Umbrella Companies - advice and solutions

Lawspeed can help with advice and documents to overcome obstacles facing employment umbrellas.

Since the onset of the Managed Service Company legislation there has been a strong argument in favour of operating an employment umbrella. Not only are workers employed, and so offering protection for both agencies and end user hirers against potential accruing employment rights, but agencies can safely recommend contractors to work through an employment umbrella without risk of third party debt transfer.

However umbrella companies face a host of obstacles. The form of employment contract must comply with statutory requirements and at the same time reflect correct operating arrangements. The manner in which expenses are handled must be appropriately reflected in documentation and at the same time be sufficient to satisfy HMRC requirements. Holiday pay arrangements must be in line with Regulations. At the same time agencies have their own requirements which must be allowed for.

With an excellent working knowledge of the employment umbrella model, huge experience in relation to recruitment agency matters, a good relationship with HMRC, and being the appointed advisers and auditors to the new umbrella trade body, the Association of Employment Management Companies, Lawspeed is ideally position to help.

For more advice and access to a package of solutions, please call us on 01273 236236.

^{“We
decided to use Lawspeed to design the contracts for our new business
because no matter where we looked, their name kept coming up as the premier firm in the field. We have not been disappointed. Not only have they created contracts that exactly fitted our requirements, they also gave us invaluable advice on how we could structure our business to make it more efficient, and hence more profitable. We look forward to a long term business relationship with them.”}^{- - Elaine Hazlewood, Norla}