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What is an umbrella company?
The way an umbrella company works is pretty simple. You as the contractor become an employee of the umbrella company. This means that Sellick Partnership will pay the umbrella company and the umbrella company, deducts the necessary PAYE and national insurance contributions and pays your salary.
An umbrella company will employ you under a contract of employment so whether you carry out one assignment or 100 you'll be employed under the same contract, giving you a record of continuous employment which helps with mortgage or loan applications. It also helps to ensure that you're on the correct tax code whilst providing you with just one pension pot. As with agency PAYE, you also get access to statutory benefits such as maternity and sick pay but with the added benefit of an inclusive insurance package.
Please contact one of our approved suppliers below for more information.
Choosing an umbrella company
Sellick Partnership requires the very highest standards when it comes to compliance – this is to protect both ourselves and our contractors.
So, what are the risks and benefits with using any given umbrella company? For more information view our blog on choosing an umbrella company.
Here at Sellick Partnership we believe in assisting our contractors wherever we can and as such we have undertaken a review of umbrella companies. Please find below the details of Sellick Partnership’s list of approved providers. Please note the below companies do charge for their services.
This list has been compiled following a compliance review of the above providers. It is entirely your decision which provider you engage through and we advise that you seek independent advice.
Should you choose to use another provider not listed they must provide all necessary documentation including, but not limited to; Umbrella Compliance Questionnaire; Certificate of Incorporation; VAT Certificate; Business Bank Account Details; Valid Insurance Documents (your Sellick Partnership Consultant can advise you of the level of insurance required). It is your responsibility to ensure that they comply with all relevant legislation. Sellick Partnership will not be liable for any losses, costs, claims, expenses, penalties or any other liability incurred by that provider, including those which may arise as a result of your use of this third party provider.
The above list will be reviewed to ensure our contractors are provided the best service and as such the above list not permanent. Sellick Partnership reserves the right to amend this list should a provider fail to satisfy either a compliance check or levels of service deteriorate. Although Sellick Partnership has conducted a compliance review of these providers we have not conducted a full audit. Compliance within the recruitment industry is complex and subject to changes within best practice, as such we advise that you should conduct your own checks to satisfy your own requirements. Sellick Partnership Group cannot accept responsibility for any claims, demands, actions, proceedings, damages, loss of profit, consequential, direct or indirect costs resulting from the use of any of these providers.