Recommend an Umbrella Company for IT Contract
Hi,
I've been offered an IT contract :D. It's going to be short term so don't want to set up own company. Can anyone recommend a good Umbrella Company as I know they vary wildly in the UK. I've searched a few threads & come up with the following; * Freelance Global * Entity Solutions * CXG * MyITG Any pointers would be appreciated. Many thanks |
Re: Recommend an Umbrella Company for IT Contract
Originally Posted by Carey77
(Post 8871393)
Hi,
I've been offered an IT contract :D. It's going to be short term so don't want to set up own company. Can anyone recommend a good Umbrella Company as I know they vary wildly in the UK. I've searched a few threads & come up with the following; * Freelance Global * Entity Solutions * CXG * MyITG Any pointers would be appreciated. Many thanks Mrs JTL |
Re: Recommend an Umbrella Company for IT Contract
Yes, you can get an ABN (Australian Business NUmber) registering as a Sole Trader without setting up a company.
Check out this section of the ATO website. Be warned - I took a job a few years ago with a company that would not let me contract as a Sole Trader, so I had to get a mate to act as Umbrella Company - the company I was contracting to paid him $10/hr for that. Their loss, not mine! |
Re: Recommend an Umbrella Company for IT Contract
Wow someone who has done a bit of research before posting. Good man!
E-mail them all and haggle on the fee. See what you can get out of them. Might get LAHFA etc. I use CXC and they are very good. Pay weekly, always on time. Excellent communication. They are massive. Got them down to 4.5% Good luck |
Re: Recommend an Umbrella Company for IT Contract
Entity Solutions have been good so far but really haggle on the rate..............it just takes the hassle out of stuff and at certain levels includes tax agent for you and your partner etc......
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Re: Recommend an Umbrella Company for IT Contract
It's only a short term contract so I'm not sure it's worth setting up my own company. Plus seeing as I know nothing about tax & all the things I can offset against here I'm finding it slightly daunting.
Thanks for the advice on companies. I've put in a few calls, waiting for call backs (all so laid back here!). I just wish I could use my old UK company, I know they're good & really reasonable too. Hopefully get sorted soon. Many thanks |
Re: Recommend an Umbrella Company for IT Contract
Originally Posted by Carey77
(Post 8872166)
It's only a short term contract so I'm not sure it's worth setting up my own company. Plus seeing as I know nothing about tax & all the things I can offset against here I'm finding it slightly daunting.
Thanks for the advice on companies. I've put in a few calls, waiting for call backs (all so laid back here!). I just wish I could use my old UK company, I know they're good & really reasonable too. Hopefully get sorted soon. Many thanks |
Re: Recommend an Umbrella Company for IT Contract
Originally Posted by itxrd
(Post 8872323)
You can;t use your old UK one because erm you're in Australia now
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Re: Recommend an Umbrella Company for IT Contract
Yes, your right there, but it's 'She' ;)
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Re: Recommend an Umbrella Company for IT Contract
Hubby's been with ITG since arriving here - he was recommended them by a friend who has used them on and off for ages. Hubby's happy with their services - and also said you must haggle on fees.
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Re: Recommend an Umbrella Company for IT Contract
I used CMS Global for a while.
They were great; friendly and efficient. I was impressed and have often recommended them to others. They charge a flat 3.5%. http://www.cmsglobal.com.au/index.html |
Re: Recommend an Umbrella Company for IT Contract
Thanks Myrtle & Nicky having a personal recommendation helps me loads. 3.5% seems to be fairly standard from the few I rang today.
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Re: Recommend an Umbrella Company for IT Contract
I'm being ripped off!!! :ohmy:
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Re: Recommend an Umbrella Company for IT Contract
Originally Posted by itxrd
(Post 8873668)
I'm being ripped off!!! :ohmy:
And apologies to Carey the lady!! |
Re: Recommend an Umbrella Company for IT Contract
Lady maybe going a little too far!
Right the next thing....I have to have a pension (Super)...do I have to go with the agencies one or pick my own? If I get to pick one, any tips or good links to look at? Thanks again |
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