With Bunobair’s Umbrella Model
Umbrella
Umbrella
Bunobair’s Umbrella payroll service offers a simple, compliant, and efficient solution for contractors and agencies alike. Designed to adapt to dynamic working environments, our Umbrella model ensures workers receive their pay accurately and on time while maintaining full compliance with HMRC legislation, including IR35 and recent reforms to off-payroll working rules.
What is the Umbrella Model?
The Umbrella model is a popular payroll option for contractors who work on temporary assignments through agencies. Under this arrangement, Bunobair acts as the contractor’s employer, handling all payroll and tax deductions while ensuring they retain full employee benefits, such as holiday pay and statutory entitlements.
This solution is ideal for contractors operating across multiple projects or agencies, providing flexibility without the administrative burden of self-employment. All Income Tax, National Insurance, and other statutory deductions are calculated and submitted to HMRC, ensuring full compliance.
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contractors enjoy the flexibility
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of temporary work while benefiting
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from the stability of full employment rights.
The Umbrella model also simplifies expense management by adhering to HMRC’s 2016 Travel and Subsistence (T&S) rules, ensuring contractors claim only legitimate business expenses.
Key Benefits of the Umbrella Model
Compliance with Legislation: Our service ensures adherence to key HMRC regulations, including IR35, the Apprenticeship Levy, and Real Time Information (RTI) reporting.
Employee Benefits for Contractors:Enjoy statutory rights, such as holiday pay, sick pay, and pension contributions, while maintaining the flexibility of contract work.
Key Features of Bunobair’s Umbrella Service
Seamless Payroll Management: We ensure accurate deductions for tax, National Insurance, and other statutory contributions, with clear and detailed payslips provided.
Stress-Free Setup:Contractors can register quickly through our online portal, with minimal paperwork and immediate access to expert support.
Partner with Bunobair for Flexible and Compliant Payroll SolutionsBunobair’s Umbrella model is the perfect choice for contractors and agencies seeking a hassle-free payroll service that combines flexibility with full compliance. Let us take care of the complexities, so you can focus on what you do best. Get in touch with us today to discover how Bunobair’s Umbrella solution can work for you.
