Umbrella Company, What Is It

Umbrella Company, What Is It

Generally speaking an umbrella company acts as a payroll solutions for many organisation. Most employers do not want to deal with the hustle of payroll and its profound associated paperwork and legislative requirements. Employers would then outsource the payroll function to Umbrella Companies such as SRM Payroll Ltd.

SRM Payroll Ltd then becomes an employer for independent contractors who work under temporary contracts, very often through an employment agency, but also directly with end clients whether private or public sector.

The following is a simple network involving umbrella companies

As a SRM Payroll employee, you really come first and we value you above the business itself because without you we have no business. Our dedicated customer service is tailor-made to ensure we deliver effectiveness, excellency and efficiency when we deal with your financial matters.

It will be our ultimate responsibility to ensure we deal with all the nasty bits such as; invoicing, chasing and collecting your hard earned salary from your agency or end client, calculating your Tax and NI contributions at source and process any legitimate budgeted business expenses as part of your payment structure.

Our IR35 complaints’ team will ensure your salary has been efficiently and correctly calculated so that you are fully on the right side of the law and we protect yourself from future HMRC investigations.

SRM Payroll is exceedingly gaining a reputation for being the most reliable, efficient and effective choice for both contractors and agencies alike.