Joining an Umbrella company who will effectively take you on as an employee means you can gain employment rights and minimise your admin. It’s ideal for those who work on short-term projects or a series of short assignments and incur business expenses during their work.
Working as a contractor via your own UK Limited Company offers great flexibility and additional benefits but means you take greater responsibility for your accounts.
In order to achieve legal compliance and to satisfy their duty of care, many businesses now require evidence that contractors will have completed some basic Health, Safety and Environmental training prior to beginning an assignment. This can help to avoid any potential prosecution should a contractor be injured, or causes an injury to others, while working on their premises.
Any freelancer or contractor working through their own limited company will have experienced the complexity of purchasing business insurance products. One of the most common questions Kingsbridge is asked is simply "what insurance do I actually need?"