What are the benefits of using wagecorp as your Umbrella Payroll Company?
When you are paid by wagecorp you will effectively be treated as an employee and your wages will be paid through PAYE, which means that you will get all of the statutory rights and benefits of being an employee, with the flexibility of being a contractor.
One of the most important benefits of wagecorp as your Umbrella Company is access to sick pay, maternity/paternity leave, holiday or redundancy pay.
Wagecorp is easy to use. Contractors using wagecorp as their Umbrella Company simply submit their time sheets and expense claims to us and wait to be paid.
All Income Tax and National Insurance is calculated and deducted by wagecorp prior to you receiving your salary or wages. This means you do not need to worry about calculating your own deductions and potentially receiving a tax bill at the end of the tax year.
Wagecorp is suitable for contractors who have both long and short-term contracts who want minimal administrative input
Wagecorp provides suitable solutions for contractors at all salary rates.
With wagecorp you maintain continuous employment under a single tax code
We provide you with your payslip each time we pay you, and this will show a breakdown of the money you have earned and any deductions we have calculated and paid to HMRC.
With wagecorp you have the option to have you wages paid into your bank account or to a wagecorp multi currency account and prepaid card.
As a wagecorp employee, you can claim back expenses for travel, tools and equipment and we will manage this on your behalf.
Wagecorp provides its employees with the flexibility to test whether contracting will work for them.