How are we different from others?
Ganumbra Umbrella Company
- Comprehensive employee benefits
Including Holiday pay, SSP, SMP. Dedicated Accounts Manager.
- 100% HMRC compliant
- We run an instant payroll batch
- Payment is initiated same day
- Same day payments at no additional charges
- All your queries responded same day
- Same day set up and registration
- Same day expense claim processing
- No fees for Joining/Leaving
- 3 months premium service for FREE
OTHER UMBRELLA COMPANIES
- Do not offer any employment benefits beyond, holiday pay, sick pay and statutory payments
- Do not follow complete HMRC guidece , you may be liable for enquiries/investigations, penalties and more taxes
- Run weekly payroll batches
- Pay only once in a week when payroll is processed
- Offer 3 days BACKS payment service for same day payments, but charge an additional £35 pounds
- Typically take 2-3 working days
- Usually takes a couple of days
- A Lot of hassles and queries while you claim your expenses usually delaying the process
- Some umbrella companies charge joining and leaving fees
- Usually you will get 4 weeks free service when you sign up
Choose the right option which suits you better
We all were once you and we’ve been through the same journey as yours. We understand your every dilemma and would like to assist you with the best and safest option that suits your individual circumstances. We understand the importance of choosing the right contracting option. Whether you work as an employee of Ganumbra or set up your own limited company, we’re here to support you every step of the way. First, you must understand what are these two Options and which one suits your needs better. Please read on to know more or contact us, we will be able to help you choose the right option which suits you better.
To know more about IR35 changes in public sector please read our blog article here.
Umbrella company
Getting paid couldn't be easier!
"Working for an umbrella company means you get most of the benefits of self-employment without all of the extra hassle. Joining a compliant umbrella company gives contractors the best of both worlds, a guaranteed minimum wage, providing them with the flexibility to work on an assignment, while enjoying the same rights and benefits given to permanent employees. These include guaranteed hours of work, holiday pay, sick pay, maternity/paternity pay and access to a workplace pension.
At Ganumbra we also go an extra step and extend the level of employee care that the multinational companies offer their employees like clinical counselling, Critical incident support, Legal advice etc. - all that’s needed for added peace of mind."
You won’t have to worry about tax or National Insurance either, as these are taken care of for you by Ganumbra. You will be able to claim legitimate business costs and expenses – as long as they’re incurred during an assignment. The types of costs and expenses that can be claimed and reimbursed are dependent on the type of assignment you’re working on and whether it’s subject to supervision, direction or control (SDC). All the details can be found in our Expenses section or access the link here
UMBRELLA COMPANY SERVICES
Here is a glimpse of what services you can expect from Ganumbra. We understand that new contractors have a million and one things to think about. That’s why we’ll strive to make your life as hassle-free as possible.
Same day payments - Processing your payslip and making sure you get paid on time
Helping you claim allowable business expenses
100% focus on compliance
Limited Company
You be your own boss and get the complete initial set up of limited company free. For the majority of contractors, joining an umbrella company is the easiest way to start their new careers. Once you’ve mastered the basics and decided that you’re in it for the long term, we understand that you’ll want to start thinking of the future. If you want to progress to the next stage of your career, why not consider setting up a limited company and becoming fully self-employed? But what are the benefits of doing this? Here’s a glimpse of what you could enjoy as a limited company director:
Setting up as a limited company is widely considered to be the most tax-efficient way of working. You can take earnings from the business as a combination of salary and dividends – reducing your overall tax liability.
You can also leave income in the company to be withdrawn in the future, something that’s particularly useful if you’d end up with a higher personal tax rate by removing the funds in one lump sum.
What’s more, you’d be able to take out an interest-free loan of £10,000 or below from your company. You just need to pay it back within nine months of the firm’s accounting period.
As a limited company director, you not only get to pick and choose your assignments, but also when you want to work. This means you’ll be able to schedule work around your non-work commitments and never miss an important occasion.
Because you’re more likely to source your own assignments, you’ll be able to choose a project that fits your skills and expertise perfectly. This means you won’t have to rely on a third party to find work.
This is definitely one of the main reasons why people choose to set up their own company! Becoming a limited company director gives you more control over your own career.
Another important feature of a limited company is the fact that your personal assets are completely separate to those of your business. Of course we hope the worst doesn’t happen, but if it does – you can be reassured that your personal funds won’t be at risk.
LIMITED COMPANY SERVICES
Here is what you can expect from our Limited company service. We understand that as a new director you may have a steep learning curve with regards to taxation, director’s responsibilities etc. We offer a friendly and informative advice to make your journey as a limited company director is as smooth as possible.
Registrations for VAT, PAYE, Corporation Tax and Returns for these are included. Free business bank account opening
Contact Us
- Address: 83 Duice street Manchester M1 2JQ