Pain-free Umbrella Employment with Parasol

If you're looking for an umbrella company that goes above and beyond to provide a range of benefits for its clients, look no further than Parasol! As one of the leading umbrella companies in the industry, we offer our contractors and agencies a range of services that make business easier and life better.

Parasol is an umbrella company committed to providing compliant, secure, and trusted umbrella payroll solutions that give contractors the freedom and flexibility of working with all the continuous benefits of full-time employment. From providing holiday pay to calculating tax and NI contributions, we offer contractors the ability to rest easy knowing that we've taken care of their financial needs and obligations when they need us the most.

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With a payroll system that processes five times daily, Parasol ensures that contractors are paid on time, every time. We also offer a PAYE scheme and financial assistance, including advances that are already tax deducted, meaning you may not have to fill in a self-assessment at the end of the year. If you do still need to fill one in, don’t worry; we’ve got you covered.

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Through our sister company, Caroola, we also provide a comprehensive range of accountancy and tax services for the agile workforce, including limited company contractors operating outside of IR35 and sole traders. These expert accountants provide key information and quality service to anyone in need of a helping hand with their business finances. Our accountants also keep on top of legislation changes and how they can impact our customers in the long run.

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Caroola has two further benefits that we are proud to offer to our customers. The first of these is Caroola Rewards, which allows you to access industry-leading benefits. These include fuel discount cards, private medical care, a 24/7 online GP, and thousands of ever-changing discounts and offers from the likes of TUI, Gousto, and Samsung. (As of 26/01/24).

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The second additional Caroola benefit is our financial planning service, which allows you to receive tailored, independent advice on investments, tax, and retirement to help plan for the present and for the future. This service also provides information on what you can claim through a limited company as a business expense. Having access to this service means that you can organise what is happening financially in your future and be confident that what you decide is the best decision for you. The services can provide you with a true insight into what is feasible for your future.

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Alongside our financial planning, we also offer training and workshops to further support you in building the future you want. These workshops help fill in the professional gaps in knowledge that you may have and help you grow your business to a new and higher level.

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As a company, Parasol wants to empower our agencies and contractors to not only survive but thrive. We can't wait to continue to offer you these amazing benefits as we work on helping your business grow.

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