you’ve been searching for.
How does contracting differ from being employed?
As a contractor you work as a consultant with your own clients – but when you invoice you’re considered one of Cool Company employees. This means that Cool Company is responsible for ensuring that taxes and fees are paid as they should, taking the stress and admin away from you.
Want even more information?
In our FAQ section you can learn everything about our services, being a contractor and running a business.