Umbrella Company

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Choosing an Umbrella company through which to payroll your contract income is as important as finding yourself a contract. Our Umbrella Company, Paramount Solutions Limited, is first and foremost a fully compliant solution, which has been fully approved by Inland Revenue. There is then the added advantage that Paramount Solutions is a fully expensed umbrella company. This allows you to offset your business expenses against your income. Our goal is to ensure that you pay as little tax as possible to maximise your tax home pay.

We couldn’t make any simpler for you when using our Umbrella Company. It’s simple. You submit a timesheet and expense claim to us each week and we do the rest. Payments will be made as often as your agency pays us and we offer a unique money-back guarantee should we get things wrong which is highly unlikely.

So what expenses can you claim from Paramount Solutions?

	Mileage between your home and contract site
	Any public transport costs incurred in getting to your contract site
	Car Parking, congestion and Toll Road charges
	Business calls from your mobile telephone
	A subsistence allowance of £5 / day or £10 / day depending on the length of your working day
	Any accommodation and subsistence costs incurred while staying away from home during your contract
	Entertainment costs when entertaining your line managers

Our fees are charged on a weekly basis and once again will cover everything that needs doing to get the cash into your back pocket. The process is easy and immediate and our payments to you will match your agencies pay cycle, whether that be monthly, fortnightly, weekly or even daily. Our service is that flexible! The advantages of using our umbrella company are easy to see:

	No set up or closure fees under any circumstances
	Unlimited support and immediate response times
	No additional costs
	You only pay when you work
	No administrative burden
	Immediate set up which means you can start your contract without delay
	Provision will be made for holiday pay
	Should you change contract or agency, there will be no changes to the way in which we process your payroll

It is easy, simple and hassle free. Should you wish to chat to us further, why don’t you ask us to call you? Alternatively give us a call and we would be delighted to go through everything with you over the telephone, including giving you immediate quotes on your potential take-home-pay based on your personal circumstances.