Perhaps to the surprise of some, the traditional ‘umbrella' payroll model remains a popular choice for contractors despite the removal of tax relief on travel and subsistence expenses. When the draft legislation was first announced in 2015, an air of doom and gloom engulfed the industry and apocalyptic headlines heralded the death knell for the solution of choice for tens of thousands of contractors.

Upon introduction in April 2016, many contractors did indeed revert to either PAYE or PSC payroll solutions, but umbrella remains ever popular among the contracting community. With this in mind, RACS Group has significantly enhanced its core umbrella offering with the introduction of Umbrella Plus in December 2016.

Inspired by a desire to provide more benefits and advantages to hard-working contractors (especially teachers and nurses), Umbrella Plus is a fully-employed payroll solution accompanied by a raft of professional benefits and retail discounts offered via Contractor Wallet including:

  • Free and comprehensive personal accident insurance cover
  • Free access to Perkbox employee benefits package including:
    - Savings at numerous High Street retailers
    - 10% of all Apple products
    - Discounted cinema tickets and gym memberships
    - 2-for-1 offers at restaurants and coffee shops
  • Free CPD Courses for teachers and medical professionals
  • Specialist mortgage and financial advice from Contractor Financials

Contractors choosing Umbrella Plus also benefit from full employment status, statutory benefits including holiday, sick and maternity (or paternity) pay, tax and NIC contributions paid at source, pension entitlement and guaranteed Friday payment dates before 9am.

ENHANCED ‘UMBRELLA PLUS' SOLUTION FOR CONTRACTORS

To register with RACS Group’s industry-leading Umbrella Plus payroll solution, please contact our Registrations team

0345 604 0571


Copyright RACS Group 2017 - Recruitment and Contractor Services Limited

Registered in England & Wales – Company No. 6073586 – VAT No. 891 863 869
Registered Office – RACS Group House – Three Horseshoes Walk – Warminster - Wiltshire – BA12 9BT

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08/17

Copyright RACS Group 2016 - Recruitment and Contractor Services Limited

Registered in England & Wales – Company No. 6073586 – VAT No. 891 863 869
Registered Office – RACS Group House – Three Horseshoes Walk – Warminster - Wiltshire – BA12 9BT

Terms & Conditions - Privacy Policy - Sitemap
08/17