http://www.planitservices.co.uk/site_files/How_an_Umbrella_Company_Works

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How Do Umbrella Companies Work? By plan.it Solutions Limited


Welcome aboard. Thank you.

You find a contract role with an agency or client. You register as an employee of plan.it Solutions, with a contract of employment. plan.it sign a contract for services with the agency or client.


As a plan.it Solutions employee you can claim tax relief on your contract expenses.... such as travel, meals, and incidentals.


You submit your timesheets and expenses every week with plan.it’s easy online system.


plan.it checks your timesheet and expenses and raises an invoice for the value of time worked. The agency or client pays this invoice.


The day plan.it receives payment we deduct our fee, pay your taxes due to HMRC and then pay you.


Because your contract related expenses are not subject to tax and NI, your take-home pay increases.


You will receive an official payslip detailing what you have been paid.


Oops!

plan.it provide you with essential employment insurances. So if something goes badly wrong... you’re covered.


Once a month, you pop your expense receipts in a prepaid envelope and return it to plan.it. We hold the proper receipts. Everything is within the rules.


You’ve paid all you owe AND you’ve more money to take home.


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