From 1st April 2020 using a PSC may cost you your contract position! You can remove the hassle and uncertainty of this by joining Prime
Easy to Join, No Hidden Costs
Prime makes full use of PAYE, Employment Laws and Legislation. Its a low cost, accredited and fully compliant solution
We charge a fixed price for our service which is only charged when you have hours to bill through us
Accredited, 100% IR35 Compliant
As everything we do for you is PAYE based and , employment driven, it is completely outside of any consideration for IR35 now and will continue to be so after April 2020
No Dividend Tax
No more need to draw Dividends to gain a tax break so no more dividend tax charges!
No Expenses Used To Get Tax Breaks
No reliance on expenses to gain a tax break. The use of ‘grey-area’ expenses to inflate take-home has been disallowed since April 2016
Frequently asked questions
What does it cost?
There is no charge to join Prime Umbrella, but we do make a small service charge of £20/week or £80/month when processing a timesheet. The ongoing cost to yourself would be the tax on your PAYE salary plus our service charge.
What is my employment status?
You will be our employee with a salary through PAYE
What about IR35?
Because you are employed, IR35 does not apply
Can I still work through my Limited Company/PSC?
No. From April 1st 2017 this has been impossible in the Public Sector and from April 1st 2020 (implementation April 2021) this will also be the case in the Private Sector.
If I am employed by you, can I still do occasional freelance work?
Yes! Call us to see how we can make this work to your advantage!
Do I need my own insurance?
This depends on your specialism. Prime has Employer’s Liability, Public Liability and Public Indemnity insurance for all of its staff. However, some professions require the individual to have their own insurance. If in doubt, please ask us!
Will I need an accountant?
Not with respect of Prime. As you are employed all administration is handled by Prime. However, you may need to retain your accountant to deal with any other tax matters not relating to Prime.
What happens if I want to leave Prime Umbrella?
You would give notice of usually a week, or a month dependant on contract, resign in the normal way and get a P45 from us.
Can I still work through a Recruitment Agency?
Yes! Prime is geared to working with both agencies and end-users where there is not agency involved. Not all umbrella solutions offer this flexibility. The key difference is that Prime is fully compliant with all April 2017 and April 2020 changes and an industry accredited solution – many are not. Win-Win!
How do I get paid?
You will be paid by bank transfer on a Friday for weekly agreements and on the last working day of the month for monthly ones.
Contact us on 0161 818 7452 or complete our enquiry form:
Submit an Enquiry
Submit your enquiry using the form below and we will be in touch to advise how we can save you money.