Supporting Contractors & Freelancers

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Quality & excellence

We don't compromise on quality and deliver excellence to all our clients.

Reliable & honest

Building trusted relationships with customers and agencies based on honesty and expertise

Compliance

We settle all your takes in complete compliance with UK laws and regulations in a hassle-free.

Personalised service

Our ability to provide bespoke services is what makes us stand out from the rest.

Services we offer

Are you looking for a trusted contractor umbrella company? Do you need genuine and transparent tax advice without any illicit schemes or hidden agendas? PNG Professionals is the option for you!

Paye Umbrella Company

PNG Professionals provide excellent value PAYE umbrella company service for contractors and freelancers in any industry sector. As a PAYE umbrella company we allow contractors to become our employees in the handling of their pay and taxes, while still operating as a contractor in your role. We take the responsibility of invoicing agencies and collecting due payments before deducting the necessary PAYE and national contributions to pay your net salary.

CIS Umbrella Company

For contractors working in the construction sector, the CIS Umbrella Scheme consists of special rules set by the HMRC for handling payments made to subcontractors within the construction industry. Contractors or organisations that spend large amounts on construction – even if they aren’t primarily a construction related business – are required to register with HM Revenue & Customs under CIS, with different rules applying to different categories.

Frequently asked questions

Put simply, an umbrella company pays your salary the way an employer usually would, ensuring that all relevant tax contributions are properly calculated and submitted to the HMRC. This means that we act between contractors and agencies to process timesheets and payments correctly, taking the hassle of administration off of your hands.

When it comes to processing and calculating your payments we have no other factors to consider than the HMRC. Our PAYE payroll is linked through the RTI (Real Time Information) system which provides and records your earnings and deductions – effectively protecting you from any comebacks. Therefore it is not up to us to decide what you should be paid, but to make sure that you receive a consistent take home salary by doing it right.

Choosing between PAYE and a Ltd company will depend upon your circumstances and preferences. Firstly, the shift towards PAYE umbrella services has increase where many larger employers and agencies insist on it for their contracts to prevent potential disruption down the line. Limited companies are beneficial due to tax paid on ‘profit’ but will involve a lot more time and consideration to keep on top of, – with more likelihood of HMRC investigations if anything looks out of place.

Contractors often prefer PAYE umbrella services as they are hassle free and ensure that proper deductions are being made – where it is important to remember that anything outside of this ‘can’ and ‘will’ be considered as tax evasion by the HMRC.

When it comes to processing and calculating your payments we have no other factors to consider than the HMRC. Our PAYE payroll is linked through the RTI (Real Time Information) system which provides and records your earnings and deductions – effectively protecting you from any comebacks. Therefore it is not up to us to decide what you should be paid, but to make sure that you receive a consistent take home salary by doing it right.

Yes you can claim expenses under a PAYE umbrella that are reasonably incurred whilst carrying out your work. These will usually be agreed by the contract provider and monitored by your agency. Often you will be required to keep records of expenses or complete expenses forms when required.

Our customer support team are on hand to let you know exactly what you can claim for to help offset some of your taxable liabilities.

Yes it definitely is worth being paid as a contractor under a PAYE umbrella, especially if you can maintain regular work. Most of the UK population conforms to PAYE tax rates as standard, and many contractors that may have been used to various accounting solutions that helped them keep more of there money, are at risk of the HMRC crackdowns on such scheme. But as a contractor you still get to enjoy the higher associated rates of pay than that of permanent staff to account for this. Plus you maintain more control over the work you do and how you should do it.

The alternative is to take a permanent job with the security of fixed earnings where you will still be paid through PAYE.

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